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In Reply to: RE: Every purchase has it's opportunity cost... posted by AbeCollins on July 10, 2024 at 10:39:18
since solar is an exponential technology, I'll wait for a shorter ROI than ten years.I suspect the markets will be in good shape for the next couple of years. ;)
Edits: 07/10/24 07/10/24Follow Ups:
Yeah, it's all about the electric rate. In CA, it's about 40 cents/kWh. Most other places only cost 10-20 cents so the ROI is 2X or 4X to get your money back.
-Rod
It's also true that the cost of panels have come down over the years. So, you get more for your money AND the government still gives you a nice tax credit.
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