Forums
New posts
Search forums
What's new
Articles
Latest reviews
Author list
Classifieds
Log in
Register
What's new
Search
Search
Search titles and first posts only
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Forums
Chatting and General Stuff
General Discussion
Go Solar?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Chadp82" data-source="post: 2815347" data-attributes="member: 114151"><p>It depends on your energy rates. I looked into it and fortunately have a friend in solar. He wasn't local so he reviewed the quote.</p><p></p><p>Basically, with my energy usage and current rates, the breakeven was about 15 years out. My friend advised I wait. He said at that point in time I would be looking at replacing things, the most expensive part being the converter (or inverter whatever it's called). He also said the panels have a 15-20 year life and panels are getting more efficient. So I would be close to the end of their life at my breakeven point.</p><p></p><p>Now there is a caveat energy rates may go up. He used 5 or 6% per year, I don't recall.</p><p></p><p>My buddy lives in California and their breakeven was 4-5 years for the rates in his area so it makes more sense.</p></blockquote><p></p>
[QUOTE="Chadp82, post: 2815347, member: 114151"] It depends on your energy rates. I looked into it and fortunately have a friend in solar. He wasn’t local so he reviewed the quote. Basically, with my energy usage and current rates, the breakeven was about 15 years out. My friend advised I wait. He said at that point in time I would be looking at replacing things, the most expensive part being the converter (or inverter whatever it’s called). He also said the panels have a 15-20 year life and panels are getting more efficient. So I would be close to the end of their life at my breakeven point. Now there is a caveat energy rates may go up. He used 5 or 6% per year, I don’t recall. My buddy lives in California and their breakeven was 4-5 years for the rates in his area so it makes more sense. [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
Chatting and General Stuff
General Discussion
Go Solar?
Top