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Old 12-30-2010, 09:23 AM  
will76
Making $$$$ w/ ClickCash
 
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Join Date: May 2003
Location: USA
Posts: 18,037
Quote:
Originally Posted by Choker View Post
good guess, I got the solar bug and luckily only wasted a few hundred before I realize that even with the best solar panels it would cost way more than its worth. If a solar panel company tells u it will take 10 years to get your investment back thats at full capacity, so count on 20 years. Now in 20 years the panels so old its only putting out maybe 10% or 20% of what its supposed to.
Depends on which state you are in... The federal government gives you a 30% tax credit. Louisiana has one of the best and gives you an additional 50% tax credit. So here, I can get solar for 80% of the price. How long it takes to get your money back depends on how much you paying for it, and really which state you live in.
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