I was a bit behind on updating my utilities spreadsheet with April numbers, but that made for a very good day today. Why? Because I just realized that we may Officially Be Better Off With Solar(tm) NEXT MONTH! Four years and nine months*, not bad. That’s one month earlier than I had anticipated, and to give credit where credit is due (ahem), I must thank our utility company for increasing everyone’s rates to make this possible. 😉
*This isn’t the break-even point, the point where total costs equal total savings. That will probably be at year eight or nine, depending on when our utility company is allowed to raise rates again. Instead, this compares the amount we have investing the savings (highly recommended if you get solar!) to the amount we would have had investing the cost of the solar system and deducting the full utility bill each month.