Forum Discussion
outwestbound
Sep 17, 2017Explorer
I looked as my old notes and I think I was high on cost. At that time, I was looking at the labor + material (turn key) installation of Victron product by AM Solar in Oregon. In early 2016, I just didn't see lithium as ready for prime time.
My 4 battery, DC 400-6 fullriver, 800AH AGM bank is in heated/coolled space. I paid $2,340, including 7% sales tax and I picked them up, at a golf cart place in Tampa, FL in March of 2016. When I bought the AGM bank, I anticipated it would last 4 years max, because I expected to abuse it due to my lack of knowledge and various people being in and out of the camper pushing every button they can find. I figured I'd learn about solar, etc. the hard way and when the AGM bank crapped out, I'd take another look at lithium in 2019.
Big companies are furiously mining lithium, but the reality is that very little production goes to uses like would be suitalbe for RVs, from my reading. Hence, I think lithium will remain crazy expensive, especially if the feds keep shoveling our tax dollars at the industry, in the form of tax credits, which raise prices due to over stimulated demand. Whether the tax credit investment pans out with a stabilized solar industry operating at rational costs on the other side of this current over stimulated frenzy has yet to be seen. Right now, a 30% credit program is an enormous crutch, that may or may not work. If a lower industry average cost curve does not result, the credit program will just have been a flash in the pan, as frankly, most federal efforts to manipulate markets end up representing.
Because of high turnover of RVs, I don't think recapturing a large expense in lithium makes sense. This reality, if true, negates the long breakeven times I've heard on buying large lithium banks for RVs, again, purely as an economic exercise strictly in an RV context.
There are nonmonetary aspects I suppose, plus people buy them just because they want them, just as they consume vacation trips to Europe, golf clubs and sail boats. But this concept that lithium is somehow an "investment" just seems ridiculous.
It is what it is. I may well go lithium in 2020, just cuz I want it.
My 4 battery, DC 400-6 fullriver, 800AH AGM bank is in heated/coolled space. I paid $2,340, including 7% sales tax and I picked them up, at a golf cart place in Tampa, FL in March of 2016. When I bought the AGM bank, I anticipated it would last 4 years max, because I expected to abuse it due to my lack of knowledge and various people being in and out of the camper pushing every button they can find. I figured I'd learn about solar, etc. the hard way and when the AGM bank crapped out, I'd take another look at lithium in 2019.
Big companies are furiously mining lithium, but the reality is that very little production goes to uses like would be suitalbe for RVs, from my reading. Hence, I think lithium will remain crazy expensive, especially if the feds keep shoveling our tax dollars at the industry, in the form of tax credits, which raise prices due to over stimulated demand. Whether the tax credit investment pans out with a stabilized solar industry operating at rational costs on the other side of this current over stimulated frenzy has yet to be seen. Right now, a 30% credit program is an enormous crutch, that may or may not work. If a lower industry average cost curve does not result, the credit program will just have been a flash in the pan, as frankly, most federal efforts to manipulate markets end up representing.
Because of high turnover of RVs, I don't think recapturing a large expense in lithium makes sense. This reality, if true, negates the long breakeven times I've heard on buying large lithium banks for RVs, again, purely as an economic exercise strictly in an RV context.
There are nonmonetary aspects I suppose, plus people buy them just because they want them, just as they consume vacation trips to Europe, golf clubs and sail boats. But this concept that lithium is somehow an "investment" just seems ridiculous.
It is what it is. I may well go lithium in 2020, just cuz I want it.
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