Dave911
Solar Enthusiast
Well, I dunno. Electricity where I live is 10 cents a Kwh.
Solar cannot come close to meeting my needs without an enormous and costly system and even with that, I would have to have natural gas or wood for heat, hot water and clothes drying.
A $40,000.00 solar system would take 20 years to cancel out the power bill and that assumes the batteries and inverters and solar panels last that long and continue well beyond that.
I'm in Northern Indiana. Electricity is $0.17 per KWHR now and it will be close to $0.20 within 12 months. They will likely do a rate increase in another 2 years again.
My solar system - with more than 12KW of panels, will cost $12-15K. But all of the labor will be mine. I figure it will be a 5-6 year payback and I have gas heat and gas hot water. I'm not entirely disconnecting from the Grid. If I do an electric car (prices are dropping fast), the payback will be even shorter.