babyyodaisamazing98 t1_isa5wxh wrote on October 14, 2022 at 12:45 PM

I looked into solar this year and to get a 6kW system for my house was nearly $35,000 without financing. Payoff time was 29 years with only a 20 year warranty. We still have a long way to go. If price drops another 90% then we’ll probably see some real adoption.

del0niks t1_isabcnb wrote on October 14, 2022 at 1:28 PM

That's insane. I got 4.8 kW for £4900 (~$5500) in the UK this summer. It was less than a day's work for the installation team to put up on the house roof. Where does the extra ~$28,000 go? Import taxes? Massive profits?

Prices are even lower in Australia and obviously the amount of electricity produced per kW higher than in the UK so even more of an incentive to install.

babyyodaisamazing98 t1_isarsxn wrote on October 14, 2022 at 3:21 PM

Wow if I could get it at that price I would have done it immediately. That would be like a 4 year payoff for me, no brainer.

del0niks t1_iscexl1 wrote on October 14, 2022 at 9:59 PM

Yeah, I really don't understand it. The wholesale price of the kit itself makes up roughly a little over half here, there isn't so much labour involved in putting it up (not much more than half a day for 4 guys) so I don't understand how it could be so expensive. Utility PV prices in the US don't seem to be unusually high.