24 Oct '14, 9am

PV modules are so cheap that I had to buy some more.

PV modules are so cheap that I had to buy some more.

I have been paying attention to the cost of solar for a long time and now and for the past few years it has made real economic sense to consider solar. I had a custom client who wanted solar, the cost for a 10KW system, installed and after tax credit, added $105 to their mortgage payment. The $105 added payment was mostly deductible interest, so their after tax cost was about $85/month. The projected savings in monthly electric was $140, and of course that cost will increase 3%-4% a year while the cost of solar panels is fixed. Also, as an incentive, we offer to install solar panels on our new custom homes at our cost, we do not add out 16%-18% markup. Solar is going to increase exponentially in years to come, in my opinion. I'm not sure costs can go down at the rate they have, but I believe panels will continue to become more efficient.

Full article: http://www.greenbuildingadvisor.com/blogs/dept/musings/ne...

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