So I have proposal for my solar system #2 sitting on my desk. First system was 200KW, this system will be 100KW.
Anybody else on here do solar systems on this scale?
Interesting fact for system #2: Cost per watt installed is $3.39/KW. System #1, contract signed May, 2010, was $5.50/KW. So there have been major, major price drops. Mostly due to the solar installers not making as much profit and cost of the panels collapsing. Panels + Inverters are on the order of $2.00/Kw, labor, electrical connections, paperwork bureaucracy, mounting are the other $1.39/KW. Once the system cost gets down to $2.00/KW (preferably $1.50/KW) solar energy becomes self sustaining. I'm not sure the last $1.50/KW in cost cuts is as easy as the next $1.50/KW.
Should be live by September.
If you're considering your own solar system, you need to have a handle on SREC costs. I have a very, very good contract that I signed last year that has about 100 extra SREC credits in it that I can fulfill with this system. Just because it's a good investment for me doesn't mean it's a good investment for you. Also, if you put the system in the name of your business you can depreciate 100% of the cost this year. If it's in your personal name, no depreciation. That's a huge difference.
Anybody else on here do solar systems on this scale?
Interesting fact for system #2: Cost per watt installed is $3.39/KW. System #1, contract signed May, 2010, was $5.50/KW. So there have been major, major price drops. Mostly due to the solar installers not making as much profit and cost of the panels collapsing. Panels + Inverters are on the order of $2.00/Kw, labor, electrical connections, paperwork bureaucracy, mounting are the other $1.39/KW. Once the system cost gets down to $2.00/KW (preferably $1.50/KW) solar energy becomes self sustaining. I'm not sure the last $1.50/KW in cost cuts is as easy as the next $1.50/KW.
Should be live by September.
If you're considering your own solar system, you need to have a handle on SREC costs. I have a very, very good contract that I signed last year that has about 100 extra SREC credits in it that I can fulfill with this system. Just because it's a good investment for me doesn't mean it's a good investment for you. Also, if you put the system in the name of your business you can depreciate 100% of the cost this year. If it's in your personal name, no depreciation. That's a huge difference.