5 ms·
One man’s experience in DC (where the SRECs are crazy valuable): Installed 10Mwh system in 2021 for ~$40k. After federal tax credits, SREC earnings, reduction
by technotarek 3y ago
One man’s experience in DC (where the SRECs are crazy valuable):
Installed 10Mwh system in 2021 for ~$40k.
After federal tax credits, SREC earnings, reductions in electric bills, and payments from electric co for over production, we have $7k left to recoup in only 3 years. And that ignores savings from the gas we’re not spending on charging the PHEV.
I know it’s a luxury to have, but there’s also some pride value (clearly!). Fortunate circumstance if you’re in the right place and have the cash. I wish the investment was more broadly accessible.
- djaychela 3y ago10MWh?
- simonjgreen 3y agoSurely 10 kWh
- robin_reala 3y agoPresumably KWh? That’d be ~25 rather than ~25,000 panels.
- PaulKeeble 3y agoCould be an annual measure of expected output.
- midasuni 3y agoThat’s the only thing which makes sense with the magnitude and unit used
- sumtechguy 3y agoI have a 7k system. In 4 months since I have installed I have made about 3MW? Would have been more but ... winter. Maybe that is what they mean?
- technotarek 3y agoSorry, yes 10KWh!