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mopinko

(72,000 posts)
1. do you have solar on your house?
Wed Aug 2, 2023, 07:06 AM
Aug 2023

w the incentives out there, depending on your location, it shd cost u about half the sticker price.
my elec bills were $150-200/mo, cuz i have grow lights and stuff. they’re now $20/mo and right now i’m banking credits for colder months. my investment was roughly $20k.
i dont know any investment w that kind of return,

i’m in the process of putting them on my 2flat, which i converted to a heat pump. i was able to nearly double rents cuz it’s now heated AND cooled, a rare thing in a vintage bldg. (also did improvements. 2nd br, etc.)
the weather has been mild, but i’m pleasantly surprised how low the bills have been so far. tenants keep it comfy, but my june bill was only $75.

Recommendations

0 members have recommended this reply (displayed in chronological order):

do you have solar on your house? mopinko Aug 2023 #1
Unfortunately, I don't own, yet... Think. Again. Aug 2023 #3
First, I am NOT a financial advisor Best_man23 Aug 2023 #2
Thank You! Think. Again. Aug 2023 #4
Buy low and sell high. marble falls Aug 2023 #5
That's the plan, anyway! Think. Again. Aug 2023 #6
also- the market loves volatility. mopinko Aug 2023 #7
My solar panel converters and battery back-up is an Enpkase system. OAITW r.2.0 Aug 2023 #8
Wow, Think. Again. Aug 2023 #9
I think there will be continued growth in this sector. OAITW r.2.0 Aug 2023 #10
Latest Discussions»Culture Forums»Personal Finance and Investing»Any advice on investing i...»Reply #1