Quote:
Originally Posted by HemiEd
Well that was very interesting and exhausting I must say. Just a little over $50k, with an extremely knowledgable and helpful couple of guys from a company that has been in business since 2015 in our area with a significant number of installations.
It's quite a head scratcher at our age, as even without financing (don't want) we are looking at roughly a 20 year pay back, as we would not be using any of the federal tax credits (retired). I don't plan on living that long and so far we have not uncovered any local or regional incentives.
Also, the footprint of the panels is about double the size I had envisioned, as is the price. I was wanting a ground installation instead of roof.
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Gotcha. I hadn't thought about the age/income component of it, but you're absolutely right that the ROI may be pretty questionable in your situation. No harm in looking into it and walking away, though!