The Future Has Arrived: Solar Panels Now Pay For Selves in 16 Years, Not 22 Years!
Sign me up! The NY Times reports on big big gains in solar paneling:
The price drops—coupled with recently expanded federal incentives—could shrink the time it takes solar panels to pay for themselves to 16 years, from 22 years, in places with high electricity costs, according to Glenn Harris, chief executive of SunCentric, a solar consulting group. That calculation does not include state rebates, which can sometimes improve the economics considerably.
Hat Tip: Alan Vanneman, blogger and movie critic extraordinaire.