Quote:
Originally Posted by Dotneko
In MA, it was worth it. SRECs alone were over $15000 a year. Heating and electrical usage costs on our farm were over 10,000 a year. Feb historically costs is $2500 for the month.
We had 175 panels on the roof that cost $200,000. A 5 year payback. In Massachusetts!
I dont think FL has an SREC program or net metering though.
Forgot to add it was 175 panels and I forget the power...maybe 32kw? That doesnt sound right....
|
That's a small solar farm to power a ?? farm, which isn't quite the same as maybe 10 panels on a house roof. your original cost had some economies of scale, being on land rather than a roof, that is a commercial investment and not quite a residential scenario.
Another way that used to be available, though not sure it is still available, is to buy a portion of a solar farm development and receive a portion of the revenue generated to offset your current electric bill.
The point is that the size of a residential roof doesn't generate enough during the day to make the net metering profitable. Put a small solar farm on the land with a sun tracking array, and you have more generation for a shorter payback.