I've gotten 3 quotes from 3 different vendors for solar. I don't think looking at the total price (pre tax credit) is fair because some setups may cost more money, but produce more power.
So I created a spreadsheet and ran some ratios as well:
Vendor A (micro inverters):
16panels - 4.720kW; 6,937 kWh annually with a 102% offset of my current needs
Total cost: $24,225.40
Cost per kW: $3.06
kw produced per panel: 0.295
18 panel - 5.310kW; 7,804 kWh annually with a 115% offset of my current needs
Total cost: $25,199
Cost per kW: $2.84
kw produced per panel: 0.295
Vendor B (optimizers):
16 panels - 5.28kW; 7,854 kWh annually with a 116% offset of current needs
Total cost: 20,189
Cost per kW: $2.57
kw produced per panel: 0.33
Vendor C (micro inverters):
16 panels - 5.7kW; 9,247 kWh annually with 94% offset (not sure why their offset is so low when they produce so much power)
Total cost: 26,208
Cost per kW: $2.83
kw produced per panel: 0.35625
14 panels - 4.5kW; 7,348 kWh annually with a 90% offset
Total cost: $20,144
Cost per kW: $2.74
kw produced per panel: 0.32142857
Based on the above cost per kW produced annually, I think VendorB is the best option. Am I missing anything here in my thought process?
I'm also considering purchasing a battery at the same time. Mainly for backup purposes (selling back to the grid at peak times is a "bonus" and not my intention) since if the power goes out, I can't run the house on solar without a battery. (I guess a switch doesn't exist to cut power from being sent back onto the grid during outages.) Anyone have any thoughts on batteries and buying one?
I'm in the San Francisco Bay Area if that makes a difference.
So I created a spreadsheet and ran some ratios as well:
Vendor A (micro inverters):
16panels - 4.720kW; 6,937 kWh annually with a 102% offset of my current needs
Total cost: $24,225.40
Cost per kW: $3.06
kw produced per panel: 0.295
18 panel - 5.310kW; 7,804 kWh annually with a 115% offset of my current needs
Total cost: $25,199
Cost per kW: $2.84
kw produced per panel: 0.295
Vendor B (optimizers):
16 panels - 5.28kW; 7,854 kWh annually with a 116% offset of current needs
Total cost: 20,189
Cost per kW: $2.57
kw produced per panel: 0.33
Vendor C (micro inverters):
16 panels - 5.7kW; 9,247 kWh annually with 94% offset (not sure why their offset is so low when they produce so much power)
Total cost: 26,208
Cost per kW: $2.83
kw produced per panel: 0.35625
14 panels - 4.5kW; 7,348 kWh annually with a 90% offset
Total cost: $20,144
Cost per kW: $2.74
kw produced per panel: 0.32142857
Based on the above cost per kW produced annually, I think VendorB is the best option. Am I missing anything here in my thought process?
I'm also considering purchasing a battery at the same time. Mainly for backup purposes (selling back to the grid at peak times is a "bonus" and not my intention) since if the power goes out, I can't run the house on solar without a battery. (I guess a switch doesn't exist to cut power from being sent back onto the grid during outages.) Anyone have any thoughts on batteries and buying one?
I'm in the San Francisco Bay Area if that makes a difference.
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