Thread: Solar power
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[email protected] trader4@optonline.net is offline
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Default Solar power


Tomes wrote:
"alves" wrote in message
ups.com...
Quick but maybe trick question:
My house does not need extra-power supply. a couple oftvs, fridge, 2
computers, washing machine (not on all the time)... etc

Would it be possible to get solar panels to produce enough energy for
the house? if so, are these things stupidly expensive or it is worth
the cost? (I have sun most of the year, including winter)

Thanks.

PA


Hi PA,
You might want to go to this link and read up on their approach. I think
you need to be in New Jersey for this and your post does not indicate where
you are, so the chances are slim that this can in reality apply to you.
However, it has a good explanation of it.

I installed a south-facing rooftop solar system with these folks a few years
ago at zero cost to me. I pay it off via the energy I produce and the
assigning of the energy commodity credits to them. My current savings month
to month is about 12% over what I was paying to the electric company
beforehand. I pay 2 bills now: one to the electric company for the net
amount I use (my meter goes both backwards in the day and forwards at
night/cloudy), and the other bill to these folks for about 80% of what I
generate. I don't think that they are doing the zero up front cost thing
anymore, they note a nominal up front cost now whatever that means, so I am
glad I did it when I did.

For me this was a no-brainer with these conditions: no cost to me, I pay net
less for electricity month to month, and I did a good thing for the planet.
Tomes




It makes sense in the peoples republic of NJ because the politicans put
a utility tax on everyone's electric bill, including the poor, to raise
money to pay to subsidize solar. So, if you install it, you can get a
rebate of around two thirds the cost. So, a 45K system only costs you
maybe 15K. If you had to pay the real cost, which of cost in the end
the rest of us are paying, it would never make economic sense. Oh,
and last time I checked the politicians have $100Mil+ of the
alternative energy surcharge money raised sitting in an uncontrolled
checking account, with no controls as to who is spending it or for
what. That is currently under investigation.

Home Depot is pushing BP solar systems. You can get info there. But
be careful. Last time I checked on the BP website, they are pulling
shyster games too. For example, in calculating the payback, they
include the tax write off benefit of a mortgage, assuming that you
finance the cost. But they conveniently never include the interest
cost of the mortgage as an expense, only the tax benefit.

Bottom line, in the real world, it's not cost effective. If you live
in a area where it's subsidized, then it can be.