Anyone had any experience with hanging solar panels in this area? BTU is offering rebates and I was curious if anyone on here has done this. Are you seeing any savings? Where did you buy your panels?
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Use the Sun’s Energy to produce Electricity through Solar Photovoltaic (PV)
Bryan Texas Utilities is excited to announce the Green Plus PV rebate. We strive to be environmentally responsible and have decided to help customers implement solar photovoltaic technology in their homes and businesses. The rebates will be great enough to offset a significant portion of the cost for installing a solar photovoltaic electric system. This program is open to any BTU customer.
The rebate we are offering is highly competitive with other offerings nationwide. The rebate amount of $4.00 per watt will easily cover between 30% and 60% of the cost to install a system. In addition to a Distributed Generation contract this can substantially improve the Return on Investment in the majority of cases.
For a typical residence, the cost of installing a one kilowatt (1,000 watts) solar photovoltaic system—the smallest considered practical—is between $6,000 and $10,000. BTU will rebate up to $4,000 ($4.00 x 1,000 watts)** of that amount. Installation costs can vary and only a BTU authorized installer will be able to perform the work in order to receive the rebate.
The current max rebate amount for PV is 3000 Watts @ $4.00 per AC watts installed rebate will not cover more than 80% of the installation costs.
** rebates are based on system Efficiency
Credit for Excess Solar Power
BTU customers with solar energy systems continue to receive electricity as needed from the BTU electric grid.
BTU will provide "net billing" for customers on solar energy systems. Should a solar energy system produce more power at any given moment than the property consumes, the extra power will flow into the BTU electric gird.
If in any month a solar energy system sends more power into the BTU grid than the homes takes from the grid, the difference or net will result in a credit on the customer's electric bill. The credit will be determined by multiplying the net kilowatt-hours (kWh) of electricity fed into the grid by the current fuel charge. This is not common for small installations but can happen for larger systems.
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Scott, what is the simple payout on PV solar panels? Are you going to be stricly doing PV or also water heating? What is the life of current PV, and is it robust enough to stand up to local occasional hail? Any federal incentive $$$'s or fungible carbon credits for installation?
YuccaD