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I wasn’t under the impression that solar panels actually generate more revenue in their service life than their production and installation costs. Has this chan
by halffaday 4y ago
I wasn’t under the impression that solar panels actually generate more revenue in their service life than their production and installation costs. Has this changed in the last few years?
- kumarvvr 4y agoMost Solar installations have Break even at about 7 - 10 years from date of operation. Useful life of panels, i.e, years required for their output to fall to 80% of full output is in the range of 20-25 years. After the break even period, most of the cash flow is profit.