Solar panels being installed today

[liberal N proud]

They are on the roof and by days end we will be the first house in the community with solar.

[PoliticAverse]

1. What's the estimated payback time? n/t

[liberal N proud]

2. We went with lease because of cash flow

[guillaumeb]

3. My daughter is considering solar.

How does the lease work in your area?

[liberal N proud]

6. Flat rate per month for a specific amount of kwh

Pay electric company for anything over that.

Should cut our bill by more than 50%

[cyclonefence]

4. We bought panels about six years ago

and between tax credits etc. from state and feds, and electric bills cut by about a third, and the sale of SRECS, we reached payback a few months ago. We have an array of 14 panels, installed at a cost of $40,000. We paid out of pocket about $25,000.

[Kolesar]

5. You are my hero...eom !!

[liberal N proud]

7. Even at $25k, it would have been difficult

[Woodwizard]

9. How many KW

How many kilowatts is your system? We installed a 9 kw system in 2014 36 panels at 250 watts apiece on my shop roof, it feeds our house too. Added another 1kw ground mount system and have another 3kw of panels I picked up on sale from solar boulevard I still have to install. We are close to 80 percent in energy generation. With the additional 3k should hit 100.

[cyclonefence]

10. I bow before you

We are only 6.75 kW. Well done, especially picking up panels on sale andn installing them yourself.

[mac2766]

11. Had a 10.2 kW system installed just over 3 years ago...

Paid somewhere around 38k for the system, including a 10kW battery. We use slightly more than we generate annually, but not by much. I don't think in terms of ROI. If I reduce the cost by the amount we paid for the battery, we'd be at around 28k. We did get the federal tax deduction when we purchased the system. I can't remember what that was.

I'd do it again and would advise anyone who asks to go for it.