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Re:Solar is dirt-cheap and about to get even more powerful by post_break on Saturday July 10, 2021 @09:41PM (#27797847)
In the short run sure. But electricity isn't going to get cheaper. Think of it like prepaying your electricity bill for 15 years, and then after that, it's free.
Re:Solar is dirt-cheap and about to get even more powerful by bpodgursky on Saturday July 10, 2021 @10:13PM (#27797981)
Well really, if solar keeps getting cheaper and better, electricity will get cheaper too.

(I don't mean to deter you, I dropped 20k on home solar, but it wasn't really for the economics).

Re:Solar is dirt-cheap and about to get even more powerful by Ekaros on Sunday July 11, 2021 @06:12AM (#27799702)
It's interesting thing to consider really. As solar gets cheaper also the cost of electricity generated when solar power is available gets cheaper. So it might even make sense not to install it yourself, but instead buy it when there is inevitable over production. And price at those times might as well be zero.
Re:Solar is dirt-cheap and about to get even more powerful by minitoar on Saturday July 10, 2021 @10:38PM (#27798088)
Maybe not, given Jevons paradox. Bitcoin is almost a pure manifestation of this.
Re:Solar is dirt-cheap and about to get even more powerful by vkou on Saturday July 10, 2021 @09:47PM (#27797874)
The problem is that if you ever sell, your home's clearing price won't accurately capture the money you put in, and the value of your solar installation.
Re:Solar is dirt-cheap and about to get even more powerful by post_break on Saturday July 10, 2021 @09:59PM (#27797915)
I don't plan on selling, but the fact that my home will have $0 electric bill should help swing the price higher.
Re:Solar is dirt-cheap and about to get even more powerful by vkou on Sunday July 11, 2021 @12:58AM (#27798563)
It should, but it won't swing it up as much as it should, because the market is (currently) irrational.
Re:Solar is dirt-cheap and about to get even more powerful by 6f8986c3 on Saturday July 10, 2021 @09:47PM (#27797872)
Don’t solar panels have a life span of like 20 years?
Re:Solar is dirt-cheap and about to get even more powerful by dv_dt on Saturday July 10, 2021 @09:55PM (#27797897)
Typically they’re warranted to keep supplying something like 80% at the 20 year mark. They’ll actually keep producing a lot longer than that.
Re:Solar is dirt-cheap and about to get even more powerful by dboreham on Sunday July 11, 2021 @07:06AM (#27799912)
They can however fail like any piece of electronics (source: I owned a panel that failed due to cell foil contact separation).
Re:Solar is dirt-cheap and about to get even more powerful by dv_dt on Monday July 12, 2021 @02:02PM (#27813182)
So I assume the panel was replaced under warranty? Was everything pretty much covered, or maybe you had to pay for some installer labor?
Re:Solar is dirt-cheap and about to get even more powerful by 6f8986c3 on Saturday July 10, 2021 @11:49PM (#27798327)
I did not know that. Thanks!
Re:Solar is dirt-cheap and about to get even more powerful by post_break on Saturday July 10, 2021 @09:58PM (#27797911)
The panels I will be installing guarantee 90% output after 25 years.
Re:Solar is dirt-cheap and about to get even more powerful by pfdietz on Sunday July 11, 2021 @12:48PM (#27802435)
Europe's oldest grid-connected PV system is 35 years old, and still running. Inverters had to be replaced 5 times though.

https://www.pv-magazine.com/2021/07/02/exploring-the-depths-...

Re:Solar is dirt-cheap and about to get even more powerful by clncy on Saturday July 10, 2021 @10:24PM (#27798038)
The life span of the inverter also needs to be considered