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That rate is much higher than I paid in Texas or pay in New Jersey. In fact, I can buy wind power from Green Mountain for less than your solar install cost.
by vonmoltke 9y ago
That rate is much higher than I paid in Texas or pay in New Jersey. In fact, I can buy wind power from Green Mountain for less than your solar install cost.
- matt_wulfeck 9y agoTotally agree, it makes sense in many parts of the country because of a combination of incumbent electricity costs as well as high number of sunny days. Just a few miles away in Santa Clara it would make no sense at all, since they have their own utility where power costs just 10c kWh. There is something nice knowing your electricity costs are relatively fixed for 20 years though, since the price tends to follow the rate of inflation and the loan is fixed.