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#1
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Has anyone done DIY solar panel installation? Do federal and state
subsidies and credits still apply for DIY solar install? I live in central NJ and researching possibility of solar panel. I am not driven by green paranoia, only by economics. So if economics does not deliver I will not do it. From what I read and heard multiple times if solar panels are installed by a pro even with all subsidies and credits it is still very bad economic deal and it takes zillion years to recoup huge investment. What I thought is good portion of this cost is installation and if I can install them myself I could make numbers align better. Any info on DIY solar install and personal experience would be greatly appreciated. |
#2
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On May 29, 6:52*am, ls02 wrote:
Has anyone done DIY solar panel installation? Do federal and state subsidies and credits still apply for DIY solar install? I live in central NJ and researching possibility of solar panel. I am not driven by green paranoia, only by economics. So if economics does not deliver I will not do it. From what I read and heard multiple times if solar panels are installed by a pro even with all subsidies and credits it is still very bad economic deal and it takes zillion years to recoup huge investment. What I thought is good portion of this cost is installation and if I can install them myself I could make numbers align better. Any info on DIY solar install and personal experience would be greatly appreciated. What kind of solar panel? Electricity generation, preheat hot water,????? |
#3
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On May 29, 9:22*am, "hr(bob) "
wrote: On May 29, 6:52*am, ls02 wrote: Has anyone done DIY solar panel installation? Do federal and state subsidies and credits still apply for DIY solar install? I live in central NJ and researching possibility of solar panel. I am not driven by green paranoia, only by economics. So if economics does not deliver I will not do it. From what I read and heard multiple times if solar panels are installed by a pro even with all subsidies and credits it is still very bad economic deal and it takes zillion years to recoup huge investment. What I thought is good portion of this cost is installation and if I can install them myself I could make numbers align better. Any info on DIY solar install and personal experience would be greatly appreciated. What kind of solar panel? *Electricity generation, preheat hot water,????? Electricity. |
#4
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http://www.green-trust.org/
This guy has a lot of eperience in the field. -- Christopher A. Young Learn more about Jesus www.lds.org .. "ls02" wrote in message ... What kind of solar panel? Electricity generation, preheat hot water,????? Electricity. |
#5
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In article
, ls02 wrote: Has anyone done DIY solar panel installation? Do federal and state subsidies and credits still apply for DIY solar install? I live in central NJ and researching possibility of solar panel. I am not driven by green paranoia, only by economics. So if economics does not deliver I will not do it. From what I read and heard multiple times if solar panels are installed by a pro even with all subsidies and credits it is still very bad economic deal and it takes zillion years to recoup huge investment. What I thought is good portion of this cost is installation and if I can install them myself I could make numbers align better. Any info on DIY solar install and personal experience would be greatly appreciated. If you come to usenet through a newsreader instead of google, more people will see your post. Local codes vary. Around here, you can't get subsidies/rebates unless the equipment is on the approved list, and the installer is a licensed contractor on the approved list. Also, different utilities have different buy-back rates for grid-tied systems. You have a lot of homework to do, but installed "dollars per watt" are running about 10 here, while panel dollars per watt for self-installation are readily available for about 3. So theoretically you can bring the cost into the economically viable range by DIY. I'm reasonably sure that it's illegal everywhere for anyone other than a licensed electrician to actually tie your system to the grid. |
#6
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ls02 wrote:
Has anyone done DIY solar panel installation? Do federal and state subsidies and credits still apply for DIY solar install? I live in central NJ and researching possibility of solar panel. I am not driven by green paranoia, only by economics. So if economics does not deliver I will not do it. From what I read and heard multiple times if solar panels are installed by a pro even with all subsidies and credits it is still very bad economic deal and it takes zillion years to recoup huge investment. What I thought is good portion of this cost is installation and if I can install them myself I could make numbers align better. Any info on DIY solar install and personal experience would be greatly appreciated. Most federal and state incentives are for the purchase, not the installation. So you can do it yourself. I got tax deductions for my replacement windows and biomass pellet stove and did it myself. When I do solar water and electric I will do it myself. Some low income weatherization and insulation installations may be subsidized though. -- LSMFT I haven't spoken to my wife in 18 months. I don't like to interrupt her. |
#7
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On May 29, 4:52*am, ls02 wrote:
Has anyone done DIY solar panel installation? Do federal and state subsidies and credits still apply for DIY solar install? I live in central NJ and researching possibility of solar panel. I am not driven by green paranoia, only by economics. So if economics does not deliver I will not do it. From what I read and heard multiple times if solar panels are installed by a pro even with all subsidies and credits it is still very bad economic deal and it takes zillion years to recoup huge investment. What I thought is good portion of this cost is installation and if I can install them myself I could make numbers align better. Any info on DIY solar install and personal experience would be greatly appreciated. Please remember that solar panels have about a twenty year life span. After twenty years you will need to buy new ones. |
#8
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Has anyone done DIY solar panel installation? Do federal and state
subsidies and credits still apply for DIY solar install? I live in central NJ and researching possibility of solar panel. I am not driven by green paranoia, only by economics. So if economics does not deliver I will not do it. From what I read and heard multiple times if solar panels are installed by a pro even with all subsidies and credits it is still very bad economic deal and it takes zillion years to recoup huge investment. What I thought is good portion of this cost is installation and if I can install them myself I could make numbers align better. Any info on DIY solar install and personal experience would be greatly appreciated. *I am an electrical contractor in NJ. I am currently not promoting the installation of photovoltaic panels through my business. I have taken some classes and talked with several installers of solar panels and have not become convinced it is something that everyone should have. With rebates and tax credits it can almost make economic sense for an average homeowner, but you need to look at the big picture. Where will you install the panels? Not every roof can withstand the extra weight. What will you do when the roof needs replacing? How will you keep the panels clean? Will replacement parts be available as well as someone to repair the system after a few years? Will you be living in your house long enough to realize a payback? Is this something that will affect the value of your house one way or another? Will the panels look attractive? Since you plan to do the work yourself, do you have any experience working with live electricity? The panels start putting out juice as soon as they are exposed to daylight. I have been hearing Trinity Solar in NJ advertise free installation. Give them a call and see what that is about. I personally believe that you will get a better and faster payback with insulation which includes windows, doors, caulking and sealing and by improving energy efficiency. I've noticed that a number of customers are going for window replacement due to tax credits. The solar fallacy sort of follows the same thinking as purchasing your own home is a good investment. Of course your home will appreciate in value over time. However when you add up the interest paid on the mortgage, the taxes, insurance, maintenance and upkeep as well as the purchasing and selling costs it can actually be a loss. |
#9
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John Grabowski wrote:
Has anyone done DIY solar panel installation? Do federal and state subsidies and credits still apply for DIY solar install? I live in central NJ and researching possibility of solar panel. I am not driven by green paranoia, only by economics. So if economics does not deliver I will not do it. From what I read and heard multiple times if solar panels are installed by a pro even with all subsidies and credits it is still very bad economic deal and it takes zillion years to recoup huge investment. What I thought is good portion of this cost is installation and if I can install them myself I could make numbers align better. Any info on DIY solar install and personal experience would be greatly appreciated. *I am an electrical contractor in NJ. I am currently not promoting the installation of photovoltaic panels through my business. I have taken some classes and talked with several installers of solar panels and have not become convinced it is something that everyone should have. With rebates and tax credits it can almost make economic sense for an average homeowner, but you need to look at the big picture. Where will you install the panels? Not every roof can withstand the extra weight. What will you do when the roof needs replacing? How will you keep the panels clean? Will replacement parts be available as well as someone to repair the system after a few years? Will you be living in your house long enough to realize a payback? Is this something that will affect the value of your house one way or another? Will the panels look attractive? Since you plan to do the work yourself, do you have any experience working with live electricity? The panels start putting out juice as soon as they are exposed to daylight. I have been hearing Trinity Solar in NJ advertise free installation. Give them a call and see what that is about. I personally believe that you will get a better and faster payback with insulation which includes windows, doors, caulking and sealing and by improving energy efficiency. I've noticed that a number of customers are going for window replacement due to tax credits. The solar fallacy sort of follows the same thinking as purchasing your own home is a good investment. Of course your home will appreciate in value over time. However when you add up the interest paid on the mortgage, the taxes, insurance, maintenance and upkeep as well as the purchasing and selling costs it can actually be a loss. You've been warned before about speaking with common sense on here..... -- aem sends... |
#10
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Has anyone done DIY solar panel installation? Do federal and state
subsidies and credits still apply for DIY solar install? I live in central NJ and researching possibility of solar panel. I am not driven by green paranoia, only by economics. So if economics does not deliver I will not do it. From what I read and heard multiple times if solar panels are installed by a pro even with all subsidies and credits it is still very bad economic deal and it takes zillion years to recoup huge investment. What I thought is good portion of this cost is installation and if I can install them myself I could make numbers align better. Any info on DIY solar install and personal experience would be greatly appreciated. *I am an electrical contractor in NJ. I am currently not promoting the installation of photovoltaic panels through my business. I have taken some classes and talked with several installers of solar panels and have not become convinced it is something that everyone should have. With rebates and tax credits it can almost make economic sense for an average homeowner, but you need to look at the big picture. Where will you install the panels? Not every roof can withstand the extra weight. What will you do when the roof needs replacing? How will you keep the panels clean? Will replacement parts be available as well as someone to repair the system after a few years? Will you be living in your house long enough to realize a payback? Is this something that will affect the value of your house one way or another? Will the panels look attractive? Since you plan to do the work yourself, do you have any experience working with live electricity? The panels start putting out juice as soon as they are exposed to daylight. I have been hearing Trinity Solar in NJ advertise free installation. Give them a call and see what that is about. I personally believe that you will get a better and faster payback with insulation which includes windows, doors, caulking and sealing and by improving energy efficiency. I've noticed that a number of customers are going for window replacement due to tax credits. The solar fallacy sort of follows the same thinking as purchasing your own home is a good investment. Of course your home will appreciate in value over time. However when you add up the interest paid on the mortgage, the taxes, insurance, maintenance and upkeep as well as the purchasing and selling costs it can actually be a loss. You've been warned before about speaking with common sense on here..... *Sorry :-) |
#11
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John Grabowski wrote:
The solar fallacy sort of follows the same thinking as purchasing your own home is a good investment. Of course your home will appreciate in value over time. However when you add up the interest paid on the mortgage, the taxes, insurance, maintenance and upkeep as well as the purchasing and selling costs it can actually be a loss. You have completely discounted the value of "feeling good about saving the environment." While admittedly this is hard to quantify, contentment is often a high-priced item. For those for whom intent trumps results, solar panels would be a good deal at twice the price. |
#12
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"HeyBub" wrote in
: You have completely discounted the value of "feeling good about saving the environment." While admittedly this is hard to quantify, contentment is often a high-priced item. For those for whom intent trumps results, solar panels would be a good deal at twice the price. Nobody can predict the future price of electricity. I can hardly think the price would come down. So that is another imponderable. -- Best regards Han email address is invalid |
#13
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The solar fallacy sort of follows the same thinking as purchasing
your own home is a good investment. Of course your home will appreciate in value over time. However when you add up the interest paid on the mortgage, the taxes, insurance, maintenance and upkeep as well as the purchasing and selling costs it can actually be a loss. You have completely discounted the value of "feeling good about saving the environment." While admittedly this is hard to quantify, contentment is often a high-priced item. For those for whom intent trumps results, solar panels would be a good deal at twice the price. *I also did not consider bragging rights. I am not familiar with the manufacturing process for solar panels, but I would think that the factory uses electricity (Solar?) and other utilities for lighting, heat, computers etc. Then there's the diesel trucks that deliver the panels to a warehouse and get unloaded by a forklift. Then a local gas or diesel powered truck delivers them to the end user. How many trees were cut down for the factory and warehouse to be built? How much wildlife was displaced to make room for the parking lots and driveways? How much fertilizer will be put down on the factory lawn and garden to make it look pretty? My personal opinion is that the only way to really save the environment and live in harmony with it is to stop population growth. There are too many people living on this planet sucking the life out of it. Unfortunately our economic system depends on growth and expansion. We bank on that premise. |
#14
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![]() "John Grabowski" wrote in message ... My personal opinion is that the only way to really save the environment and live in harmony with it is to stop population growth. There are too many people living on this planet sucking the life out of it. Unfortunately our economic system depends on growth and expansion. We bank on that premise. Why stop there? Why not kill everyone so that the Earth may once again be its own native, non-exploited, pollution free environment where all life lives in peaceful harmony with one another. It's a picture perfect utopia. Hell, even the microbes and various other parasites will stop being what they are once the evil human influence is gone. No more ice ages. No more mega volcanoes. I bet the comets and large asteroids will steer clear of the Earth, too. What bliss... |
#15
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"MIB" wrote in message
news ![]() "John Grabowski" wrote in message ... My personal opinion is that the only way to really save the environment and live in harmony with it is to stop population growth. There are too many people living on this planet sucking the life out of it. Unfortunately our economic system depends on growth and expansion. We bank on that premise. Why stop there? Why not kill everyone so that the Earth may once again be its own native, non-exploited, pollution free environment where all life lives in peaceful harmony with one another. Not a bad idea. But all good ideas need testing. Let's start with lawyers, pols, CEO's, and investment bankers, and see what happens. -- EA It's a picture perfect utopia. Hell, even the microbes and various other parasites will stop being what they are once the evil human influence is gone. No more ice ages. No more mega volcanoes. I bet the comets and large asteroids will steer clear of the Earth, too. What bliss... |
#16
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In article ,
"John Grabowski" wrote: My personal opinion is that the only way to really save the environment and live in harmony with it is to stop population growth. There are too many people living on this planet sucking the life out of it. Unfortunately our economic system depends on growth and expansion. We bank on that premise. While channel surfing the other day I happened upon an author being interviewed; apparently his book had just been published. He says the population is due to stabilize in a few years. Worldwide, women are having half as many kids as their mothers did. He stressed that this isn't just a worldwide average, but a phenomena that is happening all over the world, in all cultures. |
#17
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"John Grabowski" wrote in message
... The solar fallacy sort of follows the same thinking as purchasing your own home is a good investment. Of course your home will appreciate in value over time. However when you add up the interest paid on the mortgage, the taxes, insurance, maintenance and upkeep as well as the purchasing and selling costs it can actually be a loss. You have completely discounted the value of "feeling good about saving the environment." While admittedly this is hard to quantify, contentment is often a high-priced item. For those for whom intent trumps results, solar panels would be a good deal at twice the price. *I also did not consider bragging rights. I am not familiar with the manufacturing process for solar panels, but I would think that the factory uses electricity (Solar?) and other utilities for lighting, heat, computers etc. Then there's the diesel trucks that deliver the panels to a warehouse and get unloaded by a forklift. Then a local gas or diesel powered truck delivers them to the end user. How many trees were cut down for the factory and warehouse to be built? How much wildlife was displaced to make room for the parking lots and driveways? How much fertilizer will be put down on the factory lawn and garden to make it look pretty? Solar cell manufacture or any semi-conductor mfr is one of the "filthiest" industrial process on the planet, which is why most of it is made in asia. I don't know if the EPA would even allow those plants in Merka. My personal opinion is that the only way to really save the environment and live in harmony with it is to stop population growth. There are too many people living on this planet sucking the life out of it. Unfortunately our economic system depends on growth and expansion. We bank on that premise. A super-excellent point. Our economies, by mere dint of the demand that they constantly grow and expand, makes them *by definition* ponzi schemes. The words "equilibrium" or "sustainable" or "steady state" -- or, in thermodynamic parlance, "reversible" -- are sacriligious concepts today. Why? Because the puppeteers of the world just make mo' money, mo' money, and mo' money off the resulting ponzi frenzy. The '50s, 60s are long gone, along with analog. Digitalization is the ass****ing of the (m)asses. The best you (plural you) can hope to do is find a longterm supply of vaseline. Might I suggest mixing in some Vits A and E.... -- EA |
#18
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On Sun, 30 May 2010 14:10:21 -0400, "Existential Angst"
wrote Re DIY solar panel install: My personal opinion is that the only way to really save the environment and live in harmony with it is to stop population growth. There are too many people living on this planet sucking the life out of it. Unfortunately our economic system depends on growth and expansion. We bank on that premise. A super-excellent point. Our economies, by mere dint of the demand that they constantly grow and expand, makes them *by definition* ponzi schemes. The words "equilibrium" or "sustainable" or "steady state" -- or, in thermodynamic parlance, "reversible" -- are sacriligious concepts today. Why? Because the puppeteers of the world just make mo' money, mo' money, and mo' money off the resulting ponzi frenzy. Exactly. -- Work is the curse of the drinking class. |
#19
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On May 30, 2:10*pm, "Existential Angst"
wrote: "John Grabowski" wrote in message ... The solar fallacy sort of *follows the same thinking as purchasing your own home is a good investment. Of course your home will appreciate in value over time. *However when you add up the interest paid on the mortgage, the taxes, insurance, maintenance and upkeep as well as the purchasing and selling costs it can actually be a loss. You have completely discounted the value of "feeling good about saving the environment." While admittedly this is hard to quantify, contentment is often a high-priced item. For those for whom intent trumps results, solar panels would be a good deal at twice the price. *I also did not consider bragging rights. *I am not familiar with the manufacturing process for solar panels, but I would think that the factory uses electricity (Solar?) and other utilities for lighting, heat, computers etc. *Then there's the diesel trucks that deliver the panels to a warehouse and get unloaded by a forklift. *Then a local gas or diesel powered truck delivers them to the end user. *How many trees were cut down for the factory and warehouse to be built? *How much wildlife was displaced to make room for the parking lots and driveways? *How much fertilizer will be put down on the factory lawn and garden to make it look pretty? Solar cell manufacture or any semi-conductor mfr is one of the "filthiest" industrial process on the planet, which is why most of it is made in asia.. I don't know if the EPA would even allow those plants in Merka. As usual, more nonsense. Semiconductor plants have existed for decades in the US and Europe easily meeting all environmental regulations. As an example, Intel has major fabs located in the USA in AZ, NM and OR. They also have them located in Ireland and Israel. Their competitor AMD, built a huge facility in Germany. Hardly locations that let you spew toxins into the environment. The fact that more plants today are being built in Asia is more a function of tax policies, incentives and labor costs as opposed to environmental issues. That's exactly what drove Intel to stop building new fabs in CA and to shift to othe locations in the USA and abroad. My personal opinion is that the only way to really save the environment and live in harmony with it is to stop population growth. *There are too many people living on this planet sucking the life out of it. Unfortunately our economic system depends on growth and expansion. *We bank on that premise. A super-excellent point. * Our economies, by mere dint of the demand that they constantly grow and expand, makes them *by definition* ponzi schemes. The words "equilibrium" or "sustainable" or "steady state" -- or, in thermodynamic parlance, "reversible" -- are sacriligious concepts today. Why? *Because the puppeteers of the world just make mo' money, mo' money, and mo' money off the resulting ponzi frenzy. The '50s, 60s are long gone, along with analog. Digitalization is the ass****ing of the (m)asses. The best you (plural you) can hope to do is find a longterm supply of vaseline. *Might I suggest mixing in some Vits A and E.... -- EA- Hide quoted text - - Show quoted text - |
#20
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John Grabowski wrote:
My personal opinion is that the only way to really save the environment and live in harmony with it is to stop population growth. There are too many people living on this planet sucking the life out of it. Unfortunately our economic system depends on growth and expansion. We bank on that premise. Nah, there aren't too many people. If all the folks on earth were stacked up like cordwood, they would fit in a cubic mile. If everybody on the planet migrated to the state of West Virginia, they would not exceed the population density of Hong Kong. And who wants to "live in harmony" with nature? In nature there are ants and other creepy things. But, in a way, we are in harmony with nature. I can't name a single organism that voluntarily limits its growth by not reproducing. |
#21
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HeyBub wrote:
John Grabowski wrote: My personal opinion is that the only way to really save the environment and live in harmony with it is to stop population growth. There are too many people living on this planet sucking the life out of it. Unfortunately our economic system depends on growth and expansion. We bank on that premise. Nah, there aren't too many people. If all the folks on earth were stacked up like cordwood, they would fit in a cubic mile. If everybody on the planet migrated to the state of West Virginia, they would not exceed the population density of Hong Kong. And who wants to "live in harmony" with nature? In nature there are ants and other creepy things. I appreciate the humo(u)r. But, in a way, we are in harmony with nature. I can't name a single organism that voluntarily limits its growth by not reproducing. There lies our problem! |
#22
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"HeyBub" wrote in message
m... John Grabowski wrote: My personal opinion is that the only way to really save the environment and live in harmony with it is to stop population growth. There are too many people living on this planet sucking the life out of it. Unfortunately our economic system depends on growth and expansion. We bank on that premise. Nah, there aren't too many people. If all the folks on earth were stacked up like cordwood, they would fit in a cubic mile. What about their SUVs? Etc. If everybody on the planet migrated to the state of West Virginia, they would not exceed the population density of Hong Kong. And who wants to "live in harmony" with nature? In nature there are ants and other creepy things. But, in a way, we are in harmony with nature. I can't name a single organism that voluntarily limits its growth by not reproducing. The SUV thing again.... -- EA |
#23
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On May 29, 4:51*pm, "John Grabowski" wrote:
Has anyone done DIY solar panel installation? Do federal and state subsidies and credits still apply for DIY solar install? I live in central NJ and researching possibility of solar panel. I am not driven by green paranoia, only by economics. So if economics does not deliver I will not do it. From what I read and heard multiple times if solar panels are installed by a pro even with all subsidies and credits it is still very bad economic deal and it takes zillion years to recoup huge investment. What I thought is good portion of this cost is installation and if I can install them myself I could make numbers align better. Any info on DIY solar install and personal experience would be greatly appreciated. *I am an electrical contractor in NJ. *I am currently not promoting the installation of photovoltaic panels through my business. *I have taken some classes and talked with several installers of solar panels and have not become convinced it is something that everyone should have. I agree, they are not for everyone. *With rebates and tax credits it can almost make economic sense for an average homeowner, but you need to look at the big picture. * With tax credits and incentives I think it already does make economic sense for an average homeowner. Where will you install the panels? That's critical. South facing is the best location. Next would be West or East with a 15 or 20% reduction in output. Not every roof can withstand the extra weight. * I'm sure that's a possibility in some cases, but plenty of them are going up fully permitted and inspected on ordinary roofs. What will you do when the roof needs replacing? * That's a valid issue. Clearly they are best suited to a new roof, as the panels are generally warranteed for 25 years so the lifespans are in the same range, at least with a shingle roof. How will you keep the panels clean? Manufacturers recommend cleaning them off with a hose a couple times a year, if possible. If you don't the output will be reduced, but not by a huge amount. *Will replacement parts be available as well as someone to repair the system after a few years? As long as you buy the panels from a major manufacturer that should not be a problem. *Will you be living in your house long enough to realize a payback? Is this something that will affect the value of your house one way or another? *Will the panels look attractive? If the panels are installed on the back of the house or alternatively on a side not highly visible from the street, I don't think there is any question that it adds value to the house and you will likely get back most if not all of what the system cost. I'd certainly pay more for a house with solar, knowing I get close to free electric. On the other hand, if you had to install them on the roof facing the street, I think they look like hell and at best it probably doesn't add value to the house and could decrease it. Also, mounting them on the ground can be an option in some cases. *Since you plan to do the work yourself, do you have any experience working with live electricity? *The panels start putting out juice as soon as they are exposed to daylight. An interesting point, but I don't see that as a big issue. Just put a temporary cover on them. I think a bigger issue is getting the install done right, which involves a lot: Making sure the panels are oriented optimally. Correctly sizing the system. Installing them so that you don't wind up with leaks Installing them so the warranty remains intact is critical and I would suspect many of the companies will require professional installation to honor the warranty. Complying with all the electric code issues in hooking up to the grid. In short, I do a lot of my own work, but this is one thing I would not attempt to do myself. I have been hearing Trinity Solar in NJ advertise free installation. *Give them a call and see what that is about. HD also runs seminars with their local installers using BP panels. The seminar is about an hour and a good forum to get basic info and ask questions. Even better, I'd find some local folks who have had one installed for a year or more and ask them questions. I personally believe that you will get a better and faster payback with insulation which includes windows, doors, caulking and sealing and by improving energy efficiency. *I've noticed that a number of customers are going for window replacement due to tax credits. Could be true, but then for many people it's not an either/or situation. The solar fallacy sort of *follows the same thinking as purchasing your own home is a good investment. Of course your home will appreciate in value over time. *However when you add up the interest paid on the mortgage, the taxes, insurance, maintenance and upkeep as well as the purchasing and selling costs it can actually be a loss. If you do the actual numbers in NJ, which is one of the most solar friendly states and use reasonable assumptions, solar electric comes out a winner for the homeowner. However, that is only because of the subsidies from the govt, which the rest of us wind up paying. A 6.5 Kwatt system runs about $48K installed. You get a fed tax credit of 30% which effectively knocks $14K off the price.. NJ also has a program than can kick in maybe another $7K, but the program is a real cluster f***. There isn't enough money, so every 4 months they take applications for new systems. You have to get the application approved BEFORE you can install the system. In May, they had thousands of apps the first day they were open to receive them and then within a day closed the window and stopped taking apps and you are left to start all over. The application is extensive and must include a signed contract with the installer, etc. How many times you or the installer want to try to play that game is questionable. So, for practical purposes, your probability of getting that one seems low. However, the utilities have to meet a goal of getting to 20% renewable by 2020. So they are buying renewable energy credits from homeowners which count toward that goal. You get one for every 1000 KWH that your system generates, regardless of whether you use it or some or all of it goes into the grid. The value of the credits is set by auction/ trading based on how badly the electric companies need them. Currently they were going for about $550. At that price, the system gets you about $4k a year in cash, which is a major component in making it viable. That 6.5KW system will also reduce a $140 a month bill close to zero. If you factor all that together, figure that you finance the system with a home equity loan that is tax deductible, depreciate it over 25 years, add in $500 a year in maintenance, etc, you can run the numbers, but IMO you come out way ahead. One other interesting factor to consider, that you might not expect, is that in the case of a black out, you will still not have power to the house unless you also install a battery array. If the grid goes down, so does the system. I haven't heard a good technical explanation of why, but I believe it's due to the fact that the system needs something to balance it out. For example, if it were stand alone and a cloud came by, you could have a brownout situation which could damage devices in the house using the electricity. As a disclaimer, I'm not an expert at any of this. All of the above is based on what I've learned so far looking into it myself. |
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This was helpful for me....
My favorite Renewable Energy project was easy after this : http://renewablesolarenergy.water101...x/?page_id=128 |
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