Switching To Solar Power — Six Months Later
ThinSkin writes "Slashdot readers may remember an article regarding ExtremeTech's Loyd Case's experiences with solar power for the home after one month of usage. During that time six months ago, it sure seemed like a great deal, but the tables have turned significantly once winter approached. While it's no surprise solar power generation is expected to dwindle during the winter, Loyd compares solar power data of the last six months to determine if solar power is still worth the time and money."
Who the hell uses that much electric power?
I want to delete my account but Slashdot doesn't allow it.
Why didn't this follow up article include a Return on Investment number? It would be nice if he would have included the cost of the install and compare it to the difference in his electric bills. I'm curious to see how long it will take the install to pay for itself.
Who ever installed the panels mounted them directly flat on the roof. That is bad.
They need to be angled for the best sun during the time the power need is greatest. Ideally they would be adjustable semi-annually/quarterly/monthly for the best angle. And if fixed would be biased toward the point of worst number of sun days and power need.
Doing a suboptimal installation and not accounting for sun angle is not a good installation and should be perform at a fraction of potential output.
I went back to his original article (the instalation). He said the estimate is that his anual utility bill will drop from 4400 a year to 1100 a year.
So I made a few assumptions.
#1-his power use will not increase. Not really likely but a future increase shouldn't change the ROI on his current investment.
#2-Utilities will just keep pace with inflation (assumed 2%)...power costs will stay porportinally expensive in the future. This is probably not ture as power prices tend to increase slightly faster than inflation. So this assumption will tend to increase the ROI.
#3-I assume he is financing it through his mortgage at about 5%
Therefore when I calculate out to 25 years I find that he would spend about $141,000 in power over the 25 years without slar. With Solar he would spend $35,233.
The Payoff date comes at about 12.5 years.