Do you have 'choice' in your part of Texas? Depending on the RSP the credits can be applied against other fees. I have a friend in Andrews, TX with solar. He didn't pay an electric bill for ~4 years until he got his 3 and was driving ~2000 miles/mo. We're gonna add a couple more kW soon to kill off his bill again.
Someone misinformed you. I know several people in Oncor that carried a negative balance for years. Reliant and Green Mountain Energy both net meter.
Thanks, that was very helpful. I like that the Mission Solar panels are made in the US.
Not really. As you can see that only deals with the energy charge and what isn't shown there is the base charge or transfer charges. I never said you couldn't amass credits. Green Mountain will let you accumulate them forever it seems, you just can never get paid for them. Unless you close the account. Then they will cash you out supposedly. But what good is accumulating those credits till you die. I was wanting those credits to be paid in cash to offset the cost of the system. Not just sit in an account forever unable to be collected. Ask your friend to have them pay him that $900 and see what they say. Generating excess power just to amass credits that will never be paid for in cash is useless.Someone misinformed you. I know several people in Oncor that carried a negative balance for years. Reliant and Green Mountain Energy both net meter.
The $0.117/kWh charge from Reliant includes everything... that's the entire bill. Some RSPs break down the rate... some don't. I think you can request a cash-out, I'm not sure. Either way every kWh generated from the system is worth the same that you pay.
Please explain what subsidies you are talking about. When I looked, the only "subsidies" (a misnomer since the government didn't "give" oil companies any money) were toward incentives for more environmental and safety oriented activities, and this was just a small paragraph in a proposed regulation at the time.
EV "renewables"? Wind and solar are, so far, budget busting albatrosses, not "bright" at all if there is no economic viability outside of government (read: taxpayer) supported funding.
Properly sited wind is now the cheapest source of new generation. The Sagamore Wind farm in NM will produce energy for ~$19/MWh before subsidies. Natural gas generation is ~$30/MWh just for the fuel. Solar isn't far behind. By ~2025 it should be even cheaper than wind. The subsidies worked in driving cost down through economies of scale.
Sure... super hard to produce EXACTLY what you used; Only seen that once and it was really funny.
Ob... obviously a negative bill IS possible or the screenshots I posted would not exist....
Ever heard the quote a penny saved is a penny earned? Money not going out of your pocket is more money in your pocket... And IIRC you can request a cash out.
We've put 23,000 miles on our Model 3 in 6 months. I'd say the battery tech is there
Actually, the Model 3 starts at $35,000. Not sure where you get the $42,900 number from. Yes, the most basic cars have some lead time, but the next level up $37,500 is available now, and people are taking delivery.
If you want something slower you can always turn on chill mode... that limits things to 200 hp
The Leaf is an exception. Every other maker has some sort of thermal management to prevent the battery cooking itself, or uses a battery that's not as sensitive to heat.
I have heard of the saying but a penny saved isn't earned if it is only a credit and not real money. You cannot cash out without closing the account (Green Mountain only, the others not even that). What good is the extra money (credits) if they are never used. As I have said already I personally talked to three suppliers and there is no way to really get paid for any excess generation of power to help offset the cost of the system. There is also no way (for me anyway) to have a zero bill. So right now there isn't a way to have a solar setup that will pay for it self in a reasonable amount of time. Still waiting on Tesla's estimate though. If a real buyback of power was available I would probably jump at the chance to install now while the tax incentive is still there.
Not sure about the buyback but I AM sure about the credit. If you import 1000kWh and export ~1200kWh (depending on base fees) you WILL NOT have a bill with Reliant or Green Mountain Energy. Not paying an electric bill is more money in your pocket. Divide your service fees by your retail rate... if you produce that much more on average you will never have an electric bill... that's more $$$ that stays in your pocket.
.... if the system is slightly undersized and you have a tiny bill a couple months a year the ROI would be the same as if you oversized and got a check.... having to pay ~$20 a couple times a year is a deal breaker? Really?
So would I, but that's not how it works most places. Net metering is a pretty sweet deal too, imo. Kudos to your wife for having the good sense to do her gambling with faux money.
Dude... it rolls month to month indefinitely. Figure out your annual use and size a system that produces that much ANNUALLY. Yeah... you'll have a ~$300 credit in June but you'll eat it away until you miiiight have a $20 bill in December. Cycle continues...
