Thread: Cost of fuel...
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Old 03-12-2022, 12:58 PM   #111
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Quote:
Originally Posted by Juiced06GTO View Post
For anyone thinking solar, this is the quote I received to add a 12kw DC, 9.8KW AC system to my new barn. A 10kw AC system is the largest residential system they allow in Massachusetts. This includes net metering, enrolling in the new SRec program (not nearly as lucrative as the old program), and the federal tax credit which is 26% right now. The system would produce 101% of my current usage, less once I get the barn/workshop online.

This is for me to purchase it outright, no financing. Obviously financing it with interest is going to change your payback terms, as will great electric usage. The quickest payback is clearly purchasing outright, but the majority of people don't have a cool 44K to outlay to make that purchase. This company is local and has been in business for something like 15 years now, not one of the fly by night, disappear in a year companies, and is th eonly way I'd consider putting these on my house. I deal with plenty of solar companies in my line of work and have been burned by even the national guys, Solar City, Sunrun, and have no interest in supporting them.
Thanks for sharing your quote.
It’s frightening how much to spend on electricity over 20-25 years.

It’s a similar type quote I got from MassRenewables. Keep in mind. You ideally want to over size by 10-20% to cover NetMetering losses (20% loss on round trip to grid and back). If you are 101% you’ll end up paying 10-20%.

My ROI was quicker (6 years or so) with the better SRECs. I get back like $2-3K a year (at the start). But only for 10 years.

How did you get 12kw? Because it’s commercial?

Is there a residential limit in NH too?
I’d like to get 12kw in NH.
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