Originally Posted by
jungle
I invite anyone to tell us of their windmill or solar installation. Cost, output, and compare it to the grid. This isn't difficult, it just calls for truth.
I will be happy to buy into the first productive example.
7KW Grid-tied PV System:
180W Panels x39
7KW Inverter
In service Jan 01, 2009.
Bidirectional meter reading at install 50,000
Meter reading today 49873 (-127 Kw usage)
2008 electric bill $1896.85 (8.5-14.5% rate increase in Oct 2008)
System cost out of pocket $28K
30 year loan @ 5% $150/month or $1800 annually
Mortgage interest of $1500 now tax deductible
Electric energy rate frozen for next 30 years
2 roof mounted AC 2.5 ton packaged units approx 15+ years old
40,000 gal pool
- No electric usage bill since Jan 2009
- PV system payment lower than previous electric bill
- PV system interest payment tax deductible
- No rate increase, ever
- 30 Year PV panel warrantee
- All hardware purchased at Costco with 1% cash back bonus
If you can get the financing and live where the sun shines this is a complete no brainer financially....
YMMV
Cheers
George