NetZeroMax.com

Sustainable Design for the 21st Century

DOES GOING SOLAR MAKE CENTS?

by Brent Sauser

cost of solar 01

LET’S DO THE MATH

1.    Average home uses 1,000 kWh of energy a month, or 33.33 kWh per day.

2.    Local Utility energy costs $0.11 per kWh.

Local utility energy costs over 20 years: 

$0.11 per/kWh X 1,000 kWh per/mo X 12 mo X 20 years = $26,400

6 kW solar panel installation cost over 20 years:

24 panel installation at $12,000 (after tax credit) = $12,000

VARIABLES:solar house 02

1.    Utility Power:  Rising Utility Costs

2     Solar Installation:  25 Year Warranty

Seems to me going solar not only makes sense . . . . it makes dollars and cents!  Time to take advantage of the 30% tax credit before that “carrot” becomes the “stick”.  I much rather put money back in my pocket than pay a monthly consumption tax and higher energy costs.  How about you?ROI Photo 1

Category: Editorial
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