The state of California has online calculators for the output and payback period for systems based on the individual components that are used. If I provide a helpful link I will be banned from this forum so you need to search for yourself.
The monopoly utility companies in my state have increased their rates by 50% over the past 5 years and changed their time of use charges as well. My payback period was based on current rates at the time but I knew that rates would jump.
A lot depends on your usage and which tiers you fall in with your provider. I wanted to stay in the bottom tier where the rate is half that of the next tier and solar was a way to insure this happened.
What I had not counted on was having to pay for a new inverter when my Sunpower inverter failed under warranty. Sunpower is currently estimating new inventory until late February at the earliest so my system will be have been down for at least 6 months, best case. My choice is to install micro inverters or buy a second hand inverter and have it installed for $2,000 with no warranty or wait until March of 2023 to get the system back online.
The monopoly utility companies in my state have increased their rates by 50% over the past 5 years and changed their time of use charges as well. My payback period was based on current rates at the time but I knew that rates would jump.
A lot depends on your usage and which tiers you fall in with your provider. I wanted to stay in the bottom tier where the rate is half that of the next tier and solar was a way to insure this happened.
What I had not counted on was having to pay for a new inverter when my Sunpower inverter failed under warranty. Sunpower is currently estimating new inventory until late February at the earliest so my system will be have been down for at least 6 months, best case. My choice is to install micro inverters or buy a second hand inverter and have it installed for $2,000 with no warranty or wait until March of 2023 to get the system back online.
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