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Old 10-22-2014, 06:20 AM   #14
dpg
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Originally Posted by secondcurve View Post
The bottom line solar isn't cost competitive. The only reason the payback is approx. 8-10 years is the government subsidies the purchase (and we all know the Gov has no qualms about spending our children's money). Solar would be 30+ years without tax incentives. We should be pushing natural gas powered trucks and homes but the Enviro-Taliban crowd view nat-gas as an enemy since it is carbon based despite the clean burning nature of the fuel.
I agree the payback just isn't there (yet.) In Mass a few companies are advertising a free solar install however the catch is you agree to give back just about everything you produce back in the "system" that's how the company eventually gets their payback. Their sort of in turn selling the electricity produced back to the electric company and you sign a contract committing to that setup for many years depending on every homes situation. For the install you usually save around 10% a month off your bill that's it. The only way to benefit from day one is to write them a check upon completion and you own the system. For app. a $25,000 install cost there's a good chance I may not be around to even break even.
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