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Solar panels being installed today (Original Post) liberal N proud Oct 2017 OP
What's the estimated payback time? n/t PoliticAverse Oct 2017 #1
We went with lease because of cash flow liberal N proud Oct 2017 #2
My daughter is considering solar. guillaumeb Oct 2017 #3
Flat rate per month for a specific amount of kwh liberal N proud Oct 2017 #6
We bought panels about six years ago cyclonefence Oct 2017 #4
You are my hero...eom !! Kolesar Oct 2017 #5
Even at $25k, it would have been difficult liberal N proud Oct 2017 #7
Message auto-removed Name removed Jan 2018 #8
How many KW Woodwizard Jan 2019 #9
I bow before you cyclonefence Jan 2019 #10
Had a 10.2 kW system installed just over 3 years ago... mac2766 Jan 2021 #11
Post removed Post removed Feb 2021 #12

liberal N proud

(60,957 posts)
6. Flat rate per month for a specific amount of kwh
Tue Oct 24, 2017, 12:07 PM
Oct 2017

Pay electric company for anything over that.

Should cut our bill by more than 50%

cyclonefence

(4,873 posts)
4. We bought panels about six years ago
Tue Oct 24, 2017, 11:11 AM
Oct 2017

and between tax credits etc. from state and feds, and electric bills cut by about a third, and the sale of SRECS, we reached payback a few months ago. We have an array of 14 panels, installed at a cost of $40,000. We paid out of pocket about $25,000.

Response to liberal N proud (Reply #7)

Woodwizard

(1,008 posts)
9. How many KW
Sun Jan 27, 2019, 12:35 PM
Jan 2019

How many kilowatts is your system? We installed a 9 kw system in 2014 36 panels at 250 watts apiece on my shop roof, it feeds our house too. Added another 1kw ground mount system and have another 3kw of panels I picked up on sale from solar boulevard I still have to install. We are close to 80 percent in energy generation. With the additional 3k should hit 100.

cyclonefence

(4,873 posts)
10. I bow before you
Mon Jan 28, 2019, 06:45 AM
Jan 2019

We are only 6.75 kW. Well done, especially picking up panels on sale andn installing them yourself.

 

mac2766

(658 posts)
11. Had a 10.2 kW system installed just over 3 years ago...
Sun Jan 31, 2021, 12:20 PM
Jan 2021

Paid somewhere around 38k for the system, including a 10kW battery. We use slightly more than we generate annually, but not by much. I don't think in terms of ROI. If I reduce the cost by the amount we paid for the battery, we'd be at around 28k. We did get the federal tax deduction when we purchased the system. I can't remember what that was.

I'd do it again and would advise anyone who asks to go for it.

Response to liberal N proud (Original post)

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