I'd go a step further and say that conservation and increased efficiency is almost always a better way to save money. Turning off unneeded loads, adding insulation, changing paint/windows, replacing old appliances etc is almost always the best approach at first. And if that doesn't provide enough savings, and they are in a good area for solar, _then_ solar might make sense. (And it will be cheaper to boot since it doesn't have to offset as much load any more.)
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To each their own. I have basically an average monthly bill in Florida of $200 and use less than 1900kWh a month. If I used 3800 kWh and spent over $500 for a bill I could also justify going with a solar pv installation. But again that is me and others may come up with different numbers and justifications.
Solar is not for everyone. Sometimes conservation is a better way to save money.Leave a comment:
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How much did I save? How many kWh did we use last month?
Am I doing this correctly.
Duke Power Usage 05/21/19 - 06/20/19 = 2038
Solar created(SolarEdge) 05/21/19 - 06/20/19 = 1540
Power sent to Duke this month = 245
Power in reserve at Duke on 05/21/19 = 495
Power in reserve at Duke on 06/20/19 = Zero
So as I calculate we used 2038 + 1540 - 245 + 495 = 3828 kWh
billing wise
First 1000 Energy Charge 1000 * .07633 = 76.33
Over 1000 Energy Charge 2828 * .09259 = 261.84
First 1000 Fuel Charge 1000 * .03698 = 36.98
Over 1000 Fuel Charge 2828 * .04698 = 132.86
Asset Securitization Charge 3828 * .00239 = 9.15
Total 517.15
Tax about 4.8% 517.15 * 1.048 = $542.22
without solar my bill would have been $542.22
with solar it was $170.79 + my loan of $258 = 428.79 (saved $113.43 this month)
but the "loan" includes more than just PV (new swimming pool pump/solar,etc) of about $50/month so I really saved more like $163 this month.
Yea, it's was a brutally hot May with little to no rain in FL.
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