| ▲ | benrutter 16 hours ago | |||||||||||||||||||
This is a good question - there are fairly high imposed tariffs on solar in the US[0] but I think the labor is the big part. Over here in the UK, solar installation would cost about $12k dollars, so quite a bit cheaper, but still not below $10k. One thing that isn't super obvious from the article is that a lot of it is talking about industry solar panels rather than rooftop. The overheads of installation etc get a lot smaller if you're installing a whole bunch at once. This isn't to say that installing solar panels on your house is a bad idea - they normally pay for themselves after something like 10 years from memory, so are similar to double glazing. [0] https://www.energy.gov/cmei/systems/overview-trade-and-polic... | ||||||||||||||||||||
| ▲ | rootusrootus 15 hours ago | parent | next [-] | |||||||||||||||||||
> they normally pay for themselves after something like 10 years from memory I would guess this varies by locale, and people usually assume the time value of money to be zero when they make the claim. In much of the US, I think the payback time is more realistically in the 15-20 year range, which means you really only want to install panels when you install a new roof. Otherwise the lifetime of the roof will happen before break even on the panels. | ||||||||||||||||||||
| ▲ | rdtsc 15 hours ago | parent | prev | next [-] | |||||||||||||||||||
> This isn't to say that installing solar panels on your house is a bad idea - they normally pay for themselves after something like 10 years from memory I am with you, this would be better on a town or regional basis instead of on everyone’s roof. Our houses already have wires going to them and I can’t imagine my particular roof or garage is the best place to put panels and batteries. But I understand it’s a political / administrative issue which may well be not solvable easily in many places. | ||||||||||||||||||||
| ▲ | sagarm 16 hours ago | parent | prev [-] | |||||||||||||||||||
Rooftop solar costs 3x more per watt than utility scale. The only reason it would pay off is that you're able to avoid grid maintenance costs built into per-kwh pricing. | ||||||||||||||||||||
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