how long to recover cost of solar panels
Timeframes for fully recovering the costs of solar panels vary, but last at least several years. An average timeframe is fifteen years from the time owners begin using the solar panel system, including installation cost recovery.Smaller or more efficient systems may only take five years to recover, while less efficient systems can take longer. The solar panel lifespan is about 25 to 30 years long.This means that owners can expected to spend roughly half the lifespan of the solar panel recouping the associated costs, and the latter half of the panel's life saving money on it.olar panels can save money, but they can also come with high upfront costs. Purchase and installation can vary from several thousand dollars to $15,000 or even $40,000 for the largest versions.