An analysis of panels per capita vs regional IQ would be an interesting signal. Panels are cash positive in less tan 5 years of their 40 year lifespan. There is hardly a better investment up until you cover your own usage.
That is pretty optimistic. The calculators I've used online estimate my payback at 18 years and my lifetime savings at about $18K, with $32K out of pocket up front for the install. But my roof is 50% through the lifespan and I was told they would not warranty it against leaks due to panel mounts unless I first replaced the roof. That's $25K.
My next house will be my forever home, a little farther south than where I am now in the PNW, and on a big enough piece of land to use ground mount instead of roof mount. But right now, I cannot make the numbers work. I'd love having solar but I am not spending five digits of extra money just for the fun of it.
That is pretty optimistic. The calculators I've used online estimate my payback at 18 years and my lifetime savings at about $18K, with $32K out of pocket up front for the install. But my roof is 50% through the lifespan and I was told they would not warranty it against leaks due to panel mounts unless I first replaced the roof. That's $25K.
My next house will be my forever home, a little farther south than where I am now in the PNW, and on a big enough piece of land to use ground mount instead of roof mount. But right now, I cannot make the numbers work. I'd love having solar but I am not spending five digits of extra money just for the fun of it.