Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How long will it take to recoup my initial investment from a Solar PV system?

0
Posted

How long will it take to recoup my initial investment from a Solar PV system?

0

Return on Investment (ROI) will depend on many factors such as how much you currently pay for electricity, system production for your location, initial system cost and size, and how much federal and state incentives/rebates you qualify for. A system that is oriented correctly and receives adequate full hour hours per day and qualifies for both the federal and state incentives will have an approximate ROI between 6 and 8 years. The ROI, system cost, and incentives are spelled out for you within our detailed preliminary feasibility report.

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123