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Number crunching

Discussion in 'Fred's House of Pancakes' started by Leadfoot J. McCoalroller, Apr 22, 2022.

  1. Leadfoot J. McCoalroller

    Leadfoot J. McCoalroller Senior Member

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    Heey, congrats! welcome to the club.

    Ours is finally done, they debugged the last inverter string, finished a few minor details, cleaned up the yard and all.

    And just in the nick of time; I'm on my summer work tour and won't have a chance to really do anything at home until approximately Labor Day.

    So it's nice to look on the phone app and see the numbers counting up. I can already see that we are going to slightly miss the original production estimate, and I can also see why: one particular limb of a tree is throwing a little more shade than we anticipated. A fall project.
     
  2. Salamander_King

    Salamander_King Senior Member

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    Yeah, I had a few arborists give me a price on cutting down mature red maple tree on the SouthWest side of the roof. It is large enough such that during the growing season with foliage, it casts a shade on the corner of the roof. The garden is in full bloom right now, I am going to wait for the off-season to cut this tree down. Too large and too close to the house to DIY the felling. Hate to cut down healthy productive trees, especially paying a large sum of money.
     
    #402 Salamander_King, Jun 23, 2024 at 11:52 AM
    Last edited: Jun 23, 2024 at 11:59 AM
  3. Louis19

    Louis19 Active Member

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    I sincerely wish you the best of luck in your project
    I will follow your aventure in this thread
    Cheers
     
    Salamander_King likes this.
  4. Salamander_King

    Salamander_King Senior Member

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    The thing is, I have already established that solar panel is not the best investment in terms of ROI. And since it is a grid-tied system, even if I achieve the net zero generation, I am not energy independent. If our electricity rate is not double the US national average, or our monthly consumption is lower, then the solar panels would make very little sense economically. But, with my current projection, I should be able to break even within a reasonable time frame, or sooner if the electricity rate keeps going up as it has been in the last few years.

    At least, I am not paying any interest on solar financing. Or pay a monthly fee (equivalent to or slightly less than what I pay now to the utility) for the next 25 years on a solar power purchase agreement. I will own the system once installed. I just hope the system will perform as promised, and I will to able to save money in the long run. I will never get the satisfaction of being self-sufficient, but at least I can say I am contributing my share of green energy from our roof. The only thing is that I am likely causing an increase in the electricity rate which ratepayers are going to have to pay for. The current system is only helpful for those with resources. Those without resources are the ones who pay the most.

    I still want to build a tiny house for my retirement and live off-grid, but that requires much more commitment and determination to change my current lifestyle. Not sure if that works with my other half.
     
    Louis19 likes this.
  5. Leadfoot J. McCoalroller

    Leadfoot J. McCoalroller Senior Member

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    It wasn't so great for my parents.

    They inherited a little place on the beach that was never on the grid. I helped my dad install an offgrid solar power system, which has been expanded and tweaked several times over the past 37 years.

    The place always had some nice charm and some wonderful perks, but the severe limits of electrical availability was definitely a burden. I know my mother did not enjoy being there in her final years. Dad liked it more, and he wants me to take him back there sometime this summer, but even he is coming around to realize that it isn't very easy to deal with.

    I'd love to be able to say "oh, this stuff is cheaper/better now in modern times, I'll have a much better go at it than the previous generation," but enough other things have also changed that I'm not so certain it would hold true.


    EDIT adding:

    Keep in mind you've added a lot to the value of the current house, and younger buyers are going to value this upgrade more than others. Between that and the (currently very reasonable) expectation that retail electric prices are going to keep going up, you're likely to see some greater upside further along.
     
    #405 Leadfoot J. McCoalroller, Jun 23, 2024 at 7:02 PM
    Last edited: Jun 23, 2024 at 7:15 PM
  6. Salamander_King

    Salamander_King Senior Member

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    No doubt. We all lived our lives with constant lifestyle creep. Not many of us are willing to give up the convenience of always-on electricity. But if I am 20 years younger, and if my significant other is willing to endure the lifestyle of homesteaders, then I am certainly willing to give up the convenience of modern-day technologies. But it becomes only difficult or impossible as we age.
     
  7. Salamander_King

    Salamander_King Senior Member

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    Yeah, I've heard this line of thought, mostly as a "win-win" marketing catchphrase from solar companies. But, I largely dismiss it. It is very similar to any realtor saying certain remodeling adds "value" to the home. If the house is unaffordable for most young people now, how does adding more value to the home by installing solar panels thus increasing the sales price of the home make it more attractive to them? At best, if I try to sell my house at the same price as the other similar houses without solar in our area, then yes, our house is more marketable. But planning to recoup the installation cost of the solar 10-20 years later when we try to sell the house is wishful thinking, IMHO.