The potential for solar energy is gigantic. If converting solar radiation into energy was easier and less costly, the world would never have any shortage of power. A 2019 Wilden Living Lab study showed that a solar system that was installed in 2017 still took approximately 15 years to pay back through energy generated and fed into the grid. With rising energy cost and lower production cost of the panels this number is expected to be lower today.
Our research team will share their findings on cost recovery of the solar system installed on the Next Generation Home.