r/solar • u/Every_Television_290 • 17h ago
Solar Quote Not sure solar is worth it (quote)
This system is going to cost me $33k. About $205 in savings per month. Over 30 years of this system we would save ourselves $73,800. But 30 years is a long time! $33k invested in an index fund at 7% for 30 years is $251k. Am I missing something? I suppose energy rates could go up a bunch and this is kind of like pre-paying your energy bill. How would I model that if I wanted to compare the costs and opportunity cost of this money.
Thanks for any help. Sorry if I left out something important. Quite new to solar.
