I've learned lots reading on this site. Thanks to all who've posted. I have always thought solar wouldn't make sense for us because we've managed to lower our electricity use through other means. But with the possibility of the tax credit going away at the end of the year, I figured it's worth checking into. I guess it's now or never.
Our average monthly usage over the last year has been 640 KWH, and our average monthly bill $130. Of course it's much higher in the summer to cool our 3640 sq. ft. house.
We're looking to purchase (to take advantage of the tax credit), and we won't need to finance.
I got quotes from three companies today:
1- Capital City Solar- 14 Sunpower 327 watt panels with microinverters (4.58 KW total)- $21,288 (before tax credit)- estimated $0 monthly bill
2- Magic Sun Solar- 21 LG 285 watt panels with microinverters (5.985 KW total)- $19,362.77 (before tax credit)- estimated $24 monthly bill
3- Magic Sun Solar- 21 LG 320 watt panels with microinverters (6.72 KW total)- $22,512.00 (before tax credit)- estimated $11.61 monthly bill
4- Allphase Solar (young local company)- 17 Canadian Solar 290 watt panels with Optimizers (4.9 KW total)- $18,488 (before tax credit)- estimated $0 monthly bill
It seems to me that there is a large discrepancy in the size of the systems quoted, with the largest system not completely eliminating our average monthly bill. Is this because some systems are more efficient than others? Are Sunpower panels really that much more efficient? What can yo make of these numbers, and which looks the best to you?
Also, it looks like after the tax credit, our break even point will be somewhere around 8-10 years. Would that be good enough to make you pull the trigger?
Thanks!
Steve
Our average monthly usage over the last year has been 640 KWH, and our average monthly bill $130. Of course it's much higher in the summer to cool our 3640 sq. ft. house.
We're looking to purchase (to take advantage of the tax credit), and we won't need to finance.
I got quotes from three companies today:
1- Capital City Solar- 14 Sunpower 327 watt panels with microinverters (4.58 KW total)- $21,288 (before tax credit)- estimated $0 monthly bill
2- Magic Sun Solar- 21 LG 285 watt panels with microinverters (5.985 KW total)- $19,362.77 (before tax credit)- estimated $24 monthly bill
3- Magic Sun Solar- 21 LG 320 watt panels with microinverters (6.72 KW total)- $22,512.00 (before tax credit)- estimated $11.61 monthly bill
4- Allphase Solar (young local company)- 17 Canadian Solar 290 watt panels with Optimizers (4.9 KW total)- $18,488 (before tax credit)- estimated $0 monthly bill
It seems to me that there is a large discrepancy in the size of the systems quoted, with the largest system not completely eliminating our average monthly bill. Is this because some systems are more efficient than others? Are Sunpower panels really that much more efficient? What can yo make of these numbers, and which looks the best to you?
Also, it looks like after the tax credit, our break even point will be somewhere around 8-10 years. Would that be good enough to make you pull the trigger?
Thanks!
Steve
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