Hey Folks,
First, I'm in Tennessee and keenly interested in a 8.7kw system for my dead south, no shade, single array on my garage roof. A professional install doesn't make economic sense in my area (TVA). However, I can buy a complete system delivered from Renvu for $8,800. If I do the majority of labor myself (I really enjoy this kind of thing), add in some misc expenses, and pay my electrician friend something, I can come away with an installed system for $7,000 after fed tax rebate.
Tennessee is a buy all/sell all state and will pay me $0.09/kwh for 20 years. I created a 20-year cash flow table based on PVWatts data and a 0.80% panel degradation factor (Any more and it should be warrantied). Add in a new inverter at year 10 and I'm looking at just shy of a 13% IRR. Not bad especially for clean energy (a big plus in my opinion). So first question is- am I missing something in my analysis? I do expect to keep the house for the rest of our lives (which is, God willing, more than 20 years for one or both of us!).
Second, TVA requires a NABCEP associate holder or better installer. I feel entirely competent to design and install this myself with the help of my master electrician friend. It would be cost prohibitive to have someone do a turn-key install. All TVA needs is a copy of someone's certificate at application. TVA never inspects. Only the state inspector does. So I need to find someone who is willing to give my plan the once over and provide TVA their bona-fides in return for a couple hundred bucks give or take. For $500 I can take an online 18 hour course and take a test myself, but I'd rather not if I can help it. Has anyone run into this before particularly in TVA land?
Thanks
First, I'm in Tennessee and keenly interested in a 8.7kw system for my dead south, no shade, single array on my garage roof. A professional install doesn't make economic sense in my area (TVA). However, I can buy a complete system delivered from Renvu for $8,800. If I do the majority of labor myself (I really enjoy this kind of thing), add in some misc expenses, and pay my electrician friend something, I can come away with an installed system for $7,000 after fed tax rebate.
Tennessee is a buy all/sell all state and will pay me $0.09/kwh for 20 years. I created a 20-year cash flow table based on PVWatts data and a 0.80% panel degradation factor (Any more and it should be warrantied). Add in a new inverter at year 10 and I'm looking at just shy of a 13% IRR. Not bad especially for clean energy (a big plus in my opinion). So first question is- am I missing something in my analysis? I do expect to keep the house for the rest of our lives (which is, God willing, more than 20 years for one or both of us!).
Second, TVA requires a NABCEP associate holder or better installer. I feel entirely competent to design and install this myself with the help of my master electrician friend. It would be cost prohibitive to have someone do a turn-key install. All TVA needs is a copy of someone's certificate at application. TVA never inspects. Only the state inspector does. So I need to find someone who is willing to give my plan the once over and provide TVA their bona-fides in return for a couple hundred bucks give or take. For $500 I can take an online 18 hour course and take a test myself, but I'd rather not if I can help it. Has anyone run into this before particularly in TVA land?
Thanks
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