PV Gap

Maxine Said:

ive been thinking about getting solar panels for my home. Is it a good idea i want to hear from you guys who?

We Answered:

We looked into that about 6 yrs ago when we built our home. The cost was astronomical. If I recall, something in the order of $90,000 for our 2200 sq ft ranch to go 80% off-the-grid.

I like the idea of 'going green', but "green" often costs double, or even triple. You won't be "saving money" for at least 30+ years, and that's only if the costs of the panels remains stable. I would hope they would have declined by now, but they haven't moved much in the last 10 years.

I read a report in Scientific American about a year or so ago that suggested the cost to produce panels now is less then $500 per panel. So why the 1000+% markup? Answer: Because it's "green".