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The Water Cooler
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Solar is a scam
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<blockquote data-quote="-Pjackso" data-source="post: 4342082" data-attributes="member: 8119"><p>About 7 years ago I calculated the ROI of solar payback. </p><p></p><p>If you have a contractor install it + Fed 30% tax credit, it was a 30 year ROI. </p><p>The contractor will promise 7-yr ROI - but their math is stupid optimistic and unrealistic. Even using their own system didn't make the KWH they thought they'd get.</p><p></p><p>If you buy used panels (cheaper) and did the installation yourself + 30% FED credit, then the payback was 5-10 years. And that's if your time is "free". </p><p>DIY - is the only way the numbers work.</p><p></p><p>I didn't do it.</p></blockquote><p></p>
[QUOTE="-Pjackso, post: 4342082, member: 8119"] About 7 years ago I calculated the ROI of solar payback. If you have a contractor install it + Fed 30% tax credit, it was a 30 year ROI. The contractor will promise 7-yr ROI - but their math is stupid optimistic and unrealistic. Even using their own system didn't make the KWH they thought they'd get. If you buy used panels (cheaper) and did the installation yourself + 30% FED credit, then the payback was 5-10 years. And that's if your time is "free". DIY - is the only way the numbers work. I didn't do it. [/QUOTE]
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