But he does have a battery backup......
And actually- if you eliminate your electricity bill because you 100% generate your own electricity, and if you eliminate a $100 a month bill- and after rebate it costs 17k to install.... then of course you'll have earned your money back at some point. And since you don't have to worry about energy price spikes, you might make you money back quicker if you take that into account. Saudi Arabia's oil fields rumored to collapse next January? Well, you won't have to worry about that news in regards to your electricity bill.
And if there is a major earthquake- he'll have power. that means refrigerator, music, TV... until the infrastructure is repaired.
you make a no brainer win win choice seem like it has no merit...when that seems to stem from your lack of knowledge on the subject.
And show me a treasury bill that's put $1700 a year back in your pocket off a $17k investment with no tax considerations, or broker fees as well. You couldn't! Most people can't even invest in stocks with that kind of return. (FYI- these numbers pulled from an estimate of a typical california home given as an example)
It's a shame you're holding onto misinformation so tightly, you might get some real eye opening information if you give it a chance.
Originally Posted by e1618978
Without battery backup your system makes even less sense - your hypothetical earthquake would have just as much effect on you as anyone else, because you have no storage facility or way to feed the electricy back to the utility.
It does not matter how long your equipment lasts, you will never earn your money back (it would have been much better to invest the money in treasury bills).