Solar Energy In TV

Solar Energy In TV

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Solar Energy In TV
  #1  
Old 10-07-2019, 10:03 AM
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Default Solar Energy In TV

I recently installed a solar system to my home which should cover 90 to 95 percent of my demand and I would be
happy to discuss my experience if there is anyone out there thinking about solar

For those moving into the new areas of The Villages this might be something to consider as your roof is new and you may be a bit younger than me as payback is just under 10 yearsl

A couple of things I learned...
Forget those zero down offers, paying cash drastically reduces the system costs
Look closely at the warranty, in my case I have 25 years on everything including labor
Buy the most efficient panels and digital inverters suited for Florida weather (high temps limit production)

In case anyone asks, I am not selling anything, just passing along my experience
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Old 10-07-2019, 10:48 AM
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More details please. Your home style (frame or block) age, square footage. Any significant energy consumers (pool, cooled Lanai). Average Kwh per month/year before solar. What temp do you cool your home to? Are you full time?

How much is generated? How much surplus is sold back to SECO?

What size system do you have, what direction does it face?

Do you also have natural gas?

What sort (brand/model) energy management system do you use? I have reams of consumption data for a non solar home. That is what is driving my line of questions.

Last edited by Toymeister; 10-07-2019 at 10:53 AM.
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Old 10-07-2019, 11:19 AM
sweethomeru sweethomeru is offline
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Jimbo,

Congrats. I just moved to the Village's from Maryland and I'm in the process of installing a new solar system as well. It'll be my second system as I installed one in Maryland a few years ago.

Both times I debated whether to install the system as it's a chunk of change and electricity prices are low. I decided twice now to take the plunge not just for the fiscal reasons, but that it's the right thing to do if you're concerned about the environment.

I also drive an electric car that will be charged by the sun.

I live in a courtyard villa (1650sqft) with a pool. The panels will be facing toward the west. Of course the best exposure is to the south. The interesting point I learned was even though the panels will face south, they will be as efficient as my panels southern facing panels in Maryland because of the lower latitude.

Installation should begin soon (I'll post pictures).
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Old 10-07-2019, 11:51 AM
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Quote:
Originally Posted by sweethomeru View Post
Jimbo,

Congrats. I just moved to the Village's from Maryland and I'm in the process of installing a new solar system as well. It'll be my second system as I installed one in Maryland a few years ago.

Both times I debated whether to install the system as it's a chunk of change and electricity prices are low. I decided twice now to take the plunge not just for the fiscal reasons, but that it's the right thing to do if you're concerned about the environment.

I also drive an electric car that will be charged by the sun.

I live in a courtyard villa (1650sqft) with a pool. The panels will be facing toward the west. Of course the best exposure is to the south. The interesting point I learned was even though the panels will face south, they will be as efficient as my panels southern facing panels in Maryland because of the lower latitude.

Installation should begin soon (I'll post pictures).
I used the East side due to afternoon rain storms. Did not have any statistics to make the decision.
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Old 10-07-2019, 12:22 PM
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I can get the hours sunlight and I have all the consumption data that I need. What I am lacking is my 5KwH unit generated XX kwh during these hours for a certain month. It is probably data that no one is tracking.

The reason the hours are important is surplus energy is sold to SECO at wholesale and purchased at retail.

With all this I can get an independent idea of the pay off. I prefer to diy than rely upon an on line estimator or someone in solar sales.
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Old 10-07-2019, 02:07 PM
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Quote:
Originally Posted by Toymeister View Post
I can get the hours sunlight and I have all the consumption data that I need. What I am lacking is my 5KwH unit generated XX kwh during these hours for a certain month. It is probably data that no one is tracking.

The reason the hours are important is surplus energy is sold to SECO at wholesale and purchased at retail.

With all this I can get an independent idea of the pay off. I prefer to diy than rely upon an on line estimator or someone in solar sales.
Not sure what you are looking for, this site might help.
SolarEdge
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Old 10-07-2019, 05:04 PM
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Quote:
Originally Posted by Jimbo120 View Post
I recently installed a solar system to my home which should cover 90 to 95 percent of my demand and
Check back in a year or two and update us on how this works out for you
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Old 10-07-2019, 05:32 PM
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I think solar panels are great if you are doing it for the environment, but I am skeptical about the economics. I would be interested in knowing who calculated the 10 year payback period and what it includes. Does it include the lost 10 year investment value for the upfront cost? What rate of return was used? Does it include projected future electricity costs? Does it include repairs and maintenance, especially if you have a roof leak? Are the panels covered by a homeowners policy? I would also like to know how the solar panels affect the market value of the house. It would be interesting to hear an experienced Realtor's opinion about that. An interesting topic.
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Old 10-07-2019, 06:16 PM
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Originally Posted by retiredguy123 View Post
I think solar panels are great if you are doing it for the environment, but I am skeptical about the economics. I would be interested in knowing who calculated the 10 year payback period and what it includes. Does it include the lost 10 year investment value for the upfront cost? What rate of return was used? Does it include projected future electricity costs? Does it include repairs and maintenance, especially if you have a roof leak? Are the panels covered by a homeowners policy? I would also like to know how the solar panels affect the market value of the house. It would be interesting to hear an experienced Realtor's opinion about that. An interesting topic.
About 3 o4 years ago the payback was mentioned at 11 years by a few people. Costs are probably a little lower now. But I calculated about 13 years to 18 years. 18 years included 5,000 for maintenance and repairs - primarily cost of removing for a new roof. Did not increase or decrease electric rates. Add $60 or so in annual insurance costs. I compared the return to the interest I could earn on a bond (5 to 6% not what they pay now). I sort of concluded it might be a breakeven but investments in stock could (or maybe not) do better.
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Old 10-07-2019, 06:46 PM
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FYI, I did an online calculation for my house using solar-estimate.org. The results showed that the upfront cost, after the tax credit, would be $12,489. This amount is supposed to be an average cost from four local solar contractors. The payback period is 16 years, and the total life cycle energy cost savings over 25 years would be $4,647. But, they did not include any potential investment return that I would forfeit by not being able to invest my $12,489. They also did not include any repair, maintenance, or insurance costs. So, I cannot see how a solar system would make financial sense for my house. Also, I think the 30 percent Federal tax credit is due to expire this year.
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