Question by save energy and money dot com: Who really wants to save on their electric bill by using solar or wind turbine?
Hello; There are many states that have grants and / or enticements to go to solar or wind turbines to help defray the cost of these technologies. I hear you people talking but when are you going to do something about it?
Best answer:
Answer by Isaac Horwitz
π I think a lot of states have wind turbines, and some houses are solar… people are doing stuff about it and the costs are handled, because it is saving electricity.
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Eric says:
September 16, 2011 at 1:50 am (UTC 0)
I did do something about it, I put a 2.53kW solar array on my house last summer.
You can see how it’s doing here:
http://enlighten.enphaseenergy.com/public/systems/3XLe4889
This month has been very snowy & overcast so not a ton of production lately, but overall I’ve been extremely pleased with the performance.
I’d encourage anyone interested in solar to look up what incentives may be available at http://www.dsireusa.org and get a quote from an installer, you may be surprised at how the cost has come down lately.
@Larry – I didn’t tax you, I diverted a portion of my own tax money for my own uses. Your taxes went to the military or nuclear subsidies or elsewhere, don’t worry π
βββββθι‘α¦ ΟΰΈ’tΡΡδΎεβββββ says:
September 16, 2011 at 2:04 am (UTC 0)
http://www.youtube.com/watch?v=Ke_-xu-aXSI&feature=mfu_in_order&list=UL
I DO!!!! =P
Larry Lawrence says:
September 16, 2011 at 2:57 am (UTC 0)
“There are many states that have grants and / or enticements…”
So, you want to tax ME to pay for YOUR windmills?
Do I have a say in that?
roderick_young says:
September 16, 2011 at 3:32 am (UTC 0)
Even without the state incentive, it’s a good deal where I live, with the Federal Tax Credit alone.
In 2006, I put in our 3 kW array for $ 12,000 net. With today’s prices and the federal incentive, the same thing would have costed $ 6,000 today. I have no regrets, though. I just went to check the inverter – it’s putting out better than 2 kW at the moment, on this winter’s day near the solstice.
http://roderick.hostcell.net/solar/photovoltaic.html
Jon says:
September 16, 2011 at 4:22 am (UTC 0)
Ditto. Putting a system on my Massachusetts home. I see a huge increase in the number of installations here. I think a lot of people are doing something about it.
Quilting with Malke says:
September 16, 2011 at 5:15 am (UTC 0)
(I got this from my solar guy)
In New Jersey it’s a pretty good deal. I’m not making a political statement, just a financial one.
For Residential:
30% Federal Tax Credit
SRECs are good until 2026, currently selling at $ 655/SREC (which means for every 1MW produced). They are mandated by NJ State Law.
For Commercial:
30% Federal Grant
SRECs are good until 2026, currently selling at $ 655/SREC (which means for every 1MW produced). They are mandated by NJ State Law.
Accelerated Depreciation (allows you to depreciate 85%-100% of the cost of the system the first year)
The IRR is between 20-30%.
~~~~~~~~~~~
Good luck.
Amy says:
September 16, 2011 at 5:58 am (UTC 0)
I’m using solar to heat my house in Massachusetts! I have solar water heating collectors in the yard, they heat 120 gallons of water, and then that hot water is pumped through a fan coil heater in my living room. I also have a solar air heater that uses the sun to heat the air in a box on the wall, and that hot air is blown into my kitchen. All of this free heat keeps my very expensive to operate electric baseboard heaters from coming on except during a long stretch of bad weather.
So although I am not making my own electricity with solar, I am using much less electricity, which is a very efficient way to go!
You can see some of my projects at http://www.altestore.com/gallery/Amy-Beaudet-gallery/v/9358727169/amys_water/ and http://www.altestore.com/gallery/Amy-Beaudet-gallery/v/9358727169/solar+heat/