Schu Posted November 17, 2022 Share Posted November 17, 2022 SOLAR PANEL: So I just went thru the SOLAR schpeel here at the house because I was understandably curious. it all sounded wonderful and so... 'responsible'. It wasn't as expensive and I thought it was going to be, but I have some serious questions. Our quote was only $21k all in @ 3.99% for 20 years... But when I priced the panels out myself and it only came to $4,000 (leaving $17k). Surely I am not going to do the job myself and according to the sales person, it's a four hour job and while there some other costs for wiring and an inverter (I will allot another 3$k) that leaves $14k... that's like $3500hr in labor. So lets say, I am paying $100 a month for the system over 20 years, and my monthly payment for wired electricity is $100-$140 (summertime) a month over the same time period, it is basically a wash in terms of capital outlay, and it appears to me that I am paying $21,000 over 20 years for some over priced photovoltaic hardware to sit on my roof. This current generation technology is getting older and older and is probably already outdated before its bolted to my roof. At this point I don't think this is for me... I am not that 'energy conscience'. 4 Quote Link to comment Share on other sites More sharing options...
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