The village of Wind Point has recently installed solar panels, at a cost of $54,000. As a result, the village has saved $160 on last months electric bill. At that rate of savings, we will break even after 28 years, assuming zero inflation. And this "savings" is only possible because We Energies is buying the electricity and then selling it back to the village at half price. Note to would-be entrepreneurs: buying high and selling low is a risky business strategy.
Village Trustee Ann Brodek noted that the village received a grant from Focus on Energy, an organization that "helps install cost-effective energy efficient projects."
Install solar panels to save the world or to feel good about yourself or whatever, but please don't tell me that it is cost-effective.