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by DoubleGlazing
2875 days ago
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I think that points to a bigger problem with solar and that is that it is a horribly mis-sold concept. Most solar dealers have a one-size-fits-all product that they fit to nearly all homes without much modification.
The homeowner thinks they are buying something that will save them a fortune and eliminate their need for grid power.
In reality they discoverer that solar is persnickety and they will get nowhere near eliminating their grid reliance. And when you do the math you realise that it might take 10+ years to recoup the high cost of installation and by that point your batteries will need to be replaced and your solar panels will have lost some of their efficiency. I know people who have gone fully off-grid in Ireland, but they don't just rely on solar. They supplement with wind turbines and in some case hydro power from streams. |
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Rooftop solar is popular because the payback period is short enough for homeowners - well under 10 years here for a system that is built to last at least 20. Modules built now degrade about 0.25% per year. Solar farms built now are typically financed as 25-30 year projects.
Source: I am a data analyst at a solar engineering firm.