68
How much do you all pay for Power?
(lemmy.world)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 13 Sep 2024
68 points (94.7% liked)
Ask Lemmy
26904 readers
761 users here now
A Fediverse community for open-ended, thought provoking questions
Please don't post about US Politics. If you need to do this, try !politicaldiscussion@lemmy.world
Rules: (interactive)
1) Be nice and; have fun
Doxxing, trolling, sealioning, racism, and toxicity are not welcomed in AskLemmy. Remember what your mother said: if you can't say something nice, don't say anything at all. In addition, the site-wide Lemmy.world terms of service also apply here. Please familiarize yourself with them
2) All posts must end with a '?'
This is sort of like Jeopardy. Please phrase all post titles in the form of a proper question ending with ?
3) No spam
Please do not flood the community with nonsense. Actual suspected spammers will be banned on site. No astroturfing.
4) NSFW is okay, within reason
Just remember to tag posts with either a content warning or a [NSFW] tag. Overtly sexual posts are not allowed, please direct them to either !asklemmyafterdark@lemmy.world or !asklemmynsfw@lemmynsfw.com.
NSFW comments should be restricted to posts tagged [NSFW].
5) This is not a support community.
It is not a place for 'how do I?', type questions.
If you have any questions regarding the site itself or would like to report a community, please direct them to Lemmy.world Support or email info@lemmy.world. For other questions check our partnered communities list, or use the search function.
Reminder: The terms of service apply here too.
Partnered Communities:
Logo design credit goes to: tubbadu
founded 1 year ago
MODERATORS
You are absolutely right. ill be looking at the numbers. But with 50c+ per kilowatt...its going to be hard NOT to make my money back.
At 50¢/kWh even adding batteries and trying to be as disconnected as (legally) possible from the grid might pay for itself!
I'm probably doing solar in spring, and I'm paying 20 cents per kwh. It's about a 13 year breakeven time, but that works for my circumstances. I plan to be here for awhile, my roof faces the right way, and it's a reasonable diversification of investment.
I'll still have some dependence on the grid, especially in winter. Might pull from the grid in some early morning hours, but net metering credits should pay for that.
I consider the rising price of electricity and the capital gains from an index funds roughly a wash. It's not, but I also don't want 100% of my investments in the stock market, and it's nice to do something responsible for the world.
So make sure to do your whole installation in one year. You only get to claim the 30% federal tax credit once. So don't go small with a plan to go bigger later. I couldn't do this without the federal credit.
Good to know thanks!