Is it possible to still have a great payback on a Solar P.V. System without Federal Tax Incentives and Xcel Energy rebates? The answer to that is....."YES"!!!!! At current prices of a standard 5.0kW Solar P.V. System installed on an Asphalt Shingled roof facing south, you can expect to see a payback time of 11 years. Just think about that, 11 years on a system that is warranted for 25 years and has a life expectancy of 50 years. However, rebates and tax incentives are available, so take advantage of these programs while you still can.
A standard system payback is currently at 6 years. What this means is that you get a high quality P.V. System that you can pay off in the next 6 years (rebates and tax incentives apply). Why pay your utility company for the next 6 years when you can pay yourself for the same power production. After 6 years, no payments!!!
If you do not like paying your current electric bill and want to see a fast pay back on your Solar P.V. System, call Solar Supply of Colorado Today!
posted: April 16, 2013 - Solar Supply - Colorado Solar Power - Blog
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