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Solar cell prices plunge to all-time low
(www.pv-magazine.com)
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this post was submitted on 06 Nov 2023
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…And I missed the last question.
I don’t have them on my home because my HOA disallows them. I did, however, initiate and helped manage installation of systems on 3 separate family members’ homes and since I had already done the research and the financial benefit worked out for each of them. One was 6 years ago, one was 3 years ago, and one was 2 years ago and none of them have any complaints.
The 6 yr old system is almost paid off and has already reached its pay-off value since electricity prices keep rising… meaning, they haven’t paid off the system, but would have spent more in electricity in the 6 years they have had it if they would not have installed it.
I am currently in the process of moving out of a neighborhood with an HOA and plan on installing a system as soon as I get into my new home.
Thanks for the info! this makes me feel a bit better about swallowing the fat price point if the numbers work out. I'm hoping maaaaybe i can DIY some of it too as I've done decent amount of electrical work but i think hooking solar up to my home and having a standby battery and all that stuff may be out of my ability. Also, hearing about your HOA makes me so angry. We only recently got our HOA to overturn the same dumb rule in my neighborhood. So annoying...