Quote:
Originally Posted by FlyingScot
Nice! But I think you mean profitable for 14 years (or more) after the 6 to pay off the system. 
Think--many solar installers can help you with financing so that you have zero out of pocket expense |
The promotion that I get paid for making electricity is “only” for 10 years. So after that expires, it’s still no cost for electricity but I don’t make money. That program just speed up the ROI. So first 6 years I’m behind (because I paid for it). Next 4 It’s paid for and they continue to pay me. Then next 10 is paid for but I don’t get paid.
I agree about financing options. There are leasing options too that basically you pay nothing out of pocket. But you pay the solar company for the electricity on your own roof. But at an attractive rate. A friend did that and it’s worked out great for him. After 20 years he may have paid less than I did in total.
I did it more to be green than to save money. So great a feeling generating your own electricity. I had no intention of buying an EV when I installed it. Luckily I over sized the system a bit.