232 Solar Decision Table by SciFi Thoughts
Here is our solar decision table:
| Aspect | Result | Comment |
| Long term payoff | Yes | 22 years to break even from the initial outlay. See [1] and [2]. |
| Short term payoff | No | $300 mortgage + 120 (avg) per month, $2000 bonus, $40,000 refund after fed. tax credit |
| Improves property value | Yes | 5% (on avg.) return on property value, protects roof |
| Low maintenance | Yes | |
| Expandable | Yes | |
| Immunity from blackouts | Yes* | *Mostly. If the power is out for weeks, then we’ll likely have some partial blackouts at night. |
| Creates value immediately | Yes | Carbon reduction, power backup, |
| Future oriented solution | Yes | |
| A passing fad | No |
[1] $40,000 solar voltaic system cost divided by the remaining electric bill
If I didn’t by a PVE system, the average cost would be $300/month. However, with the PVE system, the new average cost is $150/month. So the system is providing a cost avoidance of $150/month.
Which brings the payoff date to 22 years.
[2] In Texas, my house value will be worth more than 5% due to increased desirability, so this means if I sell my house, the extra value meets or
exceeds the PVE system cost. So if I don’t stay for 22 years, I’ll make back my investment.
About the difference between kilowatts kW and kilowatt hours kWh: https://greenpowerenergy.com/the-kw-and-kwhr-of-your-home-solar-system-explained/
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