Brianna,
I am not certain where you live, but a cloudier place than LA might not get you as much bang for your buck. Years ago I got a similar quote and was extremely put off--$30k to replace half the load, with a payoff time in 25 years! Prices have come down on the panels themselves, but Eliot makes some great points--all the ancillary equipment does add up. Also, if you go grid-tie, there is some extra costs involves, but for very good reason. Solar panels can't ever turn off unless they are in a very dark situation (nighttime). Even on cloudy days, they still produce surprisingly high voltage. If this is a grid tie system and there is a power outage, linemen need to be able to reliably disconnect your system from the larger grid. Otherwise, the lineman could turn off one of the main breakers (to a neighborhood or
local region, not to your house specifically) and this would normally kill power to the line he has to work on. But if one had solar panels still generating electricity and back-feeding power to the grid, he could get a nasty, potentially fatal jolt of electricity.
On a parallel note, some people wire a
gasoline generator into their house by making a cord with 2 male ends, turning off the main breaker to the house, and plugging the generator into a convenient wall outlet. This is illegal.
Should that homeowner flip the breaker back on while the generator is still running, he could kill a lineman working on a broken line that was dead just a minute ago and suddenly and without warning turned live. The same principle applies to
solar power.
My point being that there is a lot more to solar systems than solar panels, and much of that is still expensive. There is a lot of equipment that is easy to overlook. I think Eliot pointed these issues out very well.
Sorry to be the bearer of bad news,
Eric