And for these 20,000 euros you can buy a lot of electricity.
Since my system (14.4 kW peak with 10 kWh storage) cost almost exactly 20K€, here are my figures:
- approx. 4,000 kWh self-consumption (equivalent to about €1,200 p.a.)
- approx. 9,000 kWh feed-in (equivalent to about €800 p.a.)
Sum total is therefore €2,000 p.a. or 10% of the purchase cost. Every second fund manager would kill for this return ;)
Now you can nitpick the numbers, but even if it were only €1,500 p.a. and I set aside half of that for possible repairs, it would still be 3.75%. So clearly more than any current loan interest rate.
Apart from that, I am (more) independent from rising electricity prices and could – since we are here in the house building forum – install my photovoltaic south roof significantly less expensively for heat protection (I should actually deduct the saving from the 20K). And then there was also something about the environment :rolleyes: