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sharpd1

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Posts: 2
Reply with quote  #1 
So i want to make sure im getting a decent deal...let me know if im missing anything please...(I'm in Northern VA USA.  Dominion Energy.  $0.12 per kwh and free net metering.

10.065 kw system producing 11,750 kwh annually.
Total price is $24,156 ($2.40/Watt) or $16,909 after federal incentives.
There are 33 panels that are 305watts each and the whole system and all components are warrantied for 25 years. Roof for 10 years.

My usage is about 19000kwh annually, partly because i use 5,000 kwh a year for charging our electric car.

Any thoughts? Am i getting a decent deal?

stmbtwle

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Posts: 2,538
Reply with quote  #2 
NOTHING is free. Net metering means that whatever you produce goes against your bill, (kwh for kwh). Any surplus is carried over. What they don't talk about is the service/user/connection fee which as far as I know you still have to pay. Look at a few old bills and you'll see.

As to whether it'a "decent deal", you'd have to compare offers from other installers. I can say it's a lot less expensive than I paid in 2009, even with rebates.

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Willie, Tampa Bay
sharpd1

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Posts: 2
Reply with quote  #3 
Quote:
Originally Posted by stmbtwle
NOTHING is free. Net metering means that whatever you produce goes against your bill, (kwh for kwh). Any surplus is carried over. What they don't talk about is the service/user/connection fee which as far as I know you still have to pay. Look at a few old bills and you'll see. As to whether it'a "decent deal", you'd have to compare offers from other installers. I can say it's a lot less expensive than I paid in 2009, even with rebates.


thanks.
if you're referring to the ~7.50 user fee that they charge, well, they charge me for that now anyways.....and they will continue charging me for that at the same level. so in essence, the 'net metering is free'....It's free in the sense that they're not charging me any money for holding the electricity for when i need it, which i found it rather odd, but of course i welcome it.

thanks for the note.

stmbtwle

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Reply with quote  #4 
There's no guarantee the fee will remain the same.  Mine has gone from about $8, to nearly $20 over several years. During that period the price per kwh has gone DOWN 10%.

They're not "holding" your electricity, they're SELLING it to your neighbor! Eventually they "pay it back" to you with their fossil-generated power.  Ultimately I think they're saving money by buying less fuel.  

You could always disconnect and avoid the fee, but then you'd have to install batteries ($$$$). So in that regard the fee is worth it. 

If you have a two-tier billing system like I do, where the electricity over a certain amount (for me 1000kwh/mo) is more expensive, you're saving the difference, as your bill will rarely if ever go over that amount.  


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Willie, Tampa Bay
bhavin66

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Posts: 19
Reply with quote  #5 
I feel it is reasonably good deal. I just got a 7.6kw system installed in September in NJ. I paid $26k.
I went with premium panels 21x365w LG panels, what I could fit on the roof and solaredge inverter.
Warranty is something that makes you feel happy other than that it is a 25 year manufacturers warranty. It is up to you deal with manufacturer and that is something that is different with every person. All other costs are still applicable.
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