Are home Solar Systems a moment ago for the abounding?

Looked at a solar system for my home. I found a complete one for a "Grid System" for about $16,000. It is a complete 3000 Watt system set to install and start saving.

My power costs 8 cents per Kilowatt-Hour (KWH). I assume this means I get hold of 1000 Watts for one hour for $.08. I checked the DOE website and the avg. around the US seems to be almost $.10/KWH.

My understanding is the 3000 Watt rating is "Peak Power" for the 16 panel system. Since hilltop is only when the sun is bright and the angle is of late right. This occurs simply a short time respectively day as the sun moves accross the sky.

For estimating my money, I am assuming getting 3000 Watts for 6 hours a day on average, and assuming simply 200 days each year due to drizzling, cloudy days, etc. I will assume my cost for power is the average of 10 cents per KWH, or $.10 for 1000 Watts. My annual savings is after 3KW X 6HRS X 200DAYS X $.10 which gives me $360 reserves / year.

Interest on the $16,000 is at least $800/yr?? IS THIS CORRECT?

Answers:    16k? i priced it at 30k.

this is the principle everyone doesn't have them.
even the "greenies".

to be tolerant, there are feed, and sometimes, state and electric company rebates. but your still going to spend more than you re-coup.

especially when keeping is factored in.

i'd carry one in a heart trounce if it was economically sound.
I've read that the efficiency/cost of solar power technology is supposed to improve by nearly 40% by the year 2010. The technology is rapidly on the increase, so while it's not very affordable or reorganized right now, soon that will changeover.
another type of panel that could help you is a roast panel. If you have the climate that is to say. We used it to heat our hose. its a long set of thin tubes of black rubber that have water running through and as it does, it heat it. that would save you on immersion.

As for your solar panel..... thats not really that much. panels are an investment as your not goin to exactly get them around with you. My friend is building a house next to panels and they are costing her even more. Try and progress with a contractor to breed up you panels if you are still surrounded by the building stages and it may work out cheaper.

Just remember you may be living in the house longer than you imagine. and will save within the long run and help release out planet. Its really getting bad.
I'd own to go next to the solar water heating system. Much more efficient and smaller amount costly. With federal and state rebates, most solar arrays eventually pay packet for themselves. No matter how long you stay on the grid you will never break even, afterwards start getting free power.
Yes.
it is for all who can afford to buy!here within the philippines the lowest price is 20,000 pesos!or around 500 us dollars!from the shell head department at valero st,makati,philippines.
Your savings would almost no problem be more--for a number of reason. Probably more in the neighborhood of that $800 per year--unless you are someone who uses incredibly little enrgy to start with.

Most of these systems can be installed for less--mainly by taking assistance of tax credits, rebate, etc. Its not unusual for someone to cut the price of a system such as you describe by up to $7000.

Either way--at present it does take a long time to money for itself, granted. After that, though, it saes you money. And--having a solar system adds to your home's plus, much like other home improvements.

For the most chunk, though, that large an investment is best for those who enjoy a good bit of money--though self wealthy is by no routine necessary. If your resources are restricted, I'd focus on les expensive energy good measrues (eergy-efficient lights, improving home insulation, replacing appliences as they wear out next to energy-efficient models, etc.) And, of course, when trade-in time comes, don't buy a gas hog!

Save investing within solar for a few years. The cost has be cut in partially in thelast 5-6 years--and is going to drop seriously more in thenext few years. So--5-10 years from in a minute, its gooing to be a lot more affordable.
One of my colleagues have a 3000 watt solar photovoltaic system.

His average annual production of electricity is approximately 4000 kilowatt hours.

The system cost him $30,000 installed. He financed it with a $30,000 loan at 6% interest.

His annual interest cost for the system is $1,800 per year.

That amounts to a cost of approximately 45 cents per kilowatt hour for the interest on the loan. That does not include the cost of upholding and depreciation.

.


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