>> It took me 8 years to recoup what I'd spent to buy them on mine
>> - a relatviely modest setup when the costs and the payments were high. I don't
>> know how long that might be now.
>>
It’s probably not changed much…the cost of the panels/invertors etc is now much lower, and the panels themselves have higher outputs. On a commercial scale, the cost per KWH of the panels is around a 10th of what it was in 2010 and half what it was in 2015, though they’re only part of the cost. Grid connection, mounting structures and installation haven’t followed the same trajectory. Even so, in 2015 a 5MW ground mount solar site would have cost you around £1m a MW. Today it’s under £650k. I looked at a commercial install last month (300KwH) that has a projected 7 year payback with a conservative assumption on energy price inflation.
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