Hi folks! I'm looking to move to a new home next year and I've posted about the Off-Grid system we were looking to install which is a 6.12KW system. In preparation for that system I've been reading the forums quiet a bit and notice that frequently comments are made in that if there is ANY possible way to grid tie that is the best choice when it comes down the long term dollars spent.
So this has me second guessing my decision to go fully off-grid.... Is there a good method to calculate when it makes sense to go off grid when grid power is available?
Here is my scenario in rough #s:
Cost for the Off-Grid System: $38,000
Tax Credit (ITC) - $11,400
Total Off-grid after ITC: $26,600
Cost to run electric to the home: $22,000
So after the ITC I'm looking at an initial start up cost difference of $4600. Other factors if I go on grid is the utility costs are currently at 29 cents per kWh (about 3-4 times higher than the US average) with a probable increase in 2017 to 36 cents per kWh.
I know I'll have to look at costs down the road to replace batteries (the ones spec's are Lifepo4 with a 10 year warranty) and I'll probably also need to replace my XW-6448 and other components down the road... I'm not expecting 10 years out of the batteries although it would be nice but hopefully by the time they need to be replaced we will continue to see prices drop.
Either way I'm laying out a good amount of cash so that I'm not sitting in the dark which I'm fine with but like with any large purchase you always want to make the best educated decision possible. I probably need a crystal ball but any input / thoughts would be appreciated.
So this has me second guessing my decision to go fully off-grid.... Is there a good method to calculate when it makes sense to go off grid when grid power is available?
Here is my scenario in rough #s:
Cost for the Off-Grid System: $38,000
Tax Credit (ITC) - $11,400
Total Off-grid after ITC: $26,600
Cost to run electric to the home: $22,000
So after the ITC I'm looking at an initial start up cost difference of $4600. Other factors if I go on grid is the utility costs are currently at 29 cents per kWh (about 3-4 times higher than the US average) with a probable increase in 2017 to 36 cents per kWh.
I know I'll have to look at costs down the road to replace batteries (the ones spec's are Lifepo4 with a 10 year warranty) and I'll probably also need to replace my XW-6448 and other components down the road... I'm not expecting 10 years out of the batteries although it would be nice but hopefully by the time they need to be replaced we will continue to see prices drop.
Either way I'm laying out a good amount of cash so that I'm not sitting in the dark which I'm fine with but like with any large purchase you always want to make the best educated decision possible. I probably need a crystal ball but any input / thoughts would be appreciated.
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