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Everyone's situation is different...even at today's pricing levels solar does not seem to work out financially for many.
There's no such thing as "today's pricing levels". Hardware and labor is about $1.50/W(which is absurdly cheap), the extra costs & profit can total anywhere from $.50/W to $5/W more.even at today's pricing levels solar does not seem to work out financially for many.
if you do the math for the installation and then compute the payout versus current costs installing the system make little financial sense for many.There's no such thing as "today's pricing levels". Hardware and labor is about $1.50/W(which is absurdly cheap), the extra costs & profit can total anywhere from $.50/W to $5/W more.
A quality install for $2.50/W would save you money from the start, even if fully financed. That of course depends on your payback rate set by the corrupt FL utility commission, but it should be enough to save you money. If not, get yourself a Powerwall and bring your purchasing from the grid to nearly nothing.if you do the math for the installation and then compute the payout versus current costs installing the system make little financial sense for many.
I live in one of the sunniest places in the US and have over 2k sq feet of roofing and even that large of an installation would not meet the criteria of generating enough power to run my home on a consistent basis, I would still need to purchase power.
the costs would take almost 20 years to see any monetary savings.
the installation would not add any value to my home.
until the cost situation changes solar will not be a viable choice for many.
what a load of crap, I pay .11 per kwh which is a below average rate.A quality install for $2.50/W would save you money from the start, even if fully financed. That of course depends on your payback rate set by the corrupt FL utility commission, but it should be enough to save you money. If not, get yourself a Powerwall and bring your purchasing from the grid to nearly nothing.
But I think you guys might even have net metering. If so you should save a boatload, you just haven't seen a good estimate yet.
The organization funding this effort is a financial company that is owed money by a solar manufacturer for equipment that they financed. There have been news stories about it that should be easy to find.I'm not prone to conspiracy theories but this tariff scheme strikes me as an underhanded way to protect the fossil fuel industries in the US.
That is what is called in the movies "a front."The organization funding this effort is a financial company that is owed money by a solar manufacturer for equipment that they financed. There have been news stories about it that should be easy to find.
I pay .11 as well(or less) with zero state solar subsidy. If you don't want to get solar you don't have to, but you can't alter reality.what a load of crap, I pay .11 per kwh which is a below average rate.
I did the math, 25+year payout, and it does little to increase the value of the home, in fact many consider the panels to be unsightly.I pay .11 as well(or less) with zero state solar subsidy. If you don't want to get solar you don't have to, but you can't alter reality.
At these prices solar is competitive pretty much everywhere. With the 30% ITC credit, Floridians can save tons. It is the sunshine state for God's sake, you could probably save money with zero subsidy.
considering the fact that Trump has backed away from that insipid agreement, energy cost should remain stable for many years to comeThere have been proposals to double the going rate for electricity here; it's just a matter of time before rates rise so while it may be incremental the rates will go up. Buying solar now is a way of fixing costs for the next couple of decades even if there is not much savings at current prices.
Solar City gave me a quote that worked out to .27 per kilowatt hr. That's a long way from .11I pay .11 as well(or less) with zero state solar subsidy. If you don't want to get solar you don't have to, but you can't alter reality.
At these prices solar is competitive pretty much everywhere. With the 30% ITC credit, Floridians can save tons. It is the sunshine state for God's sake, you could probably save money with zero subsidy.
Agreed. Of course that is exactly what it is.I'm not prone to conspiracy theories but this tariff scheme strikes me as an underhanded way to protect the fossil fuel industries in the US.
You are welcome to your calculations. Many people disagree and know that for them a properly designed solar system can pay for itself in 15 years or less. Mine will.I did the math, 25+year payout, and it does little to increase the value of the home, in fact many consider the panels to be unsightly.
it was a no go for me.
Nothing Trump has done or will do will change the reality that the cost of sustainable energy production is falling rapidly and that no one is going to re-open coal mines or start new mines because there are cheaper ways to produce electricity in the US.considering the fact that Trump has backed away from that insipid agreement, energy cost should remain stable for many years to come