Monke
Well-Known Member
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I'm thinking about getting solar. Here is my dilemma. We have free weekend energy and the total would be around 50% of our usage. Here is the approximate break down.
Total consumption per year 10,000kWh (5,000kWh @ $0.20 with all fees and 5,000kWh @ $0 (free and no fees))
We are planning to get 10,002 kWh from solar panels to offset our usage at $0.16 payout per kWh but we will be paying $100 per month for the panels. We will be loosing $0.04 per kWh and $100 per month for leasing.
Questions
1) Is this a good deal without including our free weekend? (Loosing $0.04 per kWh and paying $100 per month for leasing the panel)
2) Even though we use 10,000kWh but 5,000kWh are free. Will the 10,002kWh be a net sale at $0.16 per kWh or the 10,002kWh would be cancelling 10,000kWh usage first?
The solar salesman told me that buying contract has nothing to do with selling contract. That means we still have the same contract with our electric company but we will be getting $0.16 per kWh for the 10,002kWh. If this is the case, it would be similar to we are paying $0.04 for 5,000kWh instead of $0.20 and making $0.16 for 5,002kWh.
Thank you in advance for any help.
Total consumption per year 10,000kWh (5,000kWh @ $0.20 with all fees and 5,000kWh @ $0 (free and no fees))
We are planning to get 10,002 kWh from solar panels to offset our usage at $0.16 payout per kWh but we will be paying $100 per month for the panels. We will be loosing $0.04 per kWh and $100 per month for leasing.
Questions
1) Is this a good deal without including our free weekend? (Loosing $0.04 per kWh and paying $100 per month for leasing the panel)
2) Even though we use 10,000kWh but 5,000kWh are free. Will the 10,002kWh be a net sale at $0.16 per kWh or the 10,002kWh would be cancelling 10,000kWh usage first?
The solar salesman told me that buying contract has nothing to do with selling contract. That means we still have the same contract with our electric company but we will be getting $0.16 per kWh for the 10,002kWh. If this is the case, it would be similar to we are paying $0.04 for 5,000kWh instead of $0.20 and making $0.16 for 5,002kWh.
Thank you in advance for any help.
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