Solar Panel Payback

If you install solar panels at your home, will they pay for themselves? Or not? In other words, is it “worth it” to install solar panels?

This guy installed his panels 12 years ago, and he might break even over 25 years. Or he might not. If he were to do it again today, at 2020 prices, he feels like it would definitely be worth it:

is solar power worth it? an analysis 12 years after installation

This guy talks about ongoing costs of maintenance that influence the payback period:

The Hidden Costs of Solar Power No One Talks About

This guy says his payback period is 7 to 8 years in Australia:

EEVblog #1086 – 5 Year Solar Power Results – Payback?

This guy thinks payback will be about 8 years for his grid tied system:

The ugly truth behind grid-tie solar systems. Part 1, FarmCraft101 solar. Watch before you buy!

This guy thinks also thinks about 8 years:

Solar Panels For Home – 9 Months Later Review

Analysis by professionals, which again comes in around 8 years (but it depends on tax credits and net metering laws):

Are solar panels worth it? Solar panel cost & payback
How to calculate your solar panel payback. Is solar really worth your investment?

Videdia is your video encyclopedia and your place to learn about everything – Visit the Table of Contents to find lots more topics. If you want to learn more about this topic, try these tips:

  1. If you like a particular video, visit the video’s channel. Subscribe to the channel if you want to see new content or to show your support.
  2. Look for related videos. If you pull up the video in YouTube, then YouTube will often recommend related videos.
  3. Search YouTube and Google for more information on the topic.

Come back to Videdia every day to learn new things.