This is a fantastic initiative. Hopefully all parties subscribe to this.
It’s win win for all involved. Only power companies would be against this.
This is a fantastic initiative. Hopefully all parties subscribe to this.
It’s win win for all involved. Only power companies would be against this.
Have you done the numbers on how long it will take to pay this system off?
Yes, I have it somewhere. I think it was in the order of 10 years but I’d have to find the details to confirm that.
I didn’t do it with the thinking of return on investment however. To me, it is an increase in property value, and a reduction in day-to-day costs which were big factors, and of course reducing my environmental impact.
I actually installed my panels in two stages. The second stage added 60% production, but cost slightly less than the initial 40% did. The costs are even less now. Couple that with input from the government, and the pay-off time would be much less if I installed it today with this policy in effect. Much more appealing to people whose main concern is strictly reducing costs.
I’m also a big fan of residential solar for redundancy and disaster resilience.