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it's Official (an FYI)
so i'm told.....
the law was passed in mass...allowing you to sell your surplus electricity back to the power company that you create yourself using solar energy |
Not sure what is new, I've been doing Net:Net for over 3 years now: go Solar! I also get 6 cents KWH based on total production for Green Credits (called REC).
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I thought they always did that
with wind power also |
hmmm
i'll have to PUMP the ole lady for that intell ???? as she was the one to mention it to me
net net? |
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I do a monthly report for the REC production: total KWH * 6 cents. Payments made quarterly. |
oh yeah
spin the meter backwards !!!
yep ya turn it upside down is all :rotf2: |
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Got my letter today explaining the new pay out. It only applies to customers that generate more green electricity than they use from NGrid sources on a monthly basis (monthly meter reads). I never generate more electricity in a month than what I use so I am a net consumer of NGrid electrons not a net producer of solar electrons.
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it figures
that there'd be a little green CATCH to it :doh:
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Beside selling your energy back to the company you can also sell REC credits ( Renewable Energy Certificates - Wikipedia, the free encyclopedia ). For the last 3 years I've been getting 6 cents per KWH. The new rate 3 cents! I'm looking for a better offer than from MA Energy or not selling at all (maybe $15-25 per quarter at that rate).
Way to stimulate going GREEN! |
PRB, if you have room and the needed criteria to install solar, how long out
do you need to own your home to make it worthwhile for the investment? |
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I'd go with at least 8-10 yrs. That assumes a hefty increase in valuation of the home price due to the solar PV array. For my installation I was out-of-pocket over $18K. The attached Table shows calculated payback using only energy cost savings (at various KWH cost to you from electric co and REC (@$0.06KWH)). The red line is my actual. No depreciation or increase in house value included.
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PRB,
How many KW is your array? I've been thinking about putting a small array for a while now... Thanks, Mike |
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Thanks PRB, I was under the impression it was more like 15-20 years.
Nice looking unit you have there. :btu: |
Too bad we get most of our electricity from coal - I think if it was oil we'd see huge subsidies.
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What happens when it is time to reshingle the roof ? Are these panels easily removable, or is it a real PIA ?
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I had just put on new 40yr shingles several years prior. |
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Solar Shingles | Solar Times |
There are a lot more options maturing today than 3-5 years ago. Take the time to research the + and - of each system. Here's a quick link:
Solar Shingles | Home Technology | This Old House - 1 I just happen to use grosolar.com out of White River Jcn, VT |
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