Residential Solar Panel Calculator

[KeithE]

For me it would cost $23,448, raise the value of my house $23,448 (an assumption no doubt), save me $1400 /year in electrical bills and have a payback period of 16.8 years if my home equity did not go up at all. There are also grid buy back possibilities. I’m tempted and I live in a low sun hours area.



But alas it is not allowed in our covenants and restrictions. I’ll think I try and change that.

[William Thornton]

When we built our house 10yrs ago, I looked onto solar but the cost/return wasn't close. Even now it doesn't make financial sense. My average electric bill is only $130/mo or so. I would look into solar just for hot water if it made sense and I could do it myself.

The route to non-carbon is economic, preferably the non-artificial one, i.e., not the algore get rich scheme of carbon credits.

BTW, I burn lots of wood, run 3 gas powered mowers, a chainsaw, blower, and weed eater, gas grill, and two cars...allowing me to and leave a really nice carbon footprint.