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Solar panels? On MY house? *Can be locked*

ChillyWillyChillyWilly Registered User regular
edited January 2012 in Help / Advice Forum
General question here because I'm at work at I don't feel like doing the research myself: How cost effective are solar panels? I normally pay around $150 a month for utilities (usually more at peak winter/summer months) and I'm wondering how much it would take to heat/cool/power a roughly 1350 sq ft house.

I know absolutely nothing about solar panels, so take me to school!

PAFC Top 10 Finisher in Seasons 1 and 3. 2nd in Seasons 4 and 5. Final 4 in Season 6.
ChillyWilly on

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    bowenbowen How you doin'? Registered User regular
    Does your house get a lot of exposure or do you live in a wooded area/have lots of trees?

    not a doctor, not a lawyer, examples I use may not be fully researched so don't take out of context plz, don't @ me
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    ChillyWillyChillyWilly Registered User regular
    Lots of exposure. Getting the actual sunlight is not an issue.

    PAFC Top 10 Finisher in Seasons 1 and 3. 2nd in Seasons 4 and 5. Final 4 in Season 6.
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    bowenbowen How you doin'? Registered User regular
    http://www.getsolar.com/blog/how-much-do-solar-panels-cost/12707/

    lots of info there, they pay off pretty well to places that get lots of sun afaik.

    not a doctor, not a lawyer, examples I use may not be fully researched so don't take out of context plz, don't @ me
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    PelPel Registered User regular
    There are a lot of factors involved in whether it can work for you. Do you have a house (assuming you're in the northern hemisphere) with a south facing roof with a lot of sun exposure? Does your peak electricity usage line up with peak solar collection? Are you willing to shell out some serious cash up front in exchange for savings that might not be realized for 10 years? The most important factor here is probably your location. Check out http://www.nrel.gov/eis/imby/ , it's a tool to help you estimate the costs/subsidies/value of solar and wind arrays.

    In my opinion, solar heat is much more economical than solar electricity, but the unreal subsidies don't exist for it. At the very least it can minimize your bill for water heating.

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    Skoal CatSkoal Cat Registered User regular
    Solar panels are nit usually covered by home owners insurance against things like hurricanes, fyi

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    a5ehrena5ehren AtlantaRegistered User regular
    The payback time on solar panels is currently extremely variable on the tax incentives/rebates offered by your state government and local utilities. Ignoring that, PV is generally not cost-effective unless you live in a dry climate between +/- 35 degrees latitude. The NREL tool posted earlier is fantastic if you want more detailed information.

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    zilozilo Registered User regular
    Pel wrote:
    Does your peak electricity usage line up with peak solar collection?

    This doesn't matter. We have solar and our meter simply runs backwards during the day while we are at work.

    For what it's worth we have a 1800 sqft house and a 2.2mw system, and our electric bill for the year is under $400. And that's with a hot tub running all winter. If it weren't for that we'd be making money.

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    a5ehrena5ehren AtlantaRegistered User regular
    zilo wrote:
    Pel wrote:
    Does your peak electricity usage line up with peak solar collection?

    This doesn't matter. We have solar and our meter simply runs backwards during the day while we are at work.

    For what it's worth we have a 1800 sqft house and a 2.2mw system, and our electric bill for the year is under $400. And that's with a hot tub running all winter. If it weren't for that we'd be making money.

    I assume you mean kW :P

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    PelPel Registered User regular
    I believe (I have no personal experience with this) that your peak usage can still matter, at least if your electric company has "smart" billing that charges you based on when you use the power. Of course, peak usage generally corresponds at least partly to the hottest parts of the day when you're collecting the most power.

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    zilozilo Registered User regular
    a5ehren wrote:
    zilo wrote:
    Pel wrote:
    Does your peak electricity usage line up with peak solar collection?

    This doesn't matter. We have solar and our meter simply runs backwards during the day while we are at work.

    For what it's worth we have a 1800 sqft house and a 2.2mw system, and our electric bill for the year is under $400. And that's with a hot tub running all winter. If it weren't for that we'd be making money.

    I assume you mean kW :P

    Hah! Yes, kilowatts. Whoops!

    @Pel, yes- we are credited for power generated at the sale rate, so power generated during the hottest part of the day is worth more than early morning or late afternoon. It works out well since we generate lots more power than we use with just the a/c running to keep the house cool for the cats while we're at work.

    In a nutshell, you don't want your peak usage to line up with peak generation. The way it works is, you don't generate power to be consumed in your house, you simply feed power into the grid. If you feed more than you pull the meter goes backwards and you earn credit which you spend at night and on weekends. As far as I know all residential power generation works like this, including wind and geothermal.

    Furthermore, some utility companies offer something called net metering. What that means is they only bill you once a year- this is nice because you get 14 hours of daylight in June versus 10 hours in December. So any credit you build up in June when power is expensive can be spent in December when it is cheap. That's how we got a year's worth of power for $400.

    Our system was installed when the house was built 2 years ago, so it's fairly representative of current technology. It will break even for us in about 4 more years assuming electric rates stay flat. Not bad considering it won't need any maintenance for 23 more years.

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    a5ehrena5ehren AtlantaRegistered User regular
    A payback time of 6 years is highly unusual. Your state and utility company must have unusually generous incentives.

    OP: The best way to figure out your max usage is to look at your power bills from the summer months. If you're really considering it, check with your state government and utility company and see what their incentives are before proceeding.

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    zilozilo Registered User regular
    Whoops, I did the math wrong- it's actually 8 years total. Not too shabby.

    It's not that unusual these days, especially for southern California. Solar is cheap as hell compared to where it was five years ago.

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    ChillyWillyChillyWilly Registered User regular
    Thanks for all of your help, folks. This thread can be closed.

    PAFC Top 10 Finisher in Seasons 1 and 3. 2nd in Seasons 4 and 5. Final 4 in Season 6.
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    a5ehrena5ehren AtlantaRegistered User regular
    edited January 2012
    zilo wrote:
    Whoops, I did the math wrong- it's actually 8 years total. Not too shabby.

    It's not that unusual these days, especially for southern California. Solar is cheap as hell compared to where it was five years ago.

    It is much cheaper than it was and Southern Cal is also pretty much the ideal PV market right now - generous state subsidies and smart utility companies combined with a high annual sun exposure. Where I live, the subsidies aren't as good and we have clouds fairly often so my payback time is more on the order of 20 years, which is too close to the typical panel life (30 years...and power output starts to decrease before then) to be worth it.

    a5ehren on
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