Electricity costs are ~ $0.2 per kwh, AUD
So to me the US prices seem even more ridiculous
That includes panels, inverter, mounting system, and installation.
https://www.ikea.com/au/en/customer-service/product-support/...
At this price point, it's becoming a no-brainer.
- SoCal Edison is $0.23 / kWh. https://www.sce.com/residential/rates/Standard-Residential-R...
- Entergy Arkansas is $0.074 / kWh. https://cdn.entergy-arkansas.com/userfiles/content/price/tar...
- Subsidies. - Cost of labour. How much do you need to pay to install the panels? - Your energy usage patterns. If you use a lot of energy when the sun is shining, your panels will pay themselves off faster. - Cost of transmission of energy. How much does it cost to get the energy from the generator to you. - Cost of energy. How much it costs to generate energy where you are. - Location. Proximity to the equator, annual sunshine hours, shading, panel angle.
"The price of a typical solar panel system is about £4,800. It can take anywhere between 15 and 26 years to recoup this costs, for a typical home – depending on where you live"
https://www.moneysavingexpert.com/utilities/free-solar-panel...
Alternatively, pending a change in the law, there are solar fields where you can purchase panels (also eligible for subsidy) and pay an annual maintenance fee. In this case it is around 6-7 yrs.
We've got a quote for €6k - €2.5k subsidy for 8KW system. We use a ton of power - which is a main factor how quickly you get your money back.
We were planning to get 18kW system installed on roof, but to get sign off from power grid we would need to upgrade our power lines at great expense (we are end of line rural), so I am wondering about using solar farm for additional capacity (when it’s available).
Interested in your thoughts.
Plus they reserve right to set it whatever they want it and you have no practical way to sell your investment...
2.3k euro for 5kwh [0] which sounds more than Tesla Powerwall. You probably want more, but you do your math. Probably you'll want to return more to network in summer and use that in winter. Store peak winter excess
0: https://shop.saulesgraza.lt/parduotuve/saules-elektrines/sau...