this post was submitted on 13 Sep 2024
54 points (100.0% liked)

California

1477 readers
100 users here now

Welcome to /c/California, an online haven that brings to life the unrivaled diversity and vibrancy of California! This engaging community offers a virtual exploration of the Golden State, taking you from the stunning Pacific coastline to the rugged Sierra Nevada, and every town, city, and landmark in between. Discover California's world-class wineries, stunning national parks, innovative tech scene, robust agricultural heartland, and culturally diverse metropolises.

Discussions span a wide range of topics—from travel tips and restaurant recommendations to local politics and environmental issues. Whether you're a lifelong resident, a recent transplant, or planning your dream visit, /c/California is your one-stop place to share experiences, ask questions, and celebrate all the things that make California truly unique.

Related Communities:

Nearby Communities:

founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 7 points 3 months ago (1 children)

You normally have to own your home and it takes well over 10 years before you recover the cost of purchasing solar. Home ownership is out of reach for many in California.

[–] karpintero 6 points 3 months ago

True, Net Metering 3.0 made paybacks longer, although if you apply your tax credits to your loan it's still reasonable. Though I'd point out that there's no break even point if you're just paying PG&E. With a solar loan, your payments are locked in vs subject to rate increases and after its paid off, you essentially eliminate your electric bill. I'm just speaking from personal experience though so YMMV.

I agree that housing affordability is difficult in CA and that renters have less options in this regard.