Bob M
Member
All the above is the reason I bought a large and efficient solar panel system about 3 years ago. It zeroed out my electric bill including charging my old Volt (just swapped for a M3) so I saved $200 per month in gasoline plus $270 /mo in electricity. My payback on the solar system is less that 4 years. I always felt like a victim to both the energy giants, the oil companies and the privately owned utilities. The SMUD long battle to get back Sacramento’s grid system still resulted in 75% lower rates than PG & E for Sacramento people. The final expose on the first gasoline shortages along with the long bedmate relationship of the puc and PGE also pushed me in that direction. I still haven’t figured out what I should do in adding storage when net metering goes away. Electricity rates have now gone up so quickly.