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Originally Posted by TromboneAl
How much of the cost of a PV system is the electronics to convert the DC from the panels into AC? I wonder if there would be significant savings if you skipped that, and just had the electronics that took the DC and handled the car charging with that.
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Not much. We paid $2500 (retail!) for a 3 KW inverter in 2005. A homeowner buying a complete 3 KW system from an installer would probably pay a total bill of about $30K.
My biggest regret today is not buying an even bigger inverter-- at least 5 KW. I think the latest inverters are probably even cheaper, have more capacity, and are more reliable today. Not Moore's law but not far off.
Quote:
Originally Posted by SecondCor521
I looked into a home system about a year or so ago and found that it really didn't make sense economically for me to do one. I didn't run a sensitivity analysis, but IIRC the key reasons it didn't work for me were:
* Cheap electricity. I think I pay around 5 cents per KWH here in Idaho, and that's before the $21 in credits I get for letting the local power company slap a choke on my AC unit in the summer.
* Not enough sun. Which corresponds to not enough power generated.
* Too high usage. I'm fairly careful with my energy usage, and even with being careful I still use enough electricity to require about $15K - $20K in panels.
* Crummy tax breaks on the state level. I think the situation is better in CA and HI, and maybe elsewhere as well.
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Yup. No one's willing to pay $10K/KW for a payback that's a minimum of two decades away, and most paybacks are about 25 years. No homebuyer will pay for a PV system, either, so sellers don't get any benefit if they move at the national median of once every seven years.
It's not impossible. With our scrounging, DIY, 20.5 cents/KWHr rates, and tax credits we'll manage to get our money back by 2010 and to pull ahead by 2020 (15 years)-- and that's even if rates don't go up.
Federal/state subsidies ease the pain a little, and most people fail to pay attention to the inflation cost of utilities. I don't think an installer can sell a system on its payback without subsidies, and it's only in times of rapidly rising oil prices that they can get away with scary inflation stories.
A couple years ago I participated in a focus group of 20 homeowners with grid-tied systems, and 19 of them were doing it for the green lifestyle (two of them taught courses on the subject). I was the only one motivated by a different kind of green.
Quote:
Originally Posted by SecondCor521
Also, I wasn't willing to scrounge for panels the way Nords was. I poked around on the Internet and found some reasonably cheap panels, but I priced things out based on buying new panels from the manufacturer.
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A local Craigslist seller just unloaded 10,000 watts (50 panels) at $4/watt. I was going nuts-- I had no need for even 1000 watts, let alone 10,000, but it was just too good a "fell-off-the-truck" deal to pass up. Luckily someone finally put me out of my misery by buying them.
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Last edited by Nords; 05-15-2008 at 06:52 PM.
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