Quote:
Originally Posted by coleprice
Solar Panels don't ever pay for themselves. They lose power output over time and the cost of a New Roof increases substantially. Unless you live off the grid, don't consider powering your home with solar panels.
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You need to qualify this statement. In Massachusetts, on the roof of our horse farm, we installed 175 panels. Our normal electric bill in February was over $2,000. The indoor arena lights, barn lights, apartment heat etc. Between the net metering resulting in a large credit during the summer months to offset the low producing winter months, and the SRECs from the state of about $18,000 a year, the $200,000 installation had an 8 year payback. We even converted our house from oil to electric.
What you meant to say was that solar panels dont pay for themselves in every state and situation.