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Why do they say solar is too expensive?
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Posted by marymargaret21 (My Page) on Thu, May 20, 10 at 16:32
| I'm I all wrong here; I may be. Isn't there a federal income tax break that lets you recoup 30% of the cost. We did a great job with passive solar planning so our bills are pretty low, considering. I figure it will cost about 10,000 to put up an array of photovaltaic panels to supply our energy needs. Take 30% off the cost that leaves you with $7000.00 out of pocket. Figure we pay close to $2400 in unility bills a year. Which leaves $4,600 extra to pay on initial costs, which can be made up in a couple of years, not to mention, the ulility company has to pay me for extra solar power.
Also, Mother Earth News says there are two solar panel kits for under $200.00, easy enough for a twelve year old to put together, that work. That have the BBB stamp of approval too.
So is solar really too expensive?? If there were some way to spead the cost out over time without having to pay interest, it would indeed be doable.
What say you?? |
Follow-Up Postings:
RE: Why do they say solar is too expensive?
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It is not that solar power is so expensive. It's the initial costs. To power the average home, the costs runs $15,000 to $30,000. I know most annual electric bills come to over a thousand dollars a year, but people don't see it that way. Even if you sell back your access power to the utility companies, your looking at 15 to 20 years to match the initial costs. And utility companies don't buy the power at the same rate that they charge you.
Personally, I think it is a great idea, but my spouse thinks otherwise. And we agreed that on a major purchase such as this, we must both agree.
By the way, you must not have included the costs of permits for the building of your system as well as labor.
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