Quote:
Originally Posted by red-beard
I am in the Solar Business. We are on the cusp of the systems being a decent payback. If you can install them yourself, including wiring and rack, the payback without a subsidy is around 10 years. With subsidy, 7 years, at $0.09/kWh. In California, they will payback in less than 2 years!!! This is because the price of electricity is outrageous.
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2 years is excellent, and above most expected business returns.
(5 years break-even is what I've heard for the resteraunt business, if they are amoung the lucky 20% which survive that long).
Here in overcast Michigan, 65% of our electricity is from dirty coal.
I'd rather pay Texans.