Yes, most people use less than that (around half, at least during non summer months), and pay twice as much. So yes, solar would be a good thing for the average homeowning family. It isn't really all that difficult to find this information out either. Just do a little research.
Wow. Yeah, if my electric bill was 4x what it currently is, solar might make sense. I'm glad its not. Had no idea people paid so much, considering the average price of electricity is only 13c per kilowatt hour and not 32 cents where a solar system starts to make sense...
Wait, if they are paying $150 a month. at 13c per kwh, then they are using almost 40kwh per month, that a 10kw system wouldn't reliably cover... much less have any excess to sell... same situation I'm in... your math is wonky... It doesn't come close to working.Most people don't need that much most months. Most people average less than 9kW for 9 months out of the year. Even my family could use the 10kW and we have two teens, and 3 adults working from home.
What is the Average Electricity Bill for a 3-Bedroom House?
Do you know the average electricity bill for a 3-bedroom house? Are you over-paying? Learn how to save money at Crafts & Bolts!www.craftsandbolts.com
This means that even for a 4 bedroom home, they are paying about $150 per month. That is $1800 per year, which means the system is paid for just in savings from electricity in about 12 years, less if they make the house more energy efficient and possibly sell back at a net profit.
I did not get the system installed, the high efficiency AC was both needed and a produced better savings.
I was just wondering who told you a 5kw system would save you $1,000 a year. That would put your electricity prices at about 10x the national average of the United States, and significantly higher than any place on planet Earth.
Yes, it makes zero sense if the goal is to save money. At this point, people are much better off investing that 20k than sinking it into solar panels and hoping just to break even over a decade later.
I think it was based on the average number of Kwh generated per month at my Latitude.
Well I am not sure why
Modern society would function just fine with very, very little air travel.
That's an excellent point. Investing $20k doubles (pays for itself) in 10 years, at even low average interest rates. And doubles, again, to $80 k in 20 years. Leaving it invested for 20 years at 10% nets over $140 k. Very good point.
The point is not just to make money/save money, but to also help the environment and to reduce the load on the electric system. And again, $20k is about the cost of the system which lasts for about 20-25 years.
The funny thing about all these proposed efforts to save the planet is that most people can’t afford them. $20K is on the low end and, on average, that will only buy you a 7Kw system that degrades every year. The technology doesn’t exist for solar to be practical and accessible.
No, that is the average and I posted it for solar panels. And if you own a home, that isn't that hard to get a loan for that amount for such a renovation. It also does not significantly degrade to needing replaced (having a noticeable effect on your system/power supply) for 20-25 years (I posted links regarding this). Many people have had solar for decades now. People in Washington state, near Seattle, have been selling back their power to the companies there (I know because I know some of the shipyard workers who had solar panels installed out there).
Do you believe that energy prices stay constant over time too? And the average homeowners need about the 10kW system, not the 20kW system.
www.paradisesolarenergy.com
I think you should be realistic. The vast majority of Americans have less than $1,000 in savings. That means the vast majority of Americans cannot afford the upfront average $28,100 cost of a 10Kw system. And for what? You want people to incur debt to pay for it so they have another bill every month? They’ll be paying more in interest alone on the loan they took out to pay for it than they’ll save in electric costs and they’ll never even break even.Do you believe that energy prices stay constant over time too? And the average homeowners need about the 10kW system, not the 20kW system.
Degradation is about 1% each year. Not a major degradation and they last at least as long as I posted.
How Long Do Solar Panels Last? Solar Panel Degradation Explained
Learn about the lifespan of solar panels, degradation factors, and how to extend their life in this informative blog.
STAT FAQs Part 2: Lifetime of PV Panels
The Solar Technical Assistance Team (STAT) receives many interesting and broadly applicable questions from state and local governments. The STAT FAQs blog series will highlight pertinent information as it relates to questions STAT receives. The focus of Part 2 in the series is the productive...www.nrel.gov
And they appear to come with about a 20-25 year warranty, which means they are making a promise on certain level of output.
How Long Do Solar Panels Last? Solar Panel Lifespan 101
The lifetime of solar panels impacts your savings. We answer the question "how long do solar panels last" and what it means for you.news.energysage.com
You can easily pay for those panels in that time frame.
Yes, nothing and no one travels the globe without airplanes today.. . SMH. Life would be basically uninterrupted for the vast majority of people without air travel. And much improved for most.
I disagree in a sense, we can have it all!
Zero percent of the renewable energy produced in Texas will be transported to the Eastern seaboard, and thus the risks of a similar issue of trans regional disruption are low. I don't think that will change.
Oh. Well then that should be the argument, since economically speaking it doesn't seem to work out except at the very best case scenarios.
The pipeline takes tanker trucks off the road. Anyone who cares about the environment would support the pipeline; it's the lesser evil.
Politico | Major US fuel pipeline forced to shut down after cyberattack
Colonial Pipeline said it was the ‘victim of a cybersecurity attack’ and that in response it took its systems offline.www.scmp.com
The main fuel supply line to the US East Coast has shut down indefinitely after the pipeline‘s operator suffered what is believed to be the largest successful cyberattack on oil infrastructure in the country’s history – presenting a danger of spiking petrol prices and a fresh challenge to US President Joe Biden’s pledges to secure the nation against threats.
- The Colonial Pipeline ships petrol and jet fuel from the Gulf coast of Texas to the populous East Coast
- Joe Biden received a briefing on the incident on Saturday morning, a White House spokesperson said
The attack on the Colonial Pipeline, which runs 5,500 miles and provides nearly half the petrol, diesel and jet fuel used on the East Coast, most immediately affected some of the company’s business-side computer systems – not the systems that directly run the pipelines themselves. The Georgia-based company said it shut down the pipelines as a precaution and has engaged a third-party cybersecurity firm to investigate the incident, which it confirmed was a ransomware attack. It first disclosed the shutdown late Friday and said it has also contacted law enforcement and other federal agencies.
============================================================================
Many of these pipelines were built around 1942 so oil shipments from TX would not have to travel by sea to the refiniries across from NYC. , a big problem with the U-boats. I used to live near one in central NJ. Vast operation over 5K miles long.
We aren't talking about the vast majority of Americans, those living in rentals or apartments or other places. The original post was about new homes being built with solar panels and people fixing up their homes with solar panels. If you have any amount of equity in your home as a homeowner, then you can take out a loan to get solar panels installed without much effort.