More homeowners are turning to solar power

[Hamartia Antidote]

Let's take California as you mentioned. Typical electric bills in California are $135 per month.

Now you know why Solar panels are not widespread. The national average is only $111.

California Electricity Rates

Electricity resources for California residents. See how electricity rates in CA stack up against the rest.

www.electricitylocal.com

The average monthly residential electricity bill in California is $88.

Massachusetts Electricity Rates

Electricity resources for Massachusetts residents. See how electricity rates in MA stack up against the rest.

www.electricitylocal.com

It's $94 in my state with 627 kWh/month.

 

[FairAndUnbiased]

Now you know why Solar panels are not widespread.

No lol, typical solar installation pays for itself. Tesla solar roof is just shit.

Solar Panel Cost In 2024: It May Be Lower Than You Think

It costs about $30,000 to install solar panels. That's a big number, but it can come down significantly with generous incentives from the federal government, as well as from many states.

news.energysage.com

$20k upfront, $135 per month payback, 12 years to recover capital, 13 years of guaranteed profit for a 25 year warranty.

Nice try. Tesla solar roof is horrible and aesthetic only.

 

[Hamartia Antidote]

No lol, typical solar installation pays for itself. Tesla solar roof is just shit.

Solar Panel Cost In 2024: It May Be Lower Than You Think

It costs about $30,000 to install solar panels. That's a big number, but it can come down significantly with generous incentives from the federal government, as well as from many states.

news.energysage.com

$20k upfront, $135 per month payback, 12 years to recover capital, 13 years of guaranteed profit for a 25 year warranty.

Nice try. Tesla solar roof is horrible and aesthetic only.

You are still being incredibly thick about this.

Roof Replacement Costs, Pricing Factors, and Ways To Save Money | Fixr

Is your roof in need of replacement? Read our guide to learn how much it costs to replace an old roof and what you can do to make it more affordable.

www.fixr.com

Average cost of a new roof is $14,000
Average cost of a solar panel roof is $20,470
$10500 for the PowerWall

Total: $44,970

Why are you intentionally skipping the cost of replacing your roof when you know the main selling point of a Tesla solar shingle roof is to have it done when you need a roof replacement.

 

[FairAndUnbiased]

You are still being incredibly thick about this.

Roof Replacement Costs, Pricing Factors, and Ways To Save Money | Fixr

Is your roof in need of replacement? Read our guide to learn how much it costs to replace an old roof and what you can do to make it more affordable.

www.fixr.com

Average cost of a new roof is $14,000
Average cost of a solar panel roof is $20,470

Total: $34,470

Why are you intentionally skipping the cost of replacing your roof when you know the main selling point of a Tesla solar shingle roof is to have it done when you need a roof replacement.

Because roofing lasts 25+ years and any given homeowner is unlikely to need to replace it given average tenancy times in the US.

 

[Hamartia Antidote]

Because roofing lasts 25+ years and any given homeowner is unlikely to need to replace it given average tenancy times in the US.

Well the people who want the nice roofs I guess would be the long term'ers.

How Long Do Homeowners Stay in Their Homes?

If you're about to buy a new home, it might seem a little early to think about how long you'll be living there. But whenever you have a mortgage balance, knowing your timeframe leaves you in a better position to deal with the financial obligations of homeownership.

www.valuepenguin.com

"As of 2018, the median duration of homeownership in the U.S. is 13.3 years"

Certainly if I was only going to live in a house for 13.8 years why would I go solar at all.
I'm currently at 15 years with no reason to move.

 

[FairAndUnbiased]

Well the people who want the nice roofs I guess would be the long term'ers.

How Long Do Homeowners Stay in Their Homes?

If you're about to buy a new home, it might seem a little early to think about how long you'll be living there. But whenever you have a mortgage balance, knowing your timeframe leaves you in a better position to deal with the financial obligations of homeownership.

www.valuepenguin.com

"As of 2018, the median duration of homeownership in the U.S. is 13.3 years"

Certainly if I was only going to live in a house for 13.8 years why would I go solar at all.
I'm currently at 15 years with no reason to move.

from the perspective of a real estate investor, solar not only pays back within 12 years but also increases appraisal value of the property by $4000 per kw. It is a no brainer for me to go solar on my residential property where it provide me with some free money until I sell it and it increases appraisal value, essentially cashing in my investment + the dividends paid in power.

 

[Hamartia Antidote]

from the perspective of a real estate investor, solar not only pays back within 12 years but also increases appraisal value of the property by $4000 per kw. It is a no brainer for me to go solar on my residential property where it provide me with some free money until I sell it and it increases appraisal value, essentially cashing in my investment + the dividends paid in power.

Hey why get a 25 year roof when you can cheap out for a crappy 15 and make even more money. I'm sure you can get a deal at some place like Lumber Liquidators.

 

[FairAndUnbiased]

Hey why get a 25 year roof when you can cheap out for a crappy 15 and make even more money.

15 year roofs could appraise lower but if the appraiser is not a subject matter expert and can't distinguish it wouldn't matter. also doesn't matter for rent. thanks for the tip.

 

[graphican]

I have 6.6K solar panels in my home. My summer bill is under $10 (instead of $110) and winter bill hits $70 (instead of $150). Within a year, I recovered my out of pocket cost. Its no brainner, everyone must have it.

 

[Hamartia Antidote]

15 year roofs could appraise lower but if the appraiser is not a subject matter expert and can't distinguish it wouldn't matter. also doesn't matter for rent. thanks for the tip.

You're welcome. I'm glad we have finally straightened out the situation you are in so people can see this is not an option for people like you. So you can now just leave this thread since as it is simply not applicable to your lifestyle.

Now back to this thread for those of us who aren't like you (yes, shockingly there are people on this planet with a different situation than you) and actually keep their homes in their family for over 50 years and don't want low quality stuff.

 

[Hamartia Antidote]

I have 6.6K solar panels in my home. My summer bill is under $10 (instead of $110) and winter bill hits $70 (instead of $150). Within a year, I recovered my out of pocket cost. Its no brainner, everyone must have it.

Well the ultimate goal of this shingle technology is to get the price down with volume to the point where every new home being built will have it come standard and ubiquitous (just like indoor plumbing). This way not only will you save on your electric bill but will help with the cost of an electric car.

Currently solar panels are not common in new home builds because they are considered an eyesore by many and this decreases a builder's target market.

 

[Titanium100]

they are also doing it slowly in my country as well.. But the homerowners are just tried to pay for EL

 

[Hamartia Antidote]

they are also doing it slowly in my country as well.. But the homerowners are just tried to pay for EL

Denmark has the same issue as the US with a high lattitude

 

[Hamartia Antidote]

 

[Hamartia Antidote]