FACT: The payback period is far less than you would think. If you are just as interested in saving money as you are about saving the planet, solar panels can help you do just that.
The price of solar has come down considerably and the solar panel efficiency has gone up substantially. In 1977 solar panels cost $77/Watt and today it is as low as $.64/watt. In 40 years, the price of solar panels has dropped 99.2% while energy prices have continued to increase.*
It has been our experience that with the present tax incentives and the lowered cost of panels you should see a payback average between 3-8yrs.
*”Cost of Solar Panels Over Time”, Power World Analysis
