sd455dan
Elite Member
- Joined
- Oct 23, 2012
- Messages
- 4,764
- Location
- North Idaho
- Tractor
- Rhino 554, Ford 550 TLB (JD X500, MTD, Gilson riding mowers) Ford 3000-Sold
All I can say is it cost more than I thought it would going in. I wanted this for power outage back up and to knock down our monthly bill overall, Would I recommend it as a money saver out of the gate? Heck No, but our power rate is only $.08- $ .10 per KWH. Some of the states where power can cost a lot during certain hours a hybrid with solar and batteries might make a LOT more sense.The economics of solar varies tremendously from state to state. The big things to look out for are your state's policies on net metering, whether it's allowed and what rate they pay you for power returned to the grid. In some states there are additional incentives like Solar Renewable Energy Credits (SREC's) and even direct subsidies.
There's also a federal tax credit.
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