6 ms·
I find it hard to judge the expense of a solar array. I have purchased 2 in Massachusetts about 8 years apart. The SRECs I have received for the first array I w
by detourdog 1y ago
I find it hard to judge the expense of a solar array. I have purchased 2 in Massachusetts about 8 years apart. The SRECs I have received for the first array I would say roughly covered the costs. The second array seems to be on the same pace. I also benefit from the electricity produced.
Last year the second Massachusetts changed the electrical repurchase agreement and I just checked the bill for April. I produced 480 more kWh than used. I ended up with a $58.04 credit. National Grid pays me $.24320141 per kWh. I will be pumping just under 6,000 kWh a month into the gird until October.
I don't see solar as expensive I see it as a good value. I will always be buying electricity and it will always be rising in price. I'm happy to have the opportunity to invest to reduce these costs.
I agree that the system is not fair...
- laurencerowe 1y agoRooftop solar is great deal for you because you are being paid over the odds for the electricity you produce. At market prices paid by the electricity company the electricity you generate during the day is worth a lot less than the electricity you consume at other times. So net metering is a huge subsidy to you from other electricity bill payers. I don't mind subsidising renewable energy, but as a renter who is not eligible to partake in these deals I would far rather my dollars were spent more efficiently on cheap utility scale systems than expensive rooftop systems.
- detourdog 1y agoNo doubt. If it's any consolation the building is a rental and I include the utilities in the rent. The renters get fiber optic internet and flat rate rent/utilities. I'm trying to be as generous as I can.
- laurencerowe 1y agoI certainly wouldn’t want to blame individuals for making the most of the subsidies available. It just seems such an inefficient system.