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Is Solar an Investment?
Investment Details
| Total cost of the system is $32,253.00 |
| 1/3 of the system price was paid by US and California taxpayers (thank you!)
| $8370 rebate from California Emerging Renewables Buydown |
| $3253 rebate from Federal UPVG Grants. |
| Our costs was just over $20,000 |
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| At current regulated electric power costs, pay back is about 25 years. ($0.13 per
kwh) |
| At current actual power costs, pay back is about 18 years. ($0.19 per kwh) |
| In the future, who knows? We just LOVE it when the sun shines... in Sunnyvale! |
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