Has the OB discussed this before? I did a search but nothing relevant popped up.
I've just started looking into it and was wondering if anybody had any thoughts. Has the technology and pricing come to a point where it is worth considering yet?
I am being quoted anywhere from $1.75 to $2.05 per watt. My consumption has been about 20,000KWh per year for the last several years. My co-op has net metering capabilities and credits the retail rate for any excess that goes to the grid. The solar companies are claiming a 7 year break even at current electricity pricing plus an assumed 2.5% inflation rate on energy prices. 30 year panel warranties, with 25 year installation warranties, 10 years on the batteries ( I plan to have battery backup enough for 3 days with no power and no/limited sun). I'm hoping there might be away to just use a regular gas generator to charge the batteries in case of extended outages?
Anybody have any strong convictions one way or the other on solar being a good idea or not. I'm in Grimes County and sun exposure is not a problem. They claim the financial ROI is 13.5%, if true I've done worse before.
If energy prices hold firm for the next 25 years, I'll pay out between $95K-$100K to the electric company. If you assume any sort of inflation, I'm guessing it could be as high as $125K (maybe more if China attacks our grid ). So for a $35K cash initial outlay plus another $20K or so for batteries and maintenance over the next 25 years, it seems like you'd come out on top. But I'm assuming that's not the whole story, which is why I started the post. What are they not telling me?
I've just started looking into it and was wondering if anybody had any thoughts. Has the technology and pricing come to a point where it is worth considering yet?
I am being quoted anywhere from $1.75 to $2.05 per watt. My consumption has been about 20,000KWh per year for the last several years. My co-op has net metering capabilities and credits the retail rate for any excess that goes to the grid. The solar companies are claiming a 7 year break even at current electricity pricing plus an assumed 2.5% inflation rate on energy prices. 30 year panel warranties, with 25 year installation warranties, 10 years on the batteries ( I plan to have battery backup enough for 3 days with no power and no/limited sun). I'm hoping there might be away to just use a regular gas generator to charge the batteries in case of extended outages?
Anybody have any strong convictions one way or the other on solar being a good idea or not. I'm in Grimes County and sun exposure is not a problem. They claim the financial ROI is 13.5%, if true I've done worse before.
If energy prices hold firm for the next 25 years, I'll pay out between $95K-$100K to the electric company. If you assume any sort of inflation, I'm guessing it could be as high as $125K (maybe more if China attacks our grid ). So for a $35K cash initial outlay plus another $20K or so for batteries and maintenance over the next 25 years, it seems like you'd come out on top. But I'm assuming that's not the whole story, which is why I started the post. What are they not telling me?