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Anybody looked into installing solar panels on their home? [View All]

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NewJeffCT Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-08-08 10:00 AM
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Anybody looked into installing solar panels on their home?
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I was interested and took a quick look, but saw prices that were around $35,000 to $40,000!!!

I was hoping for something that would cut power consumption on our home by maybe 40-50%... more if possible, but living in CT might not make it that practical to go 100% solar.

But, spending $40K seems way too expensive to me to justify the savings - we spend maybe a little over $100/month on electricity now through our state utility. so, a 50% savings would be repaid in 66+ years and a 100% savings would still be 33 years to repay. Granted, electrical costs will be going up, but even if you halve the time, it's still a long ways to go to repay the investment.

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