View Single Post
Old 09-30-2009, 10:46 AM   #32
Dr. Green
Member
 
Join Date: Mar 2009
Posts: 38
Thanks: 0
Thanked 3 Times in 3 Posts
Default

Quote:
Originally Posted by twoplustwo View Post
...but solar panels are far too cost prohibitive, still.
Quote:
Originally Posted by jmen24 View Post
Electric solar panels that are large enough to power your home and hopefully backfeed the grid are super expensive including all the components to go with them.
I don't know where you are getting the idea that solar is not cost-competitive now. Sure, over 5 years it isn't cost-competitive, but systems are guaranteed for 25 years, and should last 40 years easily. At 25 years, with Federal and State rebates (which equal up to 1/2 the price of purchase and installation), solar is cheaper than the power company (assuming you have a full solar exposure). If the cost of electricity keeps increasing at the rate it has increased the last 10 years (approximately doubling) I would expect solar to have closer to a 15 year payback than the closer to 25 it is if you assume the cost of electricity will not increase at all in the next 25 years (the rate we use for cost comparisons).

See: http://www.sustainabilitynh.com/?post_id=40
Dr. Green is offline