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To: unixfox

“Just go solar”

My daughter and fiancé bought a house in Concord, CA with solar on the flat roof. She is always bragging about her $12 electric bill and almost no gas usage (just a heat pump).


28 posted on 02/16/2023 8:01:44 AM PST by ProtectOurFreedom (Once you get people to believe that a plural pronoun is singular, they'll believe anything - nicollo)
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To: ProtectOurFreedom

Huh. One of my neighbors, no doubt.

I have ~1700sq ft and my average electrical was $97 in 2022.

So, at $12/mo her rooftop solar farm is paying itself off at about $85 a month via the PG&E bill. What’s not being accounted for, here, is the portion of the monthly mortgage — principal and interest — that represents the installation cost of that solar energy system. That cost was integrated into the purchase price, so she’s ended up trading a larger monthly electric bill for a larger mortgage.

The money is still going bye-bye every 30 days.


81 posted on 02/16/2023 1:38:35 PM PST by HKMk23 (https://youtu.be/LTseTg48568)
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