#34 -
Renewable Energy > RE General Discussion > Re: How fast is your solar investment returns?
I totally agree with you Aaron, that return on investment is very much a personal mindset. I have invested a few thousand on an alternative energy system, and expect no payback, dollar wise, on this in my lifetime, but have daily rewards in terms of peace of mind, freedom, and independence from the utility grid. Many times, the local utility has gone down, and my lights didn't even flicker. I am the only one in my community that has gone off grid with alternative energy and I get many "dropped jaw" responses when I say that I make my own electricity. So, the payback is not in monetary terms......it's in personal terms. I grin a lot. :-), but don't gloat.
I hear many personal stories here, and it is very much tailored to ones own personal needs. This forum is so interesting that way......we get a glimpse of other people's experiences. From people that brag about being off grid for decades and wondering why everyone can't do it as well to those that have a starter system and look for ways to expand it. This is very much dependent on climate, area, wind, and solar exposure. My grandmother lived in a sod house in northern minnesota, with no alternative energy except wood heat, with temperatures around -30 to -40 degrees F in the winter months, and died at age 36 from pneumonia after giving birth to 6 children. Some are blessed by living in a warmer climate where they can actually live without other fuel sources, but fortunately, grandmother's children were farmed out to families that had the evil utility power and fuel oil heat that allowed them to survive and produce me. :-) We now have other heating/cooling sources like Geothermal, and have a better handle on alternative energy sources like wind and solar.
I applaud everyone's positive experience with this technology and never regret my investment in it. I wish good fortune to all. Jon C.