- Joined
- Nov 13, 2007
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I paid for out for my PV system (didn't do a lease, etc.) and am very happy with it. I own all the carbon credits for my system and have the signed paperwork proving that I do.
Based on our electricity usage and the super high tiered electricity rates in CA, we should break even in about 8 - 10 years... possibly even sooner if electricity prices keep going up. With all the federal and state credits/rebates we received, it actually ends up being a pretty good investment, especially when you factor in the volatility of other investments.
All my calculations, etc. are here: http://www.nifty-stuff.com/solar-panels-energy-part-1.php
Oh, and I'm also very glad to be grid-tied. Batteries are terribly expensive, and I like being able to use the grid to take what I overproduce in the Summer in exchange for what we underproduce in the Winter.
Based on our electricity usage and the super high tiered electricity rates in CA, we should break even in about 8 - 10 years... possibly even sooner if electricity prices keep going up. With all the federal and state credits/rebates we received, it actually ends up being a pretty good investment, especially when you factor in the volatility of other investments.
All my calculations, etc. are here: http://www.nifty-stuff.com/solar-panels-energy-part-1.php
Oh, and I'm also very glad to be grid-tied. Batteries are terribly expensive, and I like being able to use the grid to take what I overproduce in the Summer in exchange for what we underproduce in the Winter.