
08-31-2022, 01:39 PM
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Sage
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Join Date: Feb 2015
Location: Wherever I happen to be.
Posts: 7,733
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Quote:
Originally Posted by Rich Iwaszko
Hi,
it's time to talk solar. It was touted in the early days of solar that large business's would cover store roofs with solar. It did not happen, it had to be financial, it didn't make dollars and sense. Solar Panels are very inefficient.......the best are only 15% efficient, hence so many panels.
The average savings from solar is from 50-150$ per month or lets say 1,200$ per year.
If the panes cost 15,000, could be low, the payback time is 12.5 years. This seems too long.
Now that their is a 30% tax credit, the sellers will raise the price at least 15%.
If you go with solar that has storage batteries the costs double and triple with more benefit, but, does it make and dollars and sense really. If you have solar and are paying nothing for electricity please weigh in on this. Please tell us what you paid for it as well.
let the sun shine in..........
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All for any reliable form of low carbon energy source that can stand on its own economics without being subsidized by taxpayers.
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