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Tesla consistently annoys me with the "Musk Math" hyperbole. Solar is a simple ROI calculation, you are not "printing money" until you payback your initial inve
by SigmundA 6y ago
Tesla 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.