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Tesla shares stories of customers ‘printing money’ with solar power
- jdhn 6y agoIn my opinion, there needs to be more emphasis placed on users who live in states such as Florida where there aren't as many government subsidies for rooftop solar as there are in other states such as New Jersey. This will help change the minds of people who think that rooftop solar is only viable due to massive government subsidies.
- SigmundA 6y agoTesla consistently annoys me with the "Musk Math" hyperbole. Solar is a simple ROI calculation, you are not "printing money" until you payback your initial investment, your basically making a lump sum payment for electricity and the longer the system last the less you're paying per kwh in that lump sum. Edit: SREC credits do make a lot of difference wow, unfortunately my state (FL) does not have them. Solar systems do not last forever and can break, my dads SMA inverter just went out after 5 years and he is having trouble getting a warranty replacement as his original installer is out of business, meanwhile he's paying a normal electric bill again while its down. Panels lose efficiency over time and need to be cleaned from time to time as well. I will probably be doing solar on my house at some point because it will probably save some money in the long run, but mainly because I want to help reduce carbon emissions right away, plus I like the tech aspect of it. It does however add complexity and equipment that will eventually fail and have to be dealt with and replaced.