| Re: Oh! 4, Oh! 2, 2 Oh! 2 Oh! |
Subject: Re: Oh! 4, Oh! 2, 2 Oh! 2 Oh! by TommyT-Bone on 2020/4/3 1:38:35 24 or 26% Federal Tax credit till end of 2021 I believe. Still a big expense up front. $60k for the whole system but it powers pond pumps, irrigation pumps plus the home. My average monthly bill is $400. I told Sue it doesn't really matter for me because of my age but her being 6 year younger she might see the benefit down the line. Biggest drawback is the out of pocket. I think it would take 8 years or so to hit break even. After that it would be smooth sailing. Panels have 25 year warranty. 10 year full company warranty. Think we are going to do it. Like I mentioned . I think it is a wash for me. It would also recover some if it ever went for resale. Again, probably not in my lifetime. I'm here for the duration lol I'm getting a good price because work is drying up for the company due yo Covid-19. First quote was $65K A neighbor with lower demands got a separate quote of 50k from a different company. A second company I checked with for us had a less desirable system and quoted me $62,500. |
