SMUD, home builder strike deal for 1487 solar-powered homes. Subsidy per house is $5,955 per home. I wonder what the payback time would be without the subsidy? My guess is this in addition to other subsidies from the State (there is no mention of those). Or what the total cost of each installation is.
My guess is each installation costs $20K before subsidies, and probably $5K to the homeowner after all the subsidies are added, reducing their electricity bill by 80%.
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