By Peter Niagu, Energy Advisor
Solar is a very big topic these days. And unfortunately, it is not black and white. Meaning, that solar is not a one-size-fits-all proposition. One of the most asked questions is, “will solar save me money on my electric bill?” In short, yes it will. However, you must ask yourself, at what cost, and what is the projected savings in years? Solar payback can be anywhere from less than 10 years to more than 20 years. I have been seeing about a 15–18 year payback the last couple of years.