Matt runs the California solar numbers

MATT MAKES SOLAR EZ: PRO TAKE

Could a plug-in solar setup pay for itself in under two years in California? Matt runs the numbers using a two-panel EZ1 system, estimated equipment costs of about $700 and an average electricity rate of roughly $0.34 per kWh.

His example estimates around $370 in annual electricity savings, with a simple payback of under two years. Watch his quick breakdown to see the assumptions behind the math.

Actual production, savings and payback vary with equipment costs, panel placement, shade, weather, local electricity rates and how much solar power you use in your home.