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this post was submitted on 31 Aug 2025
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Based on the cost of electricity in Canada, it would likely take over 10 years to pay off a balcony power system: https://solarenergies.ca/balcony-solar-panels-in-canada/
Cool. Solar panels produce near 100% power until they are 30 years old, which is when they drop to about 80% efficiency.
They pay out at about 10% a year and produce something useful. That's a great investment that just keeps going.
I believe in unicorns and solar panels that last over 15 years.
You should let us know about the unicorns, because solar panels are absolutely lasting 30+ years. Tons of data is coming in on 30 yr solar panels right now from geographic diverse locations like Switzerland and Australia. This article is 4 days old and confirms the above:
https://www.zmescience.com/ecology/renewable-energy-ecology/old-solar-panels-still-work/