House Hunting!

Nice chunk of property Joe!! Up here, there is a government incentive to go solar. That is one of the reasons why Lori and I are moving(not enough room here). Just a short blurb about it....there are several different options you have for solar...you can install(3 or 4 different ways) and sell it ALL back to the local utility provider. Currently the rates at selling back vary from 60 cents to 80 cents per kwh. In our climate this will give you approx 7 years and the system is paid for. After 20 years you are $140k in the black!! Average rooftop install is approx $70k, so add that to $140k and you get $210k in 20 years from an initial $70k investment. 300% return on your money over 20 years!! Sounds like a scam right??? Nope my boss at work did the roofmount system(800 sq ft) of solar panels and it cost him $68500 and a little bit of paperwork. He sells it ALL back to Hydro One(Ontario Hydro) because his consumption price is cheaper(10 cents per kwh). The reason that Hydro buys it back at a high price is cuz it is an incentive for people to install these on their property, and in all reality it is cheaper to do that then spend the billions of $$ on building new power generating stations. Food for thought.Good luck and keep us informed about the house!!