Mr.Mark wrote:
Well, I just bought solar for my house in Southern California. Installation will be in May.
My utility bill should be zero with 63 solar roof panels. I will be grandfathered in at .16 a kWh. Any surplus will be purchased at .025 kWh (highway robbery) LOL!
They are expecting an eight year payback, then it will be gravy!
I seem to hear that eight year payback comment a lot. Our neighbor quoted the same payback time-frame regarding the recent solar installation on his home here in the further north Bay Area.
How much is your monthly payment going to be on that solar installation until it's paid for?
I have a couple of other related questions:
- How come PG&E charges MORE to me if I opt in for one of their plans to provide part of my power from renewable sources? Shouldn't renewable power sourcing be a CHEAPER source of power than typical fossil or nuclear power sources?
- I wonder how long PG&E can keep maintaining their electrical grid with less and less money coming in each month because folks are replacing PG&E power with solar power from their roofs? Keep in mind that the solar grid is still necessary because most home rooftop solar systems only pump energy back into an existing wired grid. Very few homes have solar panels plus the huge inverters plus the huge battery banks such that they actually no longer need any external source of power in all kinds of weather. I've heard that in some (many?) areas a newly built residence cannot NOT be connected to a commercial power grid and still pass final inspection - so a power grid for residences is still required with somehow less and less money coming in to power companies for them to expand and maintain the grid. What this could mean is higher and higher power usage rates - plus higher and higher "grid maintenance surcharges" for all - being charged by power companies even though customers might have solar panels on their roofs.
This is still relatively early in general solar power over large geographical areas, so the situation appears to be workable for local rooftop solar (without inverters and batteries) merely feeding power back into an existing grid. However I see substantial issues going forward, such that: Either users need expensive full-blown panel/inverter/battery systems at their point of use, or a pervasive grid needs to still be left in place fed with power from huge commercial solar and wind farms (and hydro-electric plants) replacing existing fossil plants and nuclear plants.