Do solar products really pay off?
- With the incentives from the FIT program, the solar panel systems pay for themselves in about 6-8 years, depending on the system cost.
- With the microFIT program you can make a 9% - 15% return on investment.
- Solar water heaters and pool heaters generally pay for themselves very quickly. Solar pool heaters cost nearly the same to install as natural gas systems, but no heating fuel is necessary with solar.
- Solar lights in many cases are cheaper to install than other types of grid powered lights because solar lights do not need to have expensive underground cabling installed.