How long is the payback time for going solar? - Goldin Solar, LLC

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The payback time for going solar is dependent on a variety of factors, including the price of your system, how it was purchased, and the system’s performance.

We seek to design our systems so a cash-purchased system will pay itself back in energy savings after around 7 years. A financed system will pay itself back on day one since the monthly loan payment is equal to or lower than the electric bill it is replacing. Learn more about payback time and other economic factors in the Complete Guide to Solar Economics in Florida.

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