Quote:
Originally Posted by roosterk0031
The reason I don't have Solar or Wind and I've looked at both is the payback isn't good enough to put the money out. I looked last week or so, $12,000(hardware only) of a grid connected solar panels using 6 hours a day will provide about 1/2 of my utility bill (20 year payback). Only way to quickly make Solar or Wind payback better is to double or triple electricty cost.
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The "pay back" or return on investment is an interesting concept that confines our thinking to the money value of things we buy. To see how limiting this Idea is ask youself what is the return on investment of a gas furnes or an electric airconditioner or even an SUV that never leaves the city?