Solar Power System Payback Period
For a net investment of less than $8,000 *, 50% of a typical home’s electricity needs can be provided by solar energy **.
While producing your own clean power, a payback period of less than 12 years is possible (25-year PV life, inverter replacement at 15 years, annual rate increase of 5% per year, and
$0.104/KWh in 2007). * Assumes roof-mounted panels ** Typical U.S. home uses 11,000 KWh/year
GeoInnovation will help you negotiate the maze of available grants, tax credits and rebates to further reduce your payback period, which means you can sit back and enjoy free, clean energy for your home or business quicker than you thought possible!
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