• DJ

    Wow: $4,500 for a system that produces 1,500 Kwh per year (offsetting about about $125 in electricity costs at 12 cents per Kwh). The video claims that with Fed and State incentives, it will pay for itself in 24-36 months, but I don’t see how they got there. The federal 30% maximum tax credit, coupled with a typical 20% state tax credit, still leaves out-of-pocket cost of $2,250, which at the generation level the video suggests would take 18 years to pay for itself. Even at the higher 2,000 Kwh/year mentioned in the text, that’s still a 13-year payoff.

    Am I missing something? Because with a 24-36 month payoff, I’d buy one tomorrow!

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