DoneNOut
Well-Known Member
Is there merit to the solar power home programs or are they just a scam?
If you live in CA everything is a Scam!Is there merit to the solar power home programs or are they just a scam?
That's a hard no!If you live in CA everything is a Scam!
They wanted to see if I would save anything. Sent them my 12 mo power bill. They wanted to have a sit down.It depends on your energy rates. I looked into it and fortunately have a friend in solar. He wasn't local so he reviewed the quote.
Basically, with my energy usage and current rates, the breakeven was about 15 years out. My friend advised I wait. He said at that point in time I would be looking at replacing things, the most expensive part being the converter (or inverter whatever it's called). He also said the panels have a 15-20 year life and panels are getting more efficient. So I would be close to the end of their life at my breakeven point.
Now there is a caveat energy rates may go up. He used 5 or 6% per year, I don't recall.
My buddy lives in California and their breakeven was 4-5 years for the rates in his area so it makes more sense.