this post was submitted on 18 Aug 2023
40 points (100.0% liked)

Home Improvement

9023 readers
1 users here now

Home Improvement

founded 1 year ago
MODERATORS
nichos@lemmy.world
nieceandtows@lemmy.world
Confound4082@lemmy.ml
nieceandtows@programming.dev
40
How do people afford the upfront cost of solar? (lemmy.world)
submitted 1 year ago by AnotherPerson@lemmy.world to c/homeimprovement@lemmy.world
37 comments fedilink hide all child comments
 

I just got a DIY kit quote for solar and it's ~$18,000. That would mean a contractor installing is at least $25,000 if not more. That's a big chunk of change upfront.

you are viewing a single comment's thread
view the rest of the comments
[–] ilmagico@lemmy.world 2 points 1 year ago

Even having the money, most people that install solar panels, and don't do it just for idealistic reasons (fighting climate change, etc), expect to save more money than they spend in the long run. Well, depends of the specifics of course, but it might take years, even decades to recoup that initial expense. Even if you have the cash, it might not be worth it.