Talk of The Villages Florida - View Single Post - solar panels
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Old 09-08-2024, 08:19 AM
UpNorth UpNorth is offline
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Quote:
Originally Posted by Burnie View Post
But 28 solar panels must have been pretty expensive. How long to get an actual return on your investment?
Back in 2011, the solar panels were expensive - about $400 each. Today they are half the price. But there was a HUGE federal income tax deduction at the time and the state of CT kicked in an additional $10k credit. The system has long been paid off, especially in light of the huge electric bills my neighbors are now paying. But don't expect the same scenario in Florida.