Solar power expected to dominate electricity generation by 2050—even without more ambitious climate policies::In pursuit of the ambitious goal of reaching net-zero emissions, nations worldwide must expand their use of clean energy sources. In the case of solar energy, this change may already be upon us.
Hopefully my decision to drop 40k on solar panels for my house pays off then. 🫠
How much power are you generating?!? Thats crazy expensive! My 6kW system was 12k AUD removing the aubsidies.
How can it not? If you have a $40k system, you will make enough electricity to avoid paying for electricity at all. You will probably even get a small check from the power company every month. Add up the check and the old utility bill and I bet it beats bank interest on 40k by a mile. Not to mention you are probably eligible for some tax incentives.
I like your optimism! I do get $13,000 back in tax credit. My math says that I should get my money back in 10 to 12 years.