Google's Project Sunroof Tells You How Well Solar Would Work On Your Roof
An anonymous reader writes: Google's Project Sunroof aims to make the task of installing solar panels easier by providing financial advice and stats on what solar energy could do for you. The project is only available in San Francisco, Boston, and Fresno for now. Techcrunch reports: "To get started, you simply plug in your address and some data about your monthly electricity bill, and the tool will tell you what the recommended solar installation size is and how much it would cost to buy or lease the hardware. In case you want to go ahead with a solar install, the tool also lets you reach out to local solar providers. Google says these listings are sponsored, so chances are it'll get a bit of a kickback when it generates a sales lead for these companies."
Darn it: "Sorry, Project Sunroof hasn't reached this address yet."
Can't say much about it then.
I don't read AC A human right
Annual insolation, even after considering weather, counts as a well-documented stat across the entire US. Why would they limit this to just a few key cities?
Google says these listings are sponsored, so chances are it'll get a bit of a kickback when it generates a sales lead for these companies.
Oh, riiight! "We don't have any partners outside those cities yet, so the rest of you can go fuck yourselves". Got it.
Have gnu, will travel.
There is already a the PVWatts calculator at on NREL's website. You input your location, the type and placement of the solar panels and it tells you how much power to expect based on local weather measurements. Since these are the people gathering the data, I can't imagine google's project does anything than access this same database.
http://pvwatts.nrel.gov/
The NREL site just looks at location and weather to estimate solar availability -- The Google site attempts to calculate usable roof area and take into account shading from nearby trees and other structures.
It will cost, give or take, about $40K to install a 10 kilowatt system on my home.
Returning the 30% federal tax credit back to me puts me at a cost of $28K.
Based on my location in Texas and my current utility rate (total cost) and that I have net-metering, I'll save about $1,400 a year in electricity with such a system.
That puts me at an even 20 year payback period. Now, in fairness, electric rates are not likely to stay the same, adding solar does add something to my home's value, so there is that.
Lets say that electric rates will rise with the rate of inflation, which the government currently says is nearly zero, but will probably rise, then add something to the value of my home, and you get about a 12 year payback period, if you use numbers that favor solar and 17 years if you don't.
What those numbers DON'T take into account is the loss of net-metering, which is a real risk. If too many people go to solar, it will have to go away. If everyone installed solar on their roof and ended up with no electric bill, the power companies would go out of business. Clearly they would actually go out of business long before then, maybe at 20%. You can talk about batteries all you want, but the reality is they likely will get lawmakers to remove net-metering before then.
Regardless, it is a terrible investment, it makes no sense whatsoever from a financial point of view, at least for me. If you pay more than I do for power, then it might make sense for you. I have family in Australia who recently installed solar because they pay more than 25 cents per kWh, so the numbers are quite different there.
Once you factor in things like government subsidies, solar make economic sense for almost everybody, no matter how small your budget. A 20 year pay off is still a 20 year pay off, period.
You have an interesting view of economics.
A 20 year payback might as well be forever... The same money could be better spent in many other things. The money isn't either spent on solar, or nothing...
For example, we replaced our 11 year old 13 SEER HVAC with a 16 SEER dual speed, dual stage unit. It was $18K including some ductwork for a pair of TRANE units, a 5 ton and a 3 ton. The payback period is 10 years on that, less if the cost of power goes up. My electric bill 2 years ago in August was $700, this year it was $500. In the winter it saves a ton of natural gas on heat, not quite as much, but it is a good amount.
But the thing is, the old unit was broken and needed $3,500 in repairs, so it wasn't really $18K for a new one, it was $13K for a new one, $1,500 for some needed ductwork, and the rest in money that was going to be spent anyway.
It isn't a matter of "spend money on solar or have no power", we have power now. Without an HVAC, we'd have no AC, so the math works differently there. 10 year payback is pretty darn good considering we need it anyway and the old one was only going to get MORE OLD.
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Regarding the "20 year payback is a 20 year payback" comment, few people stay in their house for 20 years anymore, if you sell in 5 years, you don't get the 20 year payback. Sure, sure, you say it increases the value of your home, and it probably does somewhat, but that also depends on your market.
Where I live, no one has solar. Or let me be more clear, in a city of 250,000 people, about 150 of them have solar. I have actually NEVER seen solar on anyone's roof, ever. It is that rare around here. So having it doesn't mean as much for property value as it probably does in San Fran (which I'll grant you, probably does do more there).
It simply doesn't make sense for most people, the fact that you do tells me that you see the world quite differently than most people do. Which is fine, but you might want to consider that your blanket statement... might be in error...
The only way that this would be accurate is if it looked at the satellite imagery throughout the day and all year long because shadows.