Quote:
Originally Posted by UpNorth
In spite of all the sunshine, solar is not a good investment in Florida. The power companies will take a good cut of your output, and the insurance companies will be forcing you to replace your roof after 10 years. And you certainly don't want to do one of those "no money down" lease deals. Contrast this to my home in CT, where I installed 28 solar panels on my roof in 2011. Have not bought a single watt of electricity since. The utility company gives me a kw for every kw I put into the grid. No pressure to replace my roof shingles (which are covered by the panels anyway) and I get a credit for excess kw produced at the end of the year. I only pay for metering, which is about $12/month. Pretty good for CT, where residents are now paying huge electrical bills ($400+/month and more)
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But 28 solar panels must have been pretty expensive. How long to get an actual return on your investment?