Can you help me calculate if getting solar for my home is worth the investment?
Can you help me calculate if getting solar for my home is worth the investment?
user
It depends on how much money you have to invest, and how much time you want to spend managing the system. Do you want your investment to pay off quickly, or to pay off quickly but continue to pay you an income indefinitely? Do you have experience in this, or would you like me to walk you through it step by step?
assistant
Okay. Do you know the calculation to find out if solar is a good investment?
user
Yes, I think that’s a good place to start.  I can calculate the monthly investment cost (also known as the “capital cost”) and the “cumulative return” over the lifetime of the solar installation.  You’ll need to know some basic numbers for this calculation, such as your home’s approximate square footage, its location, how much you pay for electricity now, and how much you spend on maintenance and labor when you turn on the system.
assistant
Okay great. I think the system cost 20,000 and my energy bill is 150 per month. And I am in southern California.
user