Home › Forums › Other › Solar Energy, what is the actual cost and how long will it take to recoupe cost
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July 28, 2011 at 10:18 AM #18973July 28, 2011 at 10:31 AM #713483UCGalParticipant
Payoff is definitely dependent on your usage. We live semi-coastal – so no AC in the summer – our latest sdg&e bill is $47 for a 2000sf home. And a portion of that was gas for cooking.
We’ve crunched the numbers and our payoff – assuming we could get all the rebates – is about 12 years with current usage. We’re holding off for 2 things:
1) we’ll consider after we replace our roof… Roof is 14 years old and we don’t want to have to take down/reinstall the panels when we redo the roof in 15 years.
2) if we get a plug in electric car – we’ll look at it because our usage would justify it then.Our neighbors, same house, but higher usage, have an 8 year payoff. They got them a few years ago and love watching the dial spin backwards.
July 28, 2011 at 10:31 AM #713576UCGalParticipantPayoff is definitely dependent on your usage. We live semi-coastal – so no AC in the summer – our latest sdg&e bill is $47 for a 2000sf home. And a portion of that was gas for cooking.
We’ve crunched the numbers and our payoff – assuming we could get all the rebates – is about 12 years with current usage. We’re holding off for 2 things:
1) we’ll consider after we replace our roof… Roof is 14 years old and we don’t want to have to take down/reinstall the panels when we redo the roof in 15 years.
2) if we get a plug in electric car – we’ll look at it because our usage would justify it then.Our neighbors, same house, but higher usage, have an 8 year payoff. They got them a few years ago and love watching the dial spin backwards.
July 28, 2011 at 10:31 AM #714172UCGalParticipantPayoff is definitely dependent on your usage. We live semi-coastal – so no AC in the summer – our latest sdg&e bill is $47 for a 2000sf home. And a portion of that was gas for cooking.
We’ve crunched the numbers and our payoff – assuming we could get all the rebates – is about 12 years with current usage. We’re holding off for 2 things:
1) we’ll consider after we replace our roof… Roof is 14 years old and we don’t want to have to take down/reinstall the panels when we redo the roof in 15 years.
2) if we get a plug in electric car – we’ll look at it because our usage would justify it then.Our neighbors, same house, but higher usage, have an 8 year payoff. They got them a few years ago and love watching the dial spin backwards.
July 28, 2011 at 10:31 AM #714324UCGalParticipantPayoff is definitely dependent on your usage. We live semi-coastal – so no AC in the summer – our latest sdg&e bill is $47 for a 2000sf home. And a portion of that was gas for cooking.
We’ve crunched the numbers and our payoff – assuming we could get all the rebates – is about 12 years with current usage. We’re holding off for 2 things:
1) we’ll consider after we replace our roof… Roof is 14 years old and we don’t want to have to take down/reinstall the panels when we redo the roof in 15 years.
2) if we get a plug in electric car – we’ll look at it because our usage would justify it then.Our neighbors, same house, but higher usage, have an 8 year payoff. They got them a few years ago and love watching the dial spin backwards.
July 28, 2011 at 10:31 AM #714684UCGalParticipantPayoff is definitely dependent on your usage. We live semi-coastal – so no AC in the summer – our latest sdg&e bill is $47 for a 2000sf home. And a portion of that was gas for cooking.
We’ve crunched the numbers and our payoff – assuming we could get all the rebates – is about 12 years with current usage. We’re holding off for 2 things:
1) we’ll consider after we replace our roof… Roof is 14 years old and we don’t want to have to take down/reinstall the panels when we redo the roof in 15 years.
2) if we get a plug in electric car – we’ll look at it because our usage would justify it then.Our neighbors, same house, but higher usage, have an 8 year payoff. They got them a few years ago and love watching the dial spin backwards.
July 28, 2011 at 12:58 PM #713493moneymakerParticipantIf you are in the highest tier and get a 5KW system it should save you about $2K a year. I think it costs about $25-27K to install such a system, so 26/2 = 13 years for the average person whose bill exceeds $150 on average. Though we have a new roof it is an older house so the pitch isn’t very steep. I would love to buy a system but the wife doesn’t want to incur any more debt and I can also see that viewpoint. So in a nutshell if you live east of the 5, are not planning on replacing roof soon then I think it makes since if you fall in the tier 3/4 arena each month.
July 28, 2011 at 12:58 PM #713586moneymakerParticipantIf you are in the highest tier and get a 5KW system it should save you about $2K a year. I think it costs about $25-27K to install such a system, so 26/2 = 13 years for the average person whose bill exceeds $150 on average. Though we have a new roof it is an older house so the pitch isn’t very steep. I would love to buy a system but the wife doesn’t want to incur any more debt and I can also see that viewpoint. So in a nutshell if you live east of the 5, are not planning on replacing roof soon then I think it makes since if you fall in the tier 3/4 arena each month.
July 28, 2011 at 12:58 PM #714182moneymakerParticipantIf you are in the highest tier and get a 5KW system it should save you about $2K a year. I think it costs about $25-27K to install such a system, so 26/2 = 13 years for the average person whose bill exceeds $150 on average. Though we have a new roof it is an older house so the pitch isn’t very steep. I would love to buy a system but the wife doesn’t want to incur any more debt and I can also see that viewpoint. So in a nutshell if you live east of the 5, are not planning on replacing roof soon then I think it makes since if you fall in the tier 3/4 arena each month.
July 28, 2011 at 12:58 PM #714334moneymakerParticipantIf you are in the highest tier and get a 5KW system it should save you about $2K a year. I think it costs about $25-27K to install such a system, so 26/2 = 13 years for the average person whose bill exceeds $150 on average. Though we have a new roof it is an older house so the pitch isn’t very steep. I would love to buy a system but the wife doesn’t want to incur any more debt and I can also see that viewpoint. So in a nutshell if you live east of the 5, are not planning on replacing roof soon then I think it makes since if you fall in the tier 3/4 arena each month.
July 28, 2011 at 12:58 PM #714694moneymakerParticipantIf you are in the highest tier and get a 5KW system it should save you about $2K a year. I think it costs about $25-27K to install such a system, so 26/2 = 13 years for the average person whose bill exceeds $150 on average. Though we have a new roof it is an older house so the pitch isn’t very steep. I would love to buy a system but the wife doesn’t want to incur any more debt and I can also see that viewpoint. So in a nutshell if you live east of the 5, are not planning on replacing roof soon then I think it makes since if you fall in the tier 3/4 arena each month.
July 28, 2011 at 1:41 PM #713498UCGalParticipant[quote=threadkiller]If you are in the highest tier and get a 5KW system it should save you about $2K a year. I think it costs about $25-27K to install such a system, so 26/2 = 13 years for the average person whose bill exceeds $150 on average. Though we have a new roof it is an older house so the pitch isn’t very steep. I would love to buy a system but the wife doesn’t want to incur any more debt and I can also see that viewpoint. So in a nutshell if you live east of the 5, are not planning on replacing roof soon then I think it makes since if you fall in the tier 3/4 arena each month.[/quote]
$25-27k is before rebates. You can knock about $8-10k off of that. When we got quotes, they gave us the rebate figures.July 28, 2011 at 1:41 PM #713591UCGalParticipant[quote=threadkiller]If you are in the highest tier and get a 5KW system it should save you about $2K a year. I think it costs about $25-27K to install such a system, so 26/2 = 13 years for the average person whose bill exceeds $150 on average. Though we have a new roof it is an older house so the pitch isn’t very steep. I would love to buy a system but the wife doesn’t want to incur any more debt and I can also see that viewpoint. So in a nutshell if you live east of the 5, are not planning on replacing roof soon then I think it makes since if you fall in the tier 3/4 arena each month.[/quote]
$25-27k is before rebates. You can knock about $8-10k off of that. When we got quotes, they gave us the rebate figures.July 28, 2011 at 1:41 PM #714187UCGalParticipant[quote=threadkiller]If you are in the highest tier and get a 5KW system it should save you about $2K a year. I think it costs about $25-27K to install such a system, so 26/2 = 13 years for the average person whose bill exceeds $150 on average. Though we have a new roof it is an older house so the pitch isn’t very steep. I would love to buy a system but the wife doesn’t want to incur any more debt and I can also see that viewpoint. So in a nutshell if you live east of the 5, are not planning on replacing roof soon then I think it makes since if you fall in the tier 3/4 arena each month.[/quote]
$25-27k is before rebates. You can knock about $8-10k off of that. When we got quotes, they gave us the rebate figures.July 28, 2011 at 1:41 PM #714339UCGalParticipant[quote=threadkiller]If you are in the highest tier and get a 5KW system it should save you about $2K a year. I think it costs about $25-27K to install such a system, so 26/2 = 13 years for the average person whose bill exceeds $150 on average. Though we have a new roof it is an older house so the pitch isn’t very steep. I would love to buy a system but the wife doesn’t want to incur any more debt and I can also see that viewpoint. So in a nutshell if you live east of the 5, are not planning on replacing roof soon then I think it makes since if you fall in the tier 3/4 arena each month.[/quote]
$25-27k is before rebates. You can knock about $8-10k off of that. When we got quotes, they gave us the rebate figures. -
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