How cost effective are solar panels long term? Installation and maintenance compared to Power savings?
In reply to Leonardo David:
"The payback period is in the range of 4-8 years"
I would be careful with that Statement- it depends on lots of factors to find that aggressive of a payback. The last time I looked for my particular residence payback was still 12-15 years.
Factors- Cost of Utility Power, Local Incentives, Federal Incentives, Cost of Labor in your area.
Key Account Manager
Philips Lighting North America
In reply to Tom Forshee: