Solar vs Wall Street
How does solar do compared to investing in the stock market? Surprisingly well, it turns out.
Comments (3)
Great Video, love the math.
Thanks for this video. I’ve been going through similar numbers currently in deciding whether to bite the bullet on going solar. The problem I’m running into is that my initial cost for the system is upwards of around 70 grand before credits and my monthly payment would be more than I’m currently paying for electricity and I wouldn’t be zeroing out my usage either 😳. I think I may need to get some additional quotes 😄
That must include battery backup? That's a hefty price tag! I didn't include the cost of my battery backup in this vid, and of course that would change the results quite a bit. A battery backup doesn't earn anything for you, it's more of an insurance policy that you pay for. You might check the cost of a grid-tie system without battery backup and then install your own battery system like I did. I was able to do a 8000W inverter with 23kWh of batteries for $6k, doing the installation myself.