View single post by Joe Kelley
 Posted: Fri Jun 20th, 2008 01:05 pm
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Joe Kelley

 

Joined: Mon Nov 21st, 2005
Location: California USA
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http://www.thedailygreen.com/green-homes/eco-friendly/evergreen-solar-panels-460608

According to Evergreen, the carbon footprint of these new panels is up to 50% smaller than those of competitors, and they have a quicker energy payback -- reportedly as fast as 12 months for installed panels. This last point is particularly exciting, since the amount of energy required to make solar panels has long been a bone of contention among critics of the technology.

Back in the late 90s, energy paybacks for solar panels were as high as seven years. Today, they are often reported as "1-5 years."

 

Note the employment of the Pay-Back time frame or Liberty Day.

The cost of the Solar Panel is known.

The production rate is known.

The time when the production rate pays-off the cost of the Solar Panel is Liberty Day and from that day on the Solar Panel produces free power.