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Reply to "DH pushing for solar panels"
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[quote=Anonymous]I thought about putting solar panels on my house back in 2018. It was going to cost me about $33K after tax credits. My electricity bill averages about $125/month, but I just couldn't make the numbers work and my roof was about 10 years old. It wasn't even close. My breakeven point was about 18 years making various assumptions. I decided to invest the money into the market instead. Bought several stocks including TSLA. Boy am I glad I took that route. My investments quintupled before I sold them and now I can superfund my daughter's college fund and apply the rest toward our next home. Much better than saving $125 a month in an electricity bill. I understand these returns are most likely not the norm and solar can make sense in various situations. Now it turns out we are moving to the Lake Tahoe area this summer so another reason I'm glad I didn't put solar on the house. [/quote]
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