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re: Getting solar panels today!!

Posted on 5/25/14 at 4:15 pm to
Posted by Sho Nuff
Oahu
Member since Feb 2009
11927 posts
Posted on 5/25/14 at 4:15 pm to
quote:

La will be littered with unattractive overpriced houses because no one can afford to replace their roof panels

Sounds like you have a problem with people who have money

As far as when it comes time to replace the panels in 30+ years, if they can't afford to get the new technology at that time, they simply remove the panels from their house. You think they have to leave them on?

Eta: if they have good panels, they will still be producing at about 80% in 30 years. In other words, they will be working for a very long time for some of you mouth breathers.
This post was edited on 5/25/14 at 4:20 pm
Posted by sprime1
lafayette
Member since May 2008
40 posts
Posted on 5/27/14 at 5:39 pm to
In response to almost everyone, you also have to take into account the price of fuel inflation every year.

My solar panel system research/analysis ended up in me making an excel spreadsheet to show me my anticipated savings over X amount of years.

I used 24,000 KWH of electricity total last year, so about 2,000 KWH per month, costing about $0.10 per KWH, so a normal $200.00 per month for energy.

Purchase a $25,000 solar system, that produces an average 7 KWH per hour, for about 4.5 hours a day(based on historical weather data in louisiana) for a total of 31.5 KWH per day produced. Multiply by 30 equals 945 KWH produced in a month, which is basically cutting your energy bill in half. Just with these numbers you'll pay off your $5,000 out of pocket within 50 months, plus or minus a few months.

Now, when you take into count that energy fuel prices rise 3-4% per year, I'll be paying and additional $1,000.00 in 6 years for my current energy consumption, without solar panels.

I can post additional numbers, maybe even the spreadsheet I created when I get back to the office tomorrow for everyone to see the math, and you can input your own numbers.
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