Can a PV system actually pay for itself?
Yes, a PV system can not only pay for itself through the energy cost savings, but if you finance the system with a home equity line, in many cases it can generate immediate positive cash flow. That is, your monthly energy cost savings can be greater than your monthly loan amount from day one. Current government-sponsored rebates and tax credits can pay for 40-50% of your installed system cost. When this is combined with Time of Use (TOU) metering, PV systems are extremely attractive from a financial standpoint.
