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Originally Posted by msnln
The system recommended costs approximately $40K, but after utility company rebate program, federal and state tax credits, my out of pocket cost will be around $14K. At the current usage and rate, I will recoup my costs after 11.5 years.
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What kind of system ? Is it set of panels and a bank of batteries or a set of panels with a grid tied inverter ?
If it is the latter, another element to add to your consideration equation is whether your state mandates that your utility buy back any excess power you generate in the Summer. That could significantly impact your Return On Investment.
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