what i forgot to say was that i also included gas in that cost also, con edison bills me for gas and electric
Our last bill for two Months, was just about $85.
Apparently; we stumble around in the dark a lot!![]()
I got you beat by a little. May - August, my electric bill is usually less than $40.
Is that $40 per Month?
I'm pretty close; at $85 for TWO Months! :thumbup:
I was also under the impression that the power company also has to "buy back" any excess power that is generated by either wind or solar systems installed by a home owner.
That is true, but only once a year. The rest of the time you just keep building your "bank" and draw from it as needed. At the end of the year if their is anything in your "bank" they have to buy it back, but at slightly lower rate.
Sounds like a pretty sweet deal. If I could find a company willing to offer a package like that here in Houston, would be all over it. But the last quote we got for $45,000 up front cost and a 'written warranty' from a company that will be gone before the 20 yrs.....no thanks. Sounds like the terms are getting better and the long term lease contracts are getting more wide spread. Glad to hear it. Perhaps someday Houston too.
I got you beat by a little. May - August, my electric bill is usually less than $40.
Hi jockey,
Disclaimer: I am supporter of alternate sources of energy.
I found this earlier today on another forum:
New Study Shows Solar’s Value to Grid
Rhone Resch
July 09, 2014
If you listen to many utility executives, distributed solar energy has the potential to destabilize electrical grids and result in huge cost shifts for many American consumers. Well, as the Irish are fond of saying: blarney!
A new, independent study prepared for the Nevada Public Utilities Commission estimates that the grid benefits of rooftop solar systems installed in the state through 2016 will outweigh costs by more than $36 million, confirming that solar energy can provide real savings for both solar and non-solar customers alike.
According to San Francisco-based Energy + Environmental Economics (E3), the state’s net energy metering (NEM) program – which gives Nevada residents full credit on their energy bills for the clean electricity they deliver to the utility grid – has “no substantial cost shift to nonparticipants…given the current and proposed reforms to the program.” What’s more, accounting for the cost savings of avoided distribution upgrades, E3 estimates a net benefit of $166 million over the lifetime of solar systems installed through 2016.
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http://pucweb1.state.nv.us/...ENT/2013-7/39428.pdf
Jerry Baumchen
Ret'd. Mech. Engr.