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solar in the Denver area
I don't think you've done any math on this. The economics of wind turbines + battery storage just doesnt work well for many people.
At new base rates of 33 cents/kWhr, my solar system (finally) broke even (over 35,000 kWHr of electricity produced). It's a tiny system (less than 2kW) and I've had it for maybe ten years (at a cost of $10k after rebates and credits). Yes, I realize, lots of hand waving on my end, but bear in mind it was shaving off Tier 2 and Tier 3 marginal rates (which are $.39 and $.49 per kWHr in the latest schedules). It'll be putting over $800 a year in my pocket... at least until the inverter breaks.
eman, congrats on your new system. Let us know how it goes once the install is complete. You're paying less than half of what I did (and getting a PowerWall to boot).
Been thinking under what scenario we would need more than 1 PW.
Eman says
Been thinking under what scenario we would need more than 1 PW.
when 1 goes out? things can break.
good for off grid where replacement waiting for downtime is painful.
Eman, hopefully you can get in under the wire and qualify for NEM 2.0, as NEM 3.0 reimbursement rates will be a lot lower.
California slashes incentives for new rooftop solar, promotes batteries to shift grid costs
Instead of being credited at the retail rate of electricity, customers will get paid at the “actual avoided cost.” That figure is lower than the retail rate during the daylight hours, when solar energy is abundant and cheap, but it’s higher during the evening hours — when solar production ramps down to practically zero when the sun goes down and California’s electric grid is under the most stress.
The California Solar & Storage Association has estimated the average compensation rate would drop from 30 cents per kilowatt to 8 cents, a reduction of 75 percent.
The government giveth and the government taketh away.
Today it's grandfathered and tomorrow it might change on a whim. The noises are already being made to claw back all the "unfair giveaways to the rich people".
RWSGFY says
The government giveth and the government taketh away.
Today it's grandfathered and tomorrow it might change on a whim. The noises are already being made to claw back all the "unfair giveaways to the rich people".
We all make our bets and live with the consequences. Nothing is guaranteed in this life other than death and taxes.
It’s interesting that not making bets is essentially making bets. This is the difference between people, who are willing to make bets and accepting failures, in the pursuit of their dreams compared to ones who are afraid to make bets, stay with their W2, while keep dreaming of all the could have, would have and should have….
This is why wealthy people don’t stop working while normal people drag themselves out of bed every morning, go to work at a job they don’t care for, or even hate, rather than pursuing their dreams. We...
Eman says
RWSGFY says
The government giveth and the government taketh away.
Today it's grandfathered and tomorrow it might change on a whim. The noises are already being made to claw back all the "unfair giveaways to the rich people".
We all make our bets and live with the consequences. Nothing is guaranteed in this life other than death and taxes.
It’s interesting that not making bets is essentially making bets. This is the difference between people, who are willing to make bets and accepting failures, in the pursuit of their dreams compared to ones who are afraid to make bets, stay with their W2, while keep dreaming of all the could have, would have and should have….
This is why wealthy people don’t stop working while normal people drag themselves out of bed every morning, go ...
The government giveth 30% tax credit. This is fact. Who assumed the government would take away the NEM 2.0, which would get grandfathered in? Thanks for proving my point and your own point.
As I said above, we all make our bets and live with the consequences. Not making bet is essentially making bet. I thought that was an interesting perspective when it was shared with me, and it seems true based on what I’ve seen.
Have solar on the place we're moving to in Yuma. $100/month over the summer, compared to as much as $400 when I lived in Glendale. Yes, will work out nicely for me.
If your neighbor's house is shading your solar panels, will they be required to chop them down
It’s interesting that not making bets is essentially making bets.
Eman says
It’s interesting that not making bets is essentially making bets.
Making bets in stock market >> making bets in solar panels on one's roof.
In this case, it’s best to negotiate a solar easement with your neighbor.
Trollhole says
In this case, it’s best to negotiate a solar easement with your neighbor.
I have ground and air rights. I can plant anything, any time I want, regardless of what the neighbor thinks. If it hangs over your property line you can cut branches on YOUR property. That's it. Not sure if this is a CA thing or what. It's not legal to demand someone cut down a tree in IL because of solar.
https://cowboystatedaily.com/2023/06/27/baseball-sized-hail-smashing-into-panels-at-150-mph-destroys-scottsbluff-solar-farm/
Baseball-Sized Hail Smashing Into Panels At 150 MPH Destroys Scottsbluff Solar Farm
I view installing solar is like buying an asset be it a house, or an investment. You fix the cost while the cost of electricity keeps going up over time. Then in a decade or less once the cost of solar is paid off, you’d get free electricity for the next couple of decades.
zzyzzx says
https://cowboystatedaily.com/2023/06/27/baseball-sized-hail-smashing-into-panels-at-150-mph-destroys-scottsbluff-solar-farm/
Baseball-Sized Hail Smashing Into Panels At 150 MPH Destroys Scottsbluff Solar Farm
Insured, but a complete waste of resources
Eric Holder says
Eman says
It’s interesting that not making bets is essentially making bets.
Making bets in stock market >> making bets in solar panels on one's roof.
I view installing solar is like buying an asset be it a house, or an investment. You fix the cost while the cost of electricity keeps going up over time. Then in a decade or less once the cost of solar is paid off, you’d get free electricity for the next couple of decades.
It's all feelz. I prefer numbers.
RWSGFY says
It's all feelz. I prefer numbers.
$.333 /kWhr x 356days x 8.36kWhr/day = $1,016 (tax free, BTW)
I should note that $.333/kWhr is a baseline rate. Anything over baseline is $.417/kWhr.
March and October bills include a $38.39 climate credit that all Californians receive. I usually owe PG&E somewhere between $100 to $200 at true up.
Eman says
Eric Holder says
Eman says
It’s interesting that not making bets is essentially making bets.
Making bets in stock market >> making bets in solar panels on one's roof.
I view installing solar is like buying an asset be it a house, or an investment. You fix the cost while the cost of electricity keeps going up over time. Then in a decade or less once the cost of solar is paid off, you’d get free electricity for the next couple of decades.
It's all feelz. I prefer numbers.
Right, but you chose to put feels and solar industry sales pitch canned phrases into your post instead of ##s.
"Investment in the house", "free electricity", "rates will go STRATOSPHERIC" - this the stuff I hear every time a boy with an electric scooter, iPad and some solar company badge shows up canvassing the neighborhood.
If one scavenges a run down battery to use for home storage, are those batteries still efficient even if the capacity isn't so great? Supposed new EV battery is 95% efficient (usable power out is 95% of the power fed in), is a run-down EV battery that only gives 1/2 the driving range still that efficient? If the efficiency is also reduced, then you'll need to expend more money for more solar panel, defeating the cost benefits.
Was just looking at prices for complete home systems with batteries. It's starting to look like giving the big middle finger to electric company is cost effective. If one's house is totally off the grid, will the electric company try to charge you just for heck of it? Also, how much red tape is involved in electrical permits? It's amazing to me that the electric company and California are so badly run that ditching all the economies of scale that a compact neighborhood offers is still better to go it alone.
Maybe you guys see something I don’t.
Great question. Research shows that Tesla battery degrades at around 1% per year and it flattens out after 10-20% so the capacity should still be around 80-90%.
Solar panels are guaranteed to have 92% capacity after 25 years. That’s 8% degradation. They have a system installed to monitor the solar panel efficiency. If any panel degrades more than that, they’ll replace it for free as part of the 25-year warranty.
From the battery size perspective, the Cybertruck is a great deal. Backing out the numbers, the Cybertruck will likely have a 175 kWh battery pack for 500-mile range. This is equivalent to 13 powerwalls while each powerwall sells for $14k.
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I did the math of Tesla solar panels. Cost is $17.4K after tax incentives. It would cover my monthly electricity bill of $230/mo on average. Add in a powerwall will increase the cost by $8k. Without the powerwall, it’s about 15% ROI. What am I missing?