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Message   August Abolins    Mark Hofmann   Midterms   August 17, 2022
 8:19 AM *  

Hello Mark Hofmann!

** On Monday 15.08.22 - 16:00, Mark Hofmann wrote to Rob McCart:

 RM>> My sister covered her garage roof with solar panels that
 RM>> feed back into the grid to save them a small percentage
 RM>> of their power costs. The panels cost them $80,000, make
 RM>> about half the power they were estimated..

 MH> I just did a quick calculation.  If you average bill is
 MH> $350/month and even if the $80k provided enough power
 MH> where your home would cost zero to run (highly unlikely),
 MH> it would take 19 years to recoup the costs.

Plus.. to be totally off-grid, you'd probably want to add  
batteries.  Those would need to be replaced every 5 years or  
so.

I envy people who can live off-grid. But the cost of entry  
seems high.

However, if it adds value to a property, then one might recoup  
some resonable cost and achieve gains when one is ready to sell  
and move into a retirement home or something.

--
  ../|ug

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