Do you have a dumb question that you're kind of embarrassed to ask in the main thread? Is there something you're just not sure about?
This is your opportunity to ask questions. No question too simple or too silly.
Culture war topics are accepted, and proposals for a better intro post are appreciated.

Jump in the discussion.
No email address required.
Notes -
Is rooftop solar a good investment if you're a homeowner? Thinking about an install after getting a house.
Earlier this year for my house, I estimated it at about $24k to install and then $3k/yr effective revenue. You break even at 8 years and then by the end of the life (we’ll call it 24 years for nice numbers), you’ve made 3x returns. That’s about a 4.7% interest rate, which is higher than high yield savings account equivalent, but less than you would expect from the market (though it’s untaxed since it’s avoided spending).
Some things that will make your model different:
I decided not to do it, and it wasn’t particularly close. That rate of return is only ok and I would much rather have the liquidity. I also have a low appetite for hassle, and my experience is to count on significant home renovations to always be a hassle in one way or another. If you’re in a place with favorable weather, mostly electric utilities, expect energy prices to go up, and like the idea of self sufficiency seems like a good deal then. Panel prices will probably continue to drop but installation labor costs will probably rise. I would expect overall price to go down in the future but maybe not a lot.
Can you break it down. Where I live this is the cost of 130Kw solar powerplant. Give or take.
I saw that a typical residential installation is on the order of 10kW of panels and costs about $3/W installed, for $30k. I subtracted a little for some incentives and assumed something a little smaller than average, arriving at $24k. A quick google suggests $3/W is a typical residential installation cost. If you say 130kW plant costs $24k that’s $0.18/W, more than an order of magnitude cheaper. Maybe you’re somewhere muuuch cheaper, or maybe rooftop solar is just really expensive/inefficient compared to just putting them in a field.
I am not in the USA. But I assume that the costs of panels is comparable. So 30kw of panels here are 5500 eur (I could probably shave 500 if I actually bother to search, this is just first google list price). Probably put additional thousand for inverter/wiring. For 10Kw the bom is probably 3k euro?
So the bom is quite modest. And I am sure in USA won't be much more expensive. So I am just wondering where the rest of the money goes.
The US (also Canada) has really large tariffs on Chinese panels -- I haven't looked lately, but I think they would cost quite a bit more than 5500 EU here.
More options
Context Copy link
More options
Context Copy link
More options
Context Copy link
More options
Context Copy link
More options
Context Copy link
More options
Context Copy link