Quote:
Originally Posted by ah-kay
$64k solar system? run.
You will never recoup your money at $64k. CA average system is 20k. Net cost is about 15 to 16k after tax credit. You can recoup your investment in 7 to 8 years. The average kw used per household is about 30kw per day so you don't need a big system. Also netmeeting is a gimmick, subject to change at their wimp. Most utilities companies need you to pay a solar connection charge. So this is a recurring costs no matter what. I installed a hybrid system with batteries and it produces what I consume, nothing more.
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The recoup will be different here. Our utilities cost are quite a bit different here. My electric costs are double yours. I avg about 60kWh a day. The set up they are offering is 46 panels. Currently, at $.13 a kWh, I am paying an avg of $238 a month. The solar will be $213 a month assuming I get the will26% credit to apply against the loan. At that price, I am already coming out ahead. The question for me is if the cost of electric will remain this high or if they will drop back down once the economy gets back on track. If the electric drops back to the $.09 a kWh I was paying then the system will not pay off.
The contract here allows me to use any utility company I choose, some of which have no minimum usage requirement.
When I looked into the battery systems, the batters came with a short warranty and high replacement cost. Factoring in what I need to run this house, the cost of a battery system was way more than straight solar.