ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
18 November 2022, 07:32 AM | #1 |
Banned
Join Date: Apr 2020
Location: here AND there...
Posts: 2,240
|
Solar Panels... wachagot?
SOLAR PANEL:
So I just went thru the SOLAR schpeel here at the house because I was understandably curious. it all sounded wonderful and so... 'responsible'. It wasn't as expensive and I thought it was going to be, but I have some serious questions. Our quote was only $21k all in @ 3.99% for 20 years... barely a Skydweller on the secondary market, But when I priced the panels out myself and it only came to $4,000 (leaving $17k). Surely I am not going to do the job myself and according to the sales person, it's a four hour job and while there some other costs for wiring and an inverter (I will allot another 3$k) that leaves $14k... that's like $3500hr in labor. So lets say, I am paying $100 a month for the system over 20 years, and my monthly payment for wired electricity is $100-$140 (summertime) a month over the same time period, it is basically a wash in terms of capital outlay, and it appears to me that I am paying $21,000 over 20 years for some over priced photovoltaic hardware to sit on my roof. This current generation technology is getting older and older and is probably already outdated before its bolted to my roof. At this point I don't think this is for me... I am not that 'energy conscience'. |
18 November 2022, 11:53 AM | #2 |
"TRF" Member
Join Date: Dec 2012
Location: USA
Posts: 241
|
$21k would take me 15 years to break even not including interest or future utility increases. I’ll be waiting for it to make more financial sense.
|
18 November 2022, 12:20 PM | #3 |
Banned
Join Date: Jul 2008
Real Name: Paul
Location: San Diego
Watch: 126619LB
Posts: 21,540
|
I’m interested in this thread too. I just inherited a condo in AZ, am considering solar to offset the outrageous summer AC bills.
|
18 November 2022, 12:45 PM | #4 |
"TRF" Member
Join Date: May 2015
Location: Earth
Watch: 126619LB and more
Posts: 5,207
|
Also consider that the performance of the panels also degrades over time so you won't have much of a period where your investment is paid off and you're reaping the benefits. The panels you install today will barely charge a flashlight in 20 years.
|
18 November 2022, 01:22 PM | #5 | |
2024 ROLEX DATEJUST41 Pledge Member
Join Date: Jan 2017
Real Name: Don
Location: NC/WY
Watch: Me
Posts: 4,630
|
Quote:
Logic, data driven analysis, and being financially savvy is unacceptable in the alternative energy sector. Please alter your outlook to a more societally accepted “intentions matter more than results” and purchase the solar panel system.
__________________
”When citizens learn to vote themselves the treasury, they limit prosperity.” |
|
19 November 2022, 05:13 AM | #6 | |
Banned
Join Date: Apr 2020
Location: here AND there...
Posts: 2,240
|
Quote:
-------------------------------------------------------------- for others here, I guess the fundamental issue for me is that even from the most basic considerations, there is no (or VERY LITTLE) cost benefit... and certain no where enough +EV for me to drill holes in my good roof and to disregard any resale issues that might arise well down the road when I have to explain 20 year old technology that is still bolted to my 'for sale' home. it's not for me. |
|
19 November 2022, 05:42 AM | #7 |
Banned
Join Date: May 2022
Real Name: Joesph Joe BoB
Location: USA
Posts: 625
|
Is wachagot a measure of electricity?
|
19 November 2022, 05:57 AM | #8 |
2024 Pledge Member
Join Date: Jul 2013
Real Name: Brian (TBone)
Location: canada
Watch: es make me smile
Posts: 74,478
|
We did a solar panel system last fall for about the price of what you’re talking. It generates approx. 9K kWh of power for the year.
Our break even on the system is about 11 years based on current hydro rates in our area. A couple of points to consider: 1. Rates will only go up making the payoff quicker. 2. PHEV’s make up about 1/4-1/3 of your total usage. 3. It’s good for the environment, if you care about that sort of thing. |
19 November 2022, 06:17 AM | #9 |
"TRF" Member
Join Date: Apr 2015
Real Name: Jesse
Location: Los Angeles
Watch: TinTin!
Posts: 2,704
|
You need batteries, inverter, charge controller, all that. Is the quote for $21k just for panels???
__________________
2 Factor Authentication Enabled
|
19 November 2022, 06:19 AM | #10 |
"TRF" Member
Join Date: Apr 2015
Real Name: Jesse
Location: Los Angeles
Watch: TinTin!
Posts: 2,704
|
This isn’t true. While not as effective as new panels I purchased. I still have panels at my cabin from its build date in 1991. The technology is def better now but they still work well enough to keep
__________________
2 Factor Authentication Enabled
|
19 November 2022, 06:55 AM | #11 | |
2024 Pledge Member
Join Date: Jul 2013
Real Name: Brian (TBone)
Location: canada
Watch: es make me smile
Posts: 74,478
|
Quote:
Exactly. My father in law has a system from the mid 90’s still running strong. He’s replaced a few panels, but they used micro inverters. |
|
19 November 2022, 07:25 AM | #12 |
Banned
Join Date: Apr 2020
Location: here AND there...
Posts: 2,240
|
|
19 November 2022, 07:28 AM | #13 |
2024 Pledge Member
Join Date: Jun 2020
Real Name: Goat
Location: Southwest Florida
Watch: 16613
Posts: 4,809
|
Unfortunately I looked into this and ever since I’ve had an incessant amount of random dudes selling solar coming to my door despite the No soliciting sign.
Yeah, they promise a great deal. Yeah, they say they warranty your roof for any issues with the installation. What they tell you very quickly is any extra money made off of your solar panels is theirs. They sell electricity back to the grid at less than 1/4 what the power company charges me for power and you as the homeowner gets none of it (except a “great” deal on solar). This is through the lifetime of your panels. Ask about having a battery bank and the price jumps 200%. It’s just another scam that the government is doing the advertising for. Sent from my Apple privacy invasion product |
19 November 2022, 07:30 AM | #14 | |
Banned
Join Date: Apr 2020
Location: here AND there...
Posts: 2,240
|
Quote:
2-doesnt apply to me. 3-doesnt apply to me. Nevada's avg kwh is 11.83$ and when we checked over a two year average, I am well below that as I fall into the <70% on average. the system they quote was for around 8880kwh per annum with my monthly estimated around 740kwh output... my usage over two years was 685kwh |
|
19 November 2022, 07:42 AM | #15 | |
2024 Pledge Member
Join Date: Jul 2013
Real Name: Brian (TBone)
Location: canada
Watch: es make me smile
Posts: 74,478
|
Quote:
|
|
19 November 2022, 07:46 AM | #16 |
"TRF" Member
Join Date: Apr 2015
Real Name: Jesse
Location: Los Angeles
Watch: TinTin!
Posts: 2,704
|
Seems reasonable to me. Including lithium batteries I just shelled out $35k to overhaul the system at the cabin. Granted, this is off grid and an autonomous system.
__________________
2 Factor Authentication Enabled
|
19 November 2022, 07:50 AM | #17 |
2024 Pledge Member
Join Date: Feb 2013
Location: swmnpoolsmovie*
Posts: 9,261
|
This was in the LA Times this morning on it...
https://www.latimes.com/opinion/stor...ll-too-extreme I always thought that California should have made every new construction since the mid 1980s mandatory for rooftop solar. The additional cost of a new home would have been negligible and now 40 years later we would have had a very high percentage of solar homes. What I always worried about was the fact that the sleazy utilities would keep changing the rules for how much they rebated for returning power to the grid which I think it has. In a place like California with the amount of sunshine this should have been taken care of years ago. Battery backup is still something I'm iffy on. During the recent summer heat wave the utility companies were telling people to not use unnecessary power for things that could be done in the sunlight hours because part of California's grid is solar and after dark it reverts to thousands of people riding stationary bicycles.(which uses too much water).
__________________
OlllllllO |
19 November 2022, 07:50 AM | #18 |
2024 Pledge Member
Join Date: Jul 2013
Real Name: Brian (TBone)
Location: canada
Watch: es make me smile
Posts: 74,478
|
|
19 November 2022, 08:35 AM | #19 |
"TRF" Member
Join Date: Apr 2015
Real Name: Jesse
Location: Los Angeles
Watch: TinTin!
Posts: 2,704
|
Absolutely keeps me sane having to live in LA man.
__________________
2 Factor Authentication Enabled
|
20 November 2022, 01:39 AM | #20 |
2024 Pledge Member
Join Date: Jul 2010
Location: Denver
Posts: 4,161
|
How much battery storage did you install? I am looking at a system of essential services for my house and would need two Tesla power walls ($21k additional) The rep said don’t do it. Just buy an ev and use that as a battery when we lose electrical service.
__________________
Jason 116610 LN DateJust Pelagos FXD |
20 November 2022, 02:29 AM | #21 |
Banned
Join Date: Apr 2020
Location: here AND there...
Posts: 2,240
|
|
20 November 2022, 02:40 AM | #22 | |
2024 Pledge Member
Join Date: Jul 2013
Real Name: Brian (TBone)
Location: canada
Watch: es make me smile
Posts: 74,478
|
Quote:
Our annual savings is in the magnitude of $1800/yr so it make sense for us from a financial perspective. I'm also into helping do our part with the environment, which I know you said isn't a consideration for you. Sent from my SM-G960W using Tapatalk |
|
20 November 2022, 03:43 AM | #23 |
"TRF" Member
Join Date: Apr 2015
Real Name: Jesse
Location: Los Angeles
Watch: TinTin!
Posts: 2,704
|
Installed 4 - 24 VOLT 200 AH LIT-ION BATTERY with 700 usable AH. I almost doubled my AH of the 12 AGM’s I had before. With a box for the batteries and thermostatic heating pads - came out to about $12k installed.
__________________
2 Factor Authentication Enabled
|
20 November 2022, 01:33 PM | #24 |
2024 Pledge Member
Join Date: Feb 2020
Real Name: Matt
Location: .
Watch: PAM111
Posts: 2,694
|
|
20 November 2022, 01:58 PM | #25 |
2024 Pledge Member
Join Date: Jul 2010
Location: Denver
Posts: 4,161
|
__________________
Jason 116610 LN DateJust Pelagos FXD |
20 November 2022, 02:33 PM | #26 |
2024 Pledge Member
Join Date: Dec 2006
Real Name: D'OH!
Location: Kentucky
Watch: Rolex-1 Tudor-3
Posts: 35,848
|
X 3.
dP
__________________
TRF Member# 1668 Bass Player in TRF "AFTER DARK" Bar & NightClub Band Commander-in-Chief of The Nylon Nation The Crown & Shield Club Honorary Member of P-Club |
21 November 2022, 12:45 AM | #27 |
"TRF" Member
Join Date: Oct 2007
Real Name: Bill
Location: East Bay RI
Watch: GMT-II 16710LN
Posts: 11,910
|
__________________
I bought a cheap watch from the crazy man Floating down canal It doesn't use numbers or moving hands It always just says "now" Now you may be thinking that I was had But this watch is never wrong And if I have trouble the warranty said Breathe In, Breathe Out, Move On J. Buffett Instagram: eastbayrider46 |
21 November 2022, 02:31 AM | #28 | |
2024 Pledge Member
Join Date: Jul 2010
Location: Denver
Posts: 4,161
|
Quote:
However, we have failed to do that completely with our fossil fuel based transportation and electrical generation industries. For example, the negative health impacts on coal fueled electricity generation are not even remotely factored. Nor is the cost of upgrading transmission lines (see California wildfires caused by antiquated power lines) until we start looking at dramatic increases in rates. Nuclear waste sequestration is just as difficult but has been implemented for over 40 years, so it can be done although this Forbes report does not mention that. Any solution will bring a new set of problems. The benefit of solar is that it allows point source generation direct to the user without having to rely on extensive transmission networks. Typical electric grids lose more than 30% of power generated in transmission.
__________________
Jason 116610 LN DateJust Pelagos FXD |
|
22 November 2022, 04:38 AM | #29 | |
"TRF" Member
Join Date: Oct 2009
Location: MN
Watch: OP36 Blue 3-6-9
Posts: 2,192
|
Quote:
We all want to get there someday with these new technologies, including all of the oil majors, but this is a multi-generational endeavor that will require significant continued and ongoing investment in fossil fuels while we simultaneously continue to invest in and implement new technologies. It cannot be a zero sum game like the politicians and completely uneducated teenagers disasterously thought it could be. You cannot just flip a switch. It took over 160 years to get to where we are today from the first refining of oil in 1858. I predict it's going to take almost as long to completely divest the global infrastructure from it. Sent from my SM-G986U using Tapatalk |
|
22 November 2022, 04:44 AM | #30 | |
2024 Pledge Member
Join Date: Jun 2020
Real Name: Goat
Location: Southwest Florida
Watch: 16613
Posts: 4,809
|
Quote:
I didn’t hear a peep of protest about the 70 tons of fuel Artemis just used. Or about the fuel used in cargo ships or air travel. Seems cows and cars/trucks are the notorious offenders. Sent from my Apple privacy invasion product |
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
|
|
*Banners
Of The Month*
This space is provided to horological resources.