I'm not afraid to spend money if it pays for itself in a reasonable amount of time. Looking out 15-20-25yrs, I can see being debt free. . .except energy costs, property taxes, insurance, food, etc. One of my larger expenses is electricity. Now I realize as the kids move out, when I close down the business (not planning on soon but eventually it will happen), the electricity consumption will be reduced. I priced the Tesla shingles. That is a joke. Who are the idiots paying $40-60-80k for solar roof shingles? Whoa! I priced out "packages" for solar systems based on my current annual energy usage. Looks like $18-22k. Or 7-9yr return on investment. Or is it? If this is only replacing the actual energy used then I might have to double the return time. At that point I don't think it is worth it.
For those who have tried this (if there are any): I would ideally put them on my barn roof. Large area. Facing right direction. Doesn't eat up space on our property. Aesthetically .. . Not real pleasing but oh well. Have you eliminated your electric bill? Or have you only reduced it? Is the payback on target with what you calculated before installing? Were you able to maximize any tax credits/incentives? Are there things you would have done differently? Are you happy you did it? Would you do it again? Any unexpected maintenance expenses? Curious on what (if any) feedback I receive here.
For those who have tried this (if there are any): I would ideally put them on my barn roof. Large area. Facing right direction. Doesn't eat up space on our property. Aesthetically .. . Not real pleasing but oh well. Have you eliminated your electric bill? Or have you only reduced it? Is the payback on target with what you calculated before installing? Were you able to maximize any tax credits/incentives? Are there things you would have done differently? Are you happy you did it? Would you do it again? Any unexpected maintenance expenses? Curious on what (if any) feedback I receive here.
