I had a client call me recently to look into a potential sale of a home I sold him about 8 years ago. Since purchasing the home, he put on solar panels. The cost of these panels was about $45,000. The pitch the salesperson gave him (per my client) when he came to the home  was the savings he would get each month from a greatly reduced electric bill.Here is a breakdown of the pitch:Paid $45,000 (approx)Average electric bill per month (my client has about 2000sqft and a pool) $300 a month. Average electric bill after panels $15 monthSavings $285 a month ($3420 per year at the rates 8 years ago). With assumed inflation of 3% per year the payback time would be about 11 years as the monthly electric bill (as we all assume) will go higher.All sounds great, right? Also, he told my client if yo... 08/13/2026