You pay upfront for a home solar ‘gas station’, allow it to reach so-called ‘solar payback’ — the point in time at which the money you spent on the solar system = the amount you would have paid to a utility for your electricity, a point typically reached after five to 10 years in the United States, then you’ve got free gas for the lifetime of your solar gas pump which = 10, 15, even 20 years.
To think of this in a slightly different way, buying and installing home solar and pairing it with an electric car is like buying an individual gas pump for your home, paying for gas for as long as it takes to reach ‘payback’ on your installed gas pump, and then getting FREE gas for 10, 15, 20 years!
Considering the average American currently forks over somewhere between $1,200 and $2,000 per year for gasoline, that = A LOT of savings, up to $24,000 to be exact!
Would you pay your gasoline costs forward for five to 10 years, locked in at today’s lower gas prices, so that you could get free gas for up to 20 years thereafter?
You bet you would!
So why not do the same with an electric car + home solar!?