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Is it really worth it if it really takes 10 years to break even (and that's the lifespan as you mentioned)? That's like giving someone a 10 year 0% interest loa
by hayksaakian 12y ago
Is it really worth it if it really takes 10 years to break even (and that's the lifespan as you mentioned)? That's like giving someone a 10 year 0% interest loan.
Maybe you're better off buying a bunch of Tesla stock with that money if you think they'll stick around that long.
- TaylorAlexander 12y agoIf you're only looking at it from a financial perspective, it may not be "worth it" (I haven't done the math). But if you want to pay a little to be able to have reliable power from unreliable sources, then it could be "worth it". It may save you zero dollars over ten years, but during that time you're provided the service from this system.
- 2muchcoffeeman 12y agoBut even if the life time cost for the energy is the same, if you can afford the initial payment, why wouldn't you do it? Especially if there are other advantages to the newer technology?
- IanCal 12y ago> But even if the life time cost for the energy is the same, if you can afford the initial payment, why wouldn't you do it? Especially if there are other advantages to the newer technology? There's an opportunity cost. You'd have to weigh the lost gains you could make elsewhere to the advantages.