You also want to take into account the different degradation rates of the
different types of panels as well as the efficiency differences. The difference in degradation
rates makes a huge difference when it is compounded over time.
I am going to suggest that the listed degradation rates are much more of an educated
guess than fact, and the comparison might be closer if you assumed they were really
all the same. If I am wrong, let me know in 20 years. Bruce Roe
Your reading comprehension is clearly lacking. Efficiency and degradation rates were included in the calculation. I am certain that if you perform the analysis with whatever numbers you want to nitpick about, you will find a similar result to what I posted. You may be a lost cause, but perhaps others who stumble onto this thread will think twice about paying for a large or premium system that will cost more over most time periods of interest than a smaller, less expensive system would.
LOL, hopefully they will use real numbers and not fall for people trying to rationalize a mistake they made.
Break Even
-------------
5520: Year 7.5
4830: Year 7
4140: Year 6.5
This is with conservative yearly production estimates, derating the panels every year, using a price increase of 2% per year, and taking into account the differences between summer tiers and winter tiers, with my present average usage.
It is year 11 when the projected base rate and the generated cost per KWH cross. From year 11-20, the cost per generated KWH is less than buying base rate electricity.
The key considerations are:
a) how much panels deteriorate every year.
b) how much you pay for the lower tiers.
c) the trade-off between a quicker payback and greater long-term savings.
I should point out that in reality the payback time will probably be less with time-of-use rates, mainly because of the way PGE credits usage on the different rate plans.
Powerfab top of pole PV mount (2) | Listeroid 6/1 w/st5 gen head | XW6048 inverter/chgr | Iota 48V/15A charger | Morningstar 60A MPPT | 48V, 800A NiFe Battery (in series)| 15, Evergreen 205w "12V" PV array on pole | Midnight ePanel | Grundfos 10 SO5-9 with 3 wire Franklin Electric motor (1/2hp 240V 1ph ) on a timer for 3 hr noontime run - Runs off PV ||
|| Midnight Classic 200 | 10, Evergreen 200w in a 160VOC array ||
|| VEC1093 12V Charger | Maha C401 aa/aaa Charger | SureSine | Sunsaver MPPT 15A
$24000 (pre rebate) for a 10 kw system Canadian Solar 310 panels Fronius 8.2 Primo inverter. Southern TN ground mount,, grid tied, yes 2.4 cents per watt and it works great
of course electric company charged me $2600 for their effort (included new transformer)
That is quite a price. Is your installer on SolarReviews.com? Please link to their page if they are.
The company is not on SolarReviews. I will post a review there when the job is complete. Basically, the founder/owner was in commercial solar installs for quite some time (I think 7yrs) before starting his own company last year. Definitely not a big shop so take that into consideration.
LDinSD, can you let me know who you're working with for the install? I'm in the process of selecting a company. I'm wondering what their quote will be for my home. I've been quoted high $3 to over $5/watt. The installers say my S type tile roof is harder to install on.
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