Solar - Any PV people in the house?
I do not think this has been discussed much as topic in the off topic forum.
I recently moved to a larger house, about 4200 sq/ft and it has a pool and 2 10 SEER compressors for AC. My electric bill was north of 500 a month in the summer.
So i looked into the option of doing PV on my roof. I live in nj and the incentives are very good as we have an SREC program that pays about 210 dollar per 1000kw of energy produced. With the shrinking cost of solar that just about covers the cost of a system over the course of 5-10 years in most implementations
So i signed for a 12.6kw system which is $38k of which i get a 26 percent rebate on my taxes for 2020. It should produce somewhere in the range of 16-17kw a year. My SRECS will generate $3,360.00 if they dont go down in value. over 10 years system pays for itself...... And i have no electric bill seems like a win
Any one else gone solar? Experiences?
|