OK, you get the same questions as Crash.
Who's smarter me who doesn't pay for electricity and uses technology to it fullest or you who doesn't know anything about the technology that makes life easier while paying for electricity?
Rob
Who's Smarter? NOT YOU.....
So, letç—´ figure out what that would take. Because if itç—´ cost efficient, I will do it right now. Luckily for me thereç—´ an organization that has done all the work for me and created a calculator using the latest in technology and current industry costs. Great.
Right now I use an average of 37 kwh per day. That痴 slightly above average in the US (don稚 ask me how my 1800 sq/ft home does that). Now to get half of that, now remember I知 using this calculator, I need about a 4.1 kW array. So how much does that cost? Luckily they have a calculator for that too.
Itç—´ Totally Cost-Effective think about how much money they'll save on storage!
So you're an investment banker huh?
So, the grand total is $32,800 to get rid of half my electric bill. But don稚 worry, there are tax breaks for this, the federal government will give me almost 10,000 dollars so it ends up being 22,960.00 .
Great, so now if I spend $22,960 to save $35 dollars a month I will recoupe my investment in about 60 years. That doesn稚 include stuff breaking, or what happens if we get less than the optimal amount of sun. In reality it痴 probably twice as much....oh and there's that silly thing of REPLACING panels ( Let's leave all those facts out for now - SHALL WE ) Because in 60 year, I would need to spend $22,960, every 20 years or over 60K. .......Ooopsie looks like solar is MORE MONEY than being ON THE GRID.
Sorry solar, until the cost is low enough that the investment can be recouped in a year, maybe two, youæ±*e just not worth it.
Actually, I値l go one step further and say that the government should stop paying people to throw their money away on a technology that isn稚 ready. I知 all for more efficient panels and more research but right now it痴 just burning money on a technology which probably is way worse for the environment to make than just burning the coal for the electricity.
Prove me wrong and I will love you. Until then, sorry solar, you suck.
OH and your welcome for spending...eerrrr I mean WASTING my tax dollars on your house.