The average payback time will be between 5 to 10 years. There are many factors that will determine how long it will take for your solar panels to pay back for themselves.
Some of these factors are:
- Cost of the system
- Financial incentives received
- Cost of your electricity
- Electricity usage
- Weather/climate
However, there are additional benefits to rooftop solar. The value of your home will increase along with environmental benefits.