http://blog.lendingclub.com/2009/06/27/assumptions-and-the-true-cost-of-going-green/ The Official Lending Club blog Sun, 29 Jan 2012 13:31:47 +0000 hourly 1 http://blog.lendingclub.com/2009/06/27/assumptions-and-the-true-cost-of-going-green/#comment-1410 Bill Schilz Wed, 08 Jul 2009 12:40:07 +0000 http://blog.lendingclub.com/?p=1153#comment-1410 Two years ago I decided to install an electricity generating solar system on my home to offset the increasing costs from PG&E. While the costs of the system installation were right on target, it's becoming readily apparent that the recovery of this expenditure through reduced electric bills will take 3 or more years longer than I had been told. The savings I receive are significant (close to 80% reduction in PG&E bills), but it will probably take 10 years to pay for itself. Two years ago I decided to install an electricity generating solar
system on my home to offset the increasing costs from PG&E.
While the costs of the system installation were right on target,
it's becoming readily apparent that the recovery of this
expenditure through reduced electric bills will take 3 or more
years longer than I had been told. The savings I receive are
significant (close to 80% reduction in PG&E bills), but it will
probably take 10 years to pay for itself.

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