Looks like I just missed the sprint ... DRAT!... and I was responding here originally opening by saying I was wanting to pose the question below if I could stay up a little longer and then... BONK... I fell asleep by the keyboard ... again.
So, has anyone gotten a solar power array for their home? My spouse got the idea that we might do it... however I'm looking for someone other then the salesmen to speak to ask opinions of and so on.
We figure it might be a 2.47 kw system for $6290 + installation or a 2.80 kw system for 9,468 + installation with with an under utilized inverter which allows for future expandability up to 4.29 kw without buying another inverter. The smaller system seems like an easy consideration as wethink it will save about $70-120 a month. At that rate the recovery period including installation should be about 100 months or 8.5 years. Inflation adjusting or modifying for time value is offset by rate increase savings which are assumed to flex with inflation and yield changes. And, of course... this assumes zero maintenance consts for at least the next 8.5 years. Afer that period we experience about $95 a month in savings at the current 2007 kw hour cost.
One of the things that I wonder about is that my Dads' mortgage on his 1st house in 1965 cost $151 a month.... and 40 years today my monthly power bill is about $80-140 a month. So does this mean that 40 years into the future my power bill will approach what I'm paying for my mortgage today? Maybe so, eh? And if so... then a small expenditure for a photovaltaic power system might pay a fair return over 30-40 years IF it is relatively maintenance free for at least 17 years... and the time value of the savings will magnify with compound growth potential IMO.
Anyone considered doing this - or done it yet?