Still waiting for PTO but finally after about 2 months after signing the papers I had 39 panels + 3 powerwalls installed.
Extremely happy with the crew that handled the job. It took them about a day and a half to install everything.
My main goal was to provide backup power in case of an outage and I almost bought a standby gas generator (22kW for about 14K installed), but then I priced out solar + powerwall and it made more sense to me.
Here is the breakdown
52K Total - 30% ITC = 36.4K
~$2700 in SREC/year
~$3300 in energy cost/year
Break even in ~6 years
If I deduct 14K that I was going to spend on the generator than the number is even more appealing
$36.4K - $14K / 6k(yearly saving) = ~3.7 years
Added bonus is that Tesla allows Paypal payment w/o any added fees, so put the whole thing on the rewards credit card that will be paid off when the statement comes.
Now just waiting for the township inspection and for the rain to stop!
Extremely happy with the crew that handled the job. It took them about a day and a half to install everything.
My main goal was to provide backup power in case of an outage and I almost bought a standby gas generator (22kW for about 14K installed), but then I priced out solar + powerwall and it made more sense to me.
Here is the breakdown
52K Total - 30% ITC = 36.4K
~$2700 in SREC/year
~$3300 in energy cost/year
Break even in ~6 years
If I deduct 14K that I was going to spend on the generator than the number is even more appealing
$36.4K - $14K / 6k(yearly saving) = ~3.7 years
Added bonus is that Tesla allows Paypal payment w/o any added fees, so put the whole thing on the rewards credit card that will be paid off when the statement comes.
Now just waiting for the township inspection and for the rain to stop!