We had a 8,910kw system installed (27 330 watt Panasonic panels and solaredge inverter) in November 2018. Total cost at the time was $28k but after federal and state rebates it ended up being ~$14,000. I had calculated our breakeven point to be about 6 years but with the increase in electric costs, it might be a little less than that.
Our electric bill went down to ~$13 which is just basically a connection fee to stay connected to the grid. Initially we were very happy with it but a few months ago our solar inverter stopped working. It took a while for us to realize it wasnt working because my wife wasnt checking the usage on our bill and we were drawing electricity from our "storage bank".
Once I realized it wasnt working, I called the installer, who then contacted the company (solaredge). They are sending a replacement unit, which will be changed for free...but it's been a month and nothing has been done. The installer is saying that they havent received the replacement unit yet. I suspect that the installer actually has the replacement unit but they're too busy with new installations that they dont want to deal with service work that probably doesnt pay much, if anything. I tried to see if Solaredge would just send me the inverter and I'd have someone install it for me... but they wont.
So.. overall I'm pretty frustrated with converting to solar. I assumed this stuff would give me years of trouble free use but having the inverter fail after 3 years is not cool. After doing some research it turns out that its a pretty common issue... and new inverters cost ~$2k. The inverter has a 7 year warranty but if I have to keep replacing these things every 3-4 years, that's going to really eat into the savings and push my breakeven point way out into the future.