Thread: Cost of fuel...
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Old 03-08-2022, 03:07 PM   #68
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Quote:
Originally Posted by thinkxingu View Post
You realize how much this stuff costs? What percent of America has the money to outlay for this?

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You have a point.

Solar is pretty cheap though.

My ROI is 6 years. After that it’s PROFITABLE.
Yes, will make money.
Because I take some burden off the grid they pay me CASH to be self sustaining.

Solar is NOT free. You are prepaying it.
The rule of thumb is I’m paying about 0.08 KWh (as opposed to 0.26 KWh in MA).

You can lease and save some money long term.
But if you can afford it you do save money, quite a bit, long term.

Say your electric bill is $150 a month.
Multiple that out 20 years and it’s $36,000

Install Solar for $18K. Bill goes to $0.00

You save $18,000.00

Now that assume price doesn’t go up. The more it goes up the more you save.

Now you could invest that $36,000 too and keep paying for electricity.
I elected to go green-ER

EV’s are almost in reach of average consumer. Maybe 5 more years.
You don’t need to be rich to own one now. But you need to be comfortable.
If you can afford lake property I suspect you can afford both with no problem.

The number one reason I buy a Tesla is, it’s one of the safest vehicles on the planet to get me to and from NH. It’s the only way I can justify it because it’s not financially sound just yet. Even with Solar to power it.
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