PSA: My neighbor was right about solar panels after all

I spent 3 years telling everyone solar in Atlanta was a rip off cause the payback takes too long. Then my neighbor Mike showed me his electric bills from August - he paid $12 while I paid $280. He said I was looking at it wrong, treating it like an investment instead of a hedge against rising rates. I finally crunched the numbers with Georgia Power's new rate hikes and he was right - my break even dropped from 12 years to 7. Has anyone else changed their mind after someone called them out on their math?

2 comments

2 Comments

loganm5215d ago

Wait wait wait $12?? For real?? I gotta see that bill to believe it cause my jaw just hit the floor. I'm up in north Georgia and my summer bills are like $200+ easy even with me keeping the AC at 78. That kind of drop makes me wonder if I've been doing my math all wrong too.

the_jordan15d ago

Right? It's WILD how different the numbers are. @loganm52 I think you might be onto something because it's not just the AC, it's EVERYTHING else you're running. Like, I started noticing my dryer and my old fridge were just sucking power all day, even when they weren't doing much. Once I got a newer fridge and started line drying my clothes, my bill dropped a lot. It really makes you think how every little thing adds up and you don't even realize it until you see a $12 bill.