[ausev] Residental Solar Power ROI

[Thomas Burbridge]

Greetings, 

I have long abandoned the ROI when it comes to RE. 

When the grid power is out and you have light, your system is paid in full.

Cheers

> We have a 100w guerilla system that has been in place for
> over 6 years and a 2+KW system that has been in place for
> more than 3 years.
> 
> The more you conserve the worse the payback equation
> looks.? We don't approach this from a standard ROI
> equation.? Even with that, I would be surprised that it
> would take 30 years to recoup a $9k investment.? I would
> also expect any quality panels to last longer than 25 years.
> 
> We try to see if we can use under 500KWH each month.? We
> did not make it the last two months, but typically we do.
> We don't mind spending a little money up front to get
> monthly payments (in this case electric bills) that will be
> less than normal.
> 
> ....and besides, it would set up any EV owner to be using
> their own electrons...
> (we have a 1997 S-10E waiting in the wings)
> 
> Time of use metering is on its way, and we want to have a
> third system in place before that happens.
> 
> -----Original Message-----
> From: Dustin <ullearn at gmail.com>
> To: ausev at austinev.org
> Sent: Wed, 6 Aug 2008 10:17 pm
> Subject: [ausev] Residental Solar Power
> 
> 
> 
> 
> Does anyone have experience with solar panels for home
> use?? 
> 
> A couple weekends ago?the company solarcommunity.net was
> organizing neighborhood residents who may be interested in
> installing solar panels at home.? The business pitch is to
> get as many residents together to go in on purchasing to
> reduce the costs associated with installing a solar system.
> 
> 
> 
> I did my initial research and found that the cost of a 3k
> kw solar system of $20-23k with a cost to me of $9k (using
> Austin Energy and Federal rebates)?would take about 20 years
> to pay back (with solar panels having a life of 25 years or
> so).? Ideally I could better invest my money in purchasing
> clean energy from Austin energy clean energy?directly, but I
> am still planning to attend a?meeting they are holding?to
> hear their pitch and wanted to see anyone else's
> experience or thoughts on installing solar panels.
> 
> Thanks,
> Dustin
> 
> 
> 
> 
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