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Old 04-01-2022, 01:30 PM   #1
zimmy
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Location: Bethany CT
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When I was a kid in the late 70’s early 80’s in Quincy my parents put solar hot water panels in the roof. Lots of money incentives made the price low.

That worked very well. 80 gal tank in the basement. Even worked in the winter. No hazmat spent photo panels at end of life.

Saved us some oil for sure.
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We put 18k out of pocket for a 11.1kw solar system. Based on the life of the system, we should have about 18 years of free electricity after that. Not everyone can do the straight purchase, but there are reasonable ways to finance. The hazmat spent panels will happen someday though.

No, no, no. we’re 30… 30, three zero.
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Old 04-01-2022, 01:47 PM   #2
beamie
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We put 18k out of pocket for a 11.1kw solar system. Based on the life of the system, we should have about 18 years of free electricity after that. Not everyone can do the straight purchase, but there are reasonable ways to finance. The hazmat spent panels will happen someday though.
.

I think the fact that you did this is great.

But I am more a realist.
18k / 18 years. A grand a year this costs you. What is you normal juice bill 150 a month. 1800 a year? So you save 800/ yr.

That’s not a head turner.
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Jon, 24' Nauset-Green Topsides, Beamie, North River. Channel 68/69. MSBA, NIBA
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Old 04-01-2022, 06:12 PM   #3
zimmy
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.

I think the fact that you did this is great.

But I am more a realist.
18k / 18 years. A grand a year this costs you. What is you normal juice bill 150 a month. 1800 a year? So you save 800/ yr.

That’s not a head turner.
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Our bill was 190-220 a month. Also, you have to add in the difference from inflation and other ways the electric company will stick it to people for those 18 years. Plus that money can be on the market or other investments. Not chump change in any way. Your math wasn't exactly right. Break even in 7 years. They last 25 years. At saving $200 a month after break even is $2400 a year or about about 43K saved in energy bills over 18 years. Reality is probably closer to 60k with inflation.
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Last edited by zimmy; 04-01-2022 at 09:25 PM..

No, no, no. we’re 30… 30, three zero.
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