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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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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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Solar is like the wind. It may be free, but putting it to work isn't!
Willie, Tampa Bay
sharpd1

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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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Solar is like the wind. It may be free, but putting it to work isn't!
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.
alltypesolar

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Posts: 3
Reply with quote  #6 
I am 29 months into a similar system, 36/305's. just under 30 grand 30 miles east of Wyoming. 30 dollar a month meter fee and the buy back for 2.2 cents on a monthly basis.  I hate monthly as I use more when I make less.  winters here are 20 degree high today.  for me the key was do as much myself in building as possible, pay myself a wage.  now retired it is going great.  my bill in December was 8, this month will be 50 plus the meter fee.  I have a dollar a watt in the panels, and my system is 350 feet away from my house.  distance was a big factor but that actually was to my advantage in many ways.  in my opinion, never go off the grid, if you ever want to reconnect you will pay for the farm in fees and equipment.  you always want the reliability of the utility.  I am the first solar generator for Chimney Rock Public Power and they know nothing about alternative energy, and don't want to know.  I also have a 1440 sq foot solar cabin behind the house, two 7'x20' windows, a tromb wall and an active system with 550 gallons of water storage.   I am interested in building a few air collectors for 3 separate 48' long buildings and something for the house.   Long story short, I think you are priced right.  this is my first post but have 43 years of solar interest.    partsman94@hotmail.com
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