Google has introduced Project Sunroof to help people understand their solar options.
Here's an example.
In the example, the up-front cost is $20K.
Go down to the bottom and click "Show detailed estimates." Under "Total 20-year savings" it says the NPV is $23.7K with a 4% discount rate.
Sure, $23.7K > $20K, but with a discount rate that reflected typical stock market returns, wouldn't it be a loss? I thought solar was supposed to have a decent payback. What am I missing?