Thread: Cost of fuel...
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Old 03-09-2022, 01:51 PM   #82
Dblblkdiam
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Join Date: Jul 2010
Location: Sherborn, MA
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Just my 2 cents on the subject for anyone interested in solar & heat pumps

My 3,600 sq ft home has leased solar panels. I am locked into a price per kWh generated which as of right now is better than mkt. Might not always be the case, but kept the install cost ~18K in my pocket.
I generate more power than I consume so i generate credits on my electric account through net metering.

My current heat is oil
I recently installed entire home heat pumps and integrated controls which creates a hybrid system. Heat pumps work until around 20 degrees, then the oil kicks in to support in extreme temperatures. Oil consumption has materially gone down.
My solar credits cover the costs to operate the heat pumps & A/C.
When pricing out the replacement of my old central A/C, to add the heat pump functionality was around $7K. I received $7K+ rebate from MassSave to convert so basically the heat pump "option" was free.
MassSave also let me finance the difference in cost for 7 years at zero percent interest. Just another perk of going green or more efficient.

Last edited by Dblblkdiam; 03-09-2022 at 03:33 PM.
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