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miniibeast t1_iw2s909 wrote

Reply to comment by WAKEZER0 in Rooftop Solar Is Becoming More Accessible to People with Lower Incomes, But Not Fast Enough - Inside Climate News by darth_nadoma

Mine does. In 5-7 years ill essentially make my money back, but that doesnt factor in the increase in electricity prices that happen all the time. So realistically it'll be less time.

My monthly payment is literally the same as i normally would be paying on my electricity if not less in some months.

So less or equal in the short term and severely less in the long term.

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WAKEZER0 t1_iw2sczn wrote

What state are you in? Maybe I've never lived in a place with good incentives.

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ActonofMAM t1_iw3ov8j wrote

There have been years and years of incremental improvements in solar cells, batteries, etc. which have gotten very little press.

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WAKEZER0 t1_iw3sapc wrote

The technology can keep getting better, but it doesn't matter for home owners unless the price also drops significantly.

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miniibeast t1_iw58w33 wrote

SC. 23% state incentive on top of 30% federal. Plus, the energy company here doesn't just eat the extra energy you produce. They'll give you back what you made extra in the whole year in one rebate check.

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SNRatio t1_iw5fvmc wrote

It pencils out if you had a large bill to start with. If your bill is small, it is hard to make back the principal by selling electricity back to the utility.

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