What’s the payback period on solar panels?
Most solar power systems have a 25-year warranty, and the value of energy produced by the system will exceed the cost paid to go solar on your home before 25 years. The exact timeframe depends on several factors including your utility’s electricity costs & net metering policies, available rebates and tax credits, and whether you add energy storage with a battery.
The financial numbers are even more compelling if you compare annual fuel costs paid to fill up an automobile with gasoline versus recharging an EV with solar energy.