vavet
Well-known member
I'm just starting some research into equipping my home with solar panels. We had a local rep visit us Saturday to give a presentation and estimate.
Our roof size and orientation (nearly due south) give us the opportunity to easily replace 100% of our annual usage (about 15 kWh) with solar power. The panels (31 325w panels at 66x40 inches, each with their own microinverter) would occupy about 1/3 of the back part of our roof and would not be visible from the street. Our energy provider does annual net metering. They don't pay anything for overproduction, but energy we generate would be credited to us on a 1-for-1 basis over the course of a year.
The price is about 50% higher than I expected. That includes the 26% federal income tax credit.
It's not a slam dunk, but it's not a lost cause either. Depending on how you swing the numbers (time value of money, opportunity cost, interest rate, predictions of kWh rate in the future, etc) it might make sense.
All this has prompted me to take a more critical eye at our recent power bills and their billing rates and policies. Unlike some providers, our provider charges less per kWh when you use more power. The threshold is 800 kWh per month. It's a fixed rate for the first 800 kWh, but then the rates drop slightly above that. They break it out by transmission, generation, fuel, monthly basic charge, and then a whole bunch of riders for different things. The categories that have different rates based on use are distribution and generation. There's also different rates for taxes above 2500 kWh, but we're not even close to that. This seems like a disincentive to equip your home with solar, either fully or partially.
I'm going to continue some research, talk to more companies, and continue to play with my spreadsheets to see how it might make sense.
Our roof size and orientation (nearly due south) give us the opportunity to easily replace 100% of our annual usage (about 15 kWh) with solar power. The panels (31 325w panels at 66x40 inches, each with their own microinverter) would occupy about 1/3 of the back part of our roof and would not be visible from the street. Our energy provider does annual net metering. They don't pay anything for overproduction, but energy we generate would be credited to us on a 1-for-1 basis over the course of a year.
The price is about 50% higher than I expected. That includes the 26% federal income tax credit.
It's not a slam dunk, but it's not a lost cause either. Depending on how you swing the numbers (time value of money, opportunity cost, interest rate, predictions of kWh rate in the future, etc) it might make sense.
All this has prompted me to take a more critical eye at our recent power bills and their billing rates and policies. Unlike some providers, our provider charges less per kWh when you use more power. The threshold is 800 kWh per month. It's a fixed rate for the first 800 kWh, but then the rates drop slightly above that. They break it out by transmission, generation, fuel, monthly basic charge, and then a whole bunch of riders for different things. The categories that have different rates based on use are distribution and generation. There's also different rates for taxes above 2500 kWh, but we're not even close to that. This seems like a disincentive to equip your home with solar, either fully or partially.
I'm going to continue some research, talk to more companies, and continue to play with my spreadsheets to see how it might make sense.