Solar PV for 2013 is a "No Brainer" Again.

Due to the 2013 rebates in our Xcel Energy area we are seeing Cashflow Paybacks as low as 2.7 years with an Internal Rate of Return (IRR) as high as 29.8%. This is on a 39.75kW solar electric business/commercial system. Tax rate is based on 35% Federal and 7% State. Should your tax rate be lower then the payback is stretched out a little more. Tax rate of 25% and 5% respectively will yield a Cashflow Payback of 4.4 years and an Internal Rate of Return (IRR) of 22.8%. Not bad on an investment that is probably the safest investment in the world and is guaranteed/warranted for 25 years!  Yes this seems too good to be true...the good news is that it is true and here now.  The bad news is that it is a first come first serve rebate program which will open in Feb to March of 2013.  Also note, Solar electric rebates have historically been dropping in price so you may want to get them now while they last as they might not be available next year.