Quote:
Originally Posted by UpNorth
True - Florida is a state where the utilities don't like you competing with them in making electricity. However. back in 2011 in CT it was a different story. I put a 28 panel solar system on my roof and got substantial federal tax credits and a state rebate. Soon after it went online my electrical bill went down to zero. Once a year the utility zeros out the excess Kwh I put into the grid and issues me a credit for a couple hundred dollars. The panels are guaranteed to produce at 85% output after 25 years, and new panels are now half the price of the ones that are installed. Electrical bills have gone through the roof in CT due to additional "social benefits" add on and other charges that have taken effect. Bills are in the $400-$600 per month range for a typical home. Electricity is cheap down here in Florida, and not worth putting in solar panels, unless you are somehow inclined to believe you are "saving" the environment.
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I didn't realize the panels can be economical as they were in CT. I still would not have them installed for other reasons I mentioned.