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Old 10-21-2021, 08:09 AM
richs631 richs631 is offline
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Quote:
Originally Posted by ChicagoNative View Post
We got a quote from PE Solar. $36,500 upfront for the install, and we’d still have an approximate bill of $130-140/mo to Duke. I figured the breakeven period at 12 years. Even with the tax credit, it just doesn’t make sense for us.

I suspect that this will be like big screen TVs and computers. The technology will get perfected, the units will get smaller, and the price will come down. But until then, solar is a big fat no for us.
And that’s not even considering what you would make on your $36,000 up front cost if you invested that for the next 12 years. Solar is NOT worth the return on investment, not even close