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Solar panels reduced my electric bill in 2022

mattbruenig.com

101–110 of 510 posts

Re: Solar panels reduced my electric bill in 2022

#101
post #64

Weird question and probably rare but what happens if solar array is hit by lighting? Are they insured? Do they get damaged? Does the inverter/batteries get damaged or is there likely a circuit breaker?

My installation has separate circuit breakers for the various components (grid, home, backup that is on even if grid is off, panels), plus some extra protection against overcurrent in the inverter and batteries.

Re: Solar panels reduced my electric bill in 2022

#102
post #36

Earlier quoted context omitted.

if you generate excess energy, can you store it for a later time when you need more energy (presumably summer time)?

You would need batteries which are quite expensive at this time.

There are no sensible storage methods that would allow you to store enough energy from summer to make any reasonable contribution towards winter.

Batteries a great for powering your house for a few days. Not really beyond that. Unless you buy a ridiculous amount of batteries.

Re: Solar panels reduced my electric bill in 2022

#103

>Realizing that the solar company was in quite the pickle insofar as repossessing the panels would require costly legal actions on top of paying people to take out the system, I just waited on the payment. They would contact me periodically asking me to make payment and offering to help me get approved for a new loan. But I just ignored all of that. Seems pretty unethical tbh. The solar company delivered, but now thi…

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Re: Solar panels reduced my electric bill in 2022

#105
post #7

Earlier quoted context omitted.

Air conditioning dominates summer electricity uses anywhere that is hot and/or humid.

I live in a much hotter and much more humid area than the author does, and my bills are not even remotely close to these. I do run my AC through the summer, probably more than most

how much is your bill and what's the breakdown of electricity costs (how many kwhrs) vs mandatory grid fees? (regulatory and connection fees)

Re: Solar panels reduced my electric bill in 2022

#106
post #98

> The unsubsidized all-in price for buying and installing the panels was $25,525.43... after counting this $6,636.61 tax credit, the subsidized price was $18,888.82 Looks like a 7 year return on investment after subsidies, 10 years without.

7-10 years to break even. If the panels last 15 years you'll see a net return of $21,416 on investment of $18,888. If they last 25 years, that net return grows to $48,186. In either case it works out to an annual rate of return of 5%, assuming electricity prices stay the same (BIG ASSUMPTION) and also assuming the weather doesn't change to get cloudier or more violent (also a big assumption).

What's the math if we see annual electricity price increases? we've seen 2 hikes of 10-20% in the last 18 months here in Florida. Making me consider solar sooner rather than later.

Re: Solar panels reduced my electric bill in 2022

#107

I paid ~15k to install solar in 2019. After tax rebates it was ~11k. I’m generating ~12MWh per year. My break even period is less than 5 years. I’m based out of California, and generate excess energy. My electric bill is now just ~$100/year.

Have you experienced any grid power outages where your solar panels saved your day?

Re: Solar panels reduced my electric bill in 2022

#108
post #15

Earlier quoted context omitted.

>The panels, because they are black Doesn't seem like that would matter once covered by a few inches of snow. But otherwise your points seem solid.

You don't ever get a few inches of snow on the top of the roof. The point of the aggressive pitch is so the weight of the snow pulls itself off the roof so your roof/home doesn't have to support 5 tons of water weight. IDK if you live in a place that sees significant snow, if so, just drive around a neighborhood and notice what the snow looks like on the rooftops. Generally none on the top and some on the bottom. Tha…

>You don't ever get a few inches of snow on the top of the roof. The point of the aggressive pitch is so the weight of the snow pulls itself off the roof so your roof/home doesn't have to support 5 tons of water weight.

This is definitely not how snow on roofs work. Here is an example with a roof with lots of snow on it:

https://millworksconstructionservices.com/wp-content/uploads...

Roofs in cold climates are designed to hold the weight of snow on top of them.

ETA:

The no snow on top but some on the bottom is because their attic isn't insulated well enough. Ideally you lose no heat through the ceiling into the attic. But without enough insulation you will lose a significant amount and the hotter air will rise to the highest point and melt the peak first. You don't want this because the melted snow can run down your roof and freeze again on the colder parts.

Re: Solar panels reduced my electric bill in 2022

#109
Assuming you are grid-tied, the reduction of electric bills is predicated on net metering, where the utility company gives you (ideally) 1-for-1 credit for the electricity you produce. In California, this was called NEM 1.0 and NEM 2.0. Every few years the California utilities lobby the Public Utilities Commission (PUC) to chip away at the NEM program. This year the PUC voted unanimously to cut net energy metering and any new solar owner will fall under the NEM 3.0 rules. Net energy metering is essentially dead in California. In addition there are additional fixed fees customers have to pay. This will disincentivize solar-only installation. If you want fair compensation of what you generate you’ll have to store it and pay yourself.

PG&E will find a way to keep their profit margin.

https://www.npr.org/2022/12/15/1142927418/california-plans-t...

Re: Solar panels reduced my electric bill in 2022

#110

Earlier quoted context omitted.

Sorry, life after 25 years? That's WAY higher than I thought. That's incredible.

Generally you can find the degradation curve in their datasheet, and yes, 80% after 25 years sounds possible. IIRC they fade faster with time, so it might be 50% after 50, but ... that's still pretty good.

I don't see anything in the NREL data that suggests panel degradation accelerates. Most of the panels in their data have higher initial degradation, then less in subsequent years. This LG panel seems to be getting stronger as it ages: https://www.nrel.gov/docs/fy22osti/81172.pdf#page=28
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