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Thread: One experience in "Going Green"...

  1. #1
    Join Date
    11-22-03
    Location
    In the Village...
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    43,956

    One experience in "Going Green"...

    I don't usually take interest in these schemes because in the end, someone expects to make a lot of money, and someone else is expected to pay for the party...In this case, my pre-suppositions would have been right...
    A Sunrun customer service representative told me that in the year before he went solar, Jug’s monthly bill to Southern California Edison averaged $115. Under the terms of his deal, he paid $75 a month to Sunrun. The panels on his garage were expected to cover 85 percent of his energy needs. That left him reliant on SoCal Edison for the remaining 15 percent, at a cost of about $17 a month. All in, his energy bills came to about $92, a savings of about $23 a month.

    I got ahold of a copy of Jug’s contract, and quickly saw how Sunrun could afford to extend such an offer. It lasted 20 years. The payments escalated annually by 2.9 percent—they’d be 72 percent higher by 2036. The tax credit was worth at least $5,000.
    The tax credit mentioned went to the solar panel company, not the homeowner...I'm all in favor of ways to conserve resources when they actually benefit the consumer...This one didn't......Ben
    The future is forged on the anvil of history...The interpreter of history wields the hammer... - Unknown author...

  2. #2
    Join Date
    10-22-01
    Location
    All Over
    Posts
    38,200
    Just another way to mine and refine greed
    "A pessimist sees the difficulty in every opportunity, an optimist sees the opportunity in every difficulty” ---Sir Winston Churchill
    "Political extremism involves two prime ingredients: an excessively simple diagnosis of the world's ills, and a conviction that there are identifiable villains back of it all." ---John W. Gardner
    “You can’t go back and change the beginning, but you can start where you are and change the ending.” ---C. S. Lewis

  3. #3
    Join Date
    10-21-01
    Location
    San Antonio, Tx.
    Posts
    18,387
    People do not think before signing the long-term contract that they then have a house few will buy or be able to get a mortgage on with essentially a leased roof.
    ...............
    “You can vote your way into socialism, but you have to shoot your way out.” — Too fundamental to have an attribution


  4. #4
    Join Date
    08-05-05
    Location
    Deep inside the Central Scrutinizer.
    Posts
    21,024
    I ran the numbers on mi casa a couple years ago. Sure it would reduce my electric bill to about 85.00 / month but the 28000.00 cost of the install does not show an ROI until about the same time the equipment ages out. If solar was such a good deal everyone would have it. Even here in sunny AZ very few homes have it.

    The future is bright for solar though. It needs to become a main stay on new builds.

    Musk is developing a solar roofing tile. That will be cool.

  5. #5
    Join Date
    10-13-03
    Location
    Livermore Valley near the wine grapes
    Posts
    11,675
    We ran the numbers for our house. Our electric bill only runs about $300/month during the heat of the summer when we run the AC and $80 in the winter. No pool, high efficiency appliances, all LED lighting and R40 ceiling insulation. Installing Solar did not come close to making financial sense.
    "The only thing that we learn from torture is the depths of our own moral depravity"

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