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Message

re: Solar Panels - Yay or Nay

Posted on 7/15/23 at 10:24 am to
Posted by GetmorewithLes
UK Basketball Fan
Member since Jan 2011
19160 posts
Posted on 7/15/23 at 10:24 am to
quote:

Is this a scam or is it worth it?


Very simple. Not a scam necessarily but you have to look at the investment return.

For instance, you expect to save $1000 per year installing solar for $70000. Simple math says it would take you 70 yrs to recoup the investment without figuring the time value of money.

Hence why most solar projects need large rebates and tax incentives
Posted by Slingscode
Houston, TX
Member since Sep 2011
1889 posts
Posted on 7/15/23 at 11:29 am to
quote:

have solar panels. My elec bill for June was $6. Solar powered the rest from energy stored in batteries.


How much you paying for the solar panels loan every month?


ZERO. Paid cash.
Yes, I'm an OT Baller.
Posted by billjamin
Houston
Member since Jun 2019
12883 posts
Posted on 7/15/23 at 12:11 pm to
quote:

ZERO. Paid cash. Yes, I'm an OT Baller.

In Houston? Who did you use?
This post was edited on 7/15/23 at 12:12 pm
Posted by TBoy
Kalamazoo
Member since Dec 2007
23978 posts
Posted on 7/15/23 at 12:15 pm to
Old lady down the street covered her roof in solar panels and pushed so much extra power backwards into the grid that she blew out the transformer. LUS put in equipment that could handle the back low and she only paid the minimum service fee to have the meter. Generated more electricity than she needed.

That was legit.
Posted by billjamin
Houston
Member since Jun 2019
12883 posts
Posted on 7/15/23 at 12:26 pm to
quote:

Old lady down the street covered her roof in solar panels and pushed so much extra power backwards into the grid that she blew out the transformer. LUS put in equipment that could handle the back low and she only paid the minimum service fee to have the meter. Generated more electricity than she needed.

It can be hard to get those big offset systems interconnected now but not impossible if you know the right people. They never should have let me put 40kW at the ranch based off consumption, but we knew the right people to ask. Taylor electric pays me a few hundred bucks a month most of the time.
Posted by VernonPLSUfan
Leesville, La.
Member since Sep 2007
16007 posts
Posted on 7/15/23 at 12:32 pm to
Is wind power even an option?
Posted by billjamin
Houston
Member since Jun 2019
12883 posts
Posted on 7/15/23 at 12:35 pm to
quote:

Is wind power even an option?

Not for any significant residential use. Utility scale is a different story obviously.
This post was edited on 7/15/23 at 12:38 pm
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37254 posts
Posted on 7/15/23 at 12:39 pm to
We got them when the tax incentives paid for 80%, and I can tell you it's a huge win that still pays of for us every month.

With the tax incentives now being 30%, I would need to run the numbers and see.

Also for me, anything I can do to not pay Entergy more money is a plus.
Posted by NYNolaguy1
Member since May 2011
20971 posts
Posted on 7/15/23 at 12:39 pm to
quote:

Mine is an average of 135/mo. How many years would it take for you to break even?


I love when people extapolate their situation onto others and then pretend everyone has the same situation they do.
Posted by NYNolaguy1
Member since May 2011
20971 posts
Posted on 7/15/23 at 12:41 pm to
quote:

Simple math says it would take you 70 yrs to recoup the investment without figuring the time value of money.



Assuming inflation stays zero and the cost of power doesn't rise, sure. Sounds pretty reasonable to me.
Posted by GeauxGutsy
Member since Jul 2017
4770 posts
Posted on 7/15/23 at 2:57 pm to
quote:

People really overcomplicate this part. Also, you're solar installer probably has a pretty good relationship with a roofer and if you like them can sometimes get you hooked up.


I was being facetious. Unless you hire local, well established companies all bets are off.
Posted by Slingscode
Houston, TX
Member since Sep 2011
1889 posts
Posted on 7/15/23 at 3:20 pm to
quote:

ZERO. Paid cash. Yes, I'm an OT Baller.

In Houston? Who did you use?


I used Tesla. They installed 3 battery backs the 1st day and started the panel installation. Finished up the panels the next day. Did a wonderful job.

Posted by SaintEB
Member since Jul 2008
22820 posts
Posted on 7/15/23 at 3:58 pm to
quote:

Old lady down the street covered her roof in solar panels and pushed so much extra power backwards into the grid that she blew out the transformer


This didn't happen. Transformer work the same way forward and backward. Transformers only transform the voltage from one voltage to another. They have a KVA capacity and can be loaded 150% of that. I know for a fact that LUS does not load their transformers anywhere near 100%. If anything blew, it was a fuse. And if this was the case, she had someone screw up the installation.

quote:

LUS put in equipment that could handle the back low and she only paid the minimum service fee to have the meter.


The utility doesn't put equipment to "handle backflow". They put in equipment to meter it properly.

quote:

Generated more electricity than she needed.


Doing this isn't cost effective for the consumer unless she had them prior 2019.
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
140462 posts
Posted on 7/15/23 at 5:12 pm to
quote:

Old lady down the street covered her roof in solar panels and pushed so much extra power backwards into the grid that she blew out the transformer. LUS put in equipment that could handle the back low and she only paid the minimum service fee to have the meter. Generated more electricity than she needed. That was legit.
none of that happened
Posted by Meauxjeaux
98836 posts including my alters
Member since Jun 2005
40475 posts
Posted on 7/15/23 at 6:23 pm to
quote:

Irradiance is to site specific to make any decision without an Aurora, Suneye or something similar.


Really? One can’t make big sweeping generalities based on regional exposures?

Like that giant fireball 93 million miles away is site specific? Yikes
Posted by Strannix
District 11
Member since Dec 2012
49158 posts
Posted on 7/15/23 at 6:28 pm to
Scam
Posted by billjamin
Houston
Member since Jun 2019
12883 posts
Posted on 7/15/23 at 6:53 pm to
quote:

Really? One can’t make big sweeping generalities based on regional exposures?

Irradiance mapping and tools that use Project Sunroof type data are great for large scale planning or canvassing. I use them, the DOE uses it, etc. But no individual should rely on that because there are too many variables per unique site and the price can vary wildly from $/kWp to $/kWh. If you’re just chasing module efficiency from a irradiance/M2 perspective you’re really missing a big part of the equation.
quote:

Like that giant fireball 93 million miles away is site specific? Yikes

No. But that tree or your neighbors house, orientation of your roof etc can play a much larger role than regional SRF.

Basically what I’m saying is people shouldn’t look at that and use it to make any decisions unless they really know what they’re looking at.
This post was edited on 7/15/23 at 6:58 pm
Posted by TBoy
Kalamazoo
Member since Dec 2007
23978 posts
Posted on 7/16/23 at 10:11 pm to
quote:

This didn't happen

Absolutely did happen. Power was down until they could install a setup that allowed backflow. If you are just arguing about what had to be installed, fine, but this absolutely did happen and the 90 year old lady was very happy it did.
Posted by DeltaTigerDelta
Member since Jan 2017
11396 posts
Posted on 7/16/23 at 10:12 pm to
Butt ugly
Posted by Billy Blanks
Member since Dec 2021
3825 posts
Posted on 7/16/23 at 10:16 pm to
quote:

I'm saying when you sell, on your appraisal, in areas where they are common, that's how much value you'll be given.

No you won’t. Making stupid statements like that is what’s so frustrating about this. A 30kW PV + ESS system that’s owned outright with top tier equipment is going to increase value more than $7k regardless of what someone who took a 6hr internet certificate course says. When I was house shopping we looked at plenty of houses that already had PV and the increased price was proportional to the size and quality just like everything else. Ultimately the appraisers just get railroaded by the real estate agent anyway and do as they’re told. Do you actually believe adding a power plant to your house creates no value?






quote:

Do you actually believe adding a power plant to your house creates no value?





Not only little to no value but also they are an eyesore.

quote:

Ultimately the appraisers just get railroaded by the real estate agent anyway and do as they’re told.



:rotflmao: :rotflmao: :rotflmao: you're clueless.
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