Dominion VA Power Accepting Applications For Solar Program

Full story: NBC29 Charlottesville

Dominion Virginia Power begins accepting online applications tomorrow for the company's Solar Purchase Program , which will help eligible customers offset the cost of adding solar power to their homes and properties while increasing solar generation in Virginia.

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Shawn

Korea

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#1
Jun 19, 2013
 

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For a layman's explanation of going solar in VA, and exactly what these Dominion benefits mean, go to www.sunshotsolar.com

Overview of the incentives, comparison to NC and MD solar incentives, and even a solar calculator to give you an idea of the costs and size of the solar system you might need.

And yes, it's all free. ;-)
huck

Charlottesville, VA

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#2
Jun 19, 2013
 

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Shawn wrote:
For a layman's explanation of going solar in VA, and exactly what these Dominion benefits mean, go to www.sunshotsolar.com
Overview of the incentives, comparison to NC and MD solar incentives, and even a solar calculator to give you an idea of the costs and size of the solar system you might need.
And yes, it's all free. ;-)
so for 5 years (and perhaps more), would it pay back solar panels, considering the panel installation cost and tax credits (and what's the sweet spot) and the extra meter installation cost?
Carolyn

Charlottesville, VA

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#3
Jun 21, 2013
 

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Thanks for your article. Also, thank you Shawn for your link. Sigora Solar also has a nice blog post breaking down the value of this program for homeowners: http://www.sigorasolar.com/news/detail/domini...

Dominion's Solar Purchase Program is actually a very encouraging sign of progress for solar energy in Virginia. Historically, Virginia has been one of the most reluctant states to embrace solar power on a state-wide level, so this private initiative, championing distributed power generation, is a bigger step than it might initially appear.

Readers in Charlottesville, Staunton, and Waynesboro will find this particularly interesting, because it's one of the areas of the state that has the most room to grow in terms of solar.

Since: Mar 13

Alexandria, VA

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#4
Jun 22, 2013
 

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Theft from the taxpayer:
Federal =[[30% tax credit on total cost of solar installation and equipment.]]
Companies often bump the price to maximize the amount of tax credit "earned"

Theft from the VA ratepayer:
[[$0.15/kWh for 5 years in a "buy all/sell all" contract.]]
Wholesale cost is ~$0.05/kWh so ratepayers must foot the bill for difference. Home PVer stealing $0.10/kWh sold.

Dominion would never do this if there weren't politically mandated purchase minimums.
The Dude

Winchester, VA

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Jun 22, 2013
 

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KitemanSA wrote:
Theft from the taxpayer:
Federal =[[30% tax credit on total cost of solar installation and equipment.]]
Companies often bump the price to maximize the amount of tax credit "earned"
Theft from the VA ratepayer:
[[$0.15/kWh for 5 years in a "buy all/sell all" contract.]]
Wholesale cost is ~$0.05/kWh so ratepayers must foot the bill for difference. Home PVer stealing $0.10/kWh sold.
Dominion would never do this if there weren't politically mandated purchase minimums.
Is it theft from the taxpayer? Do you call it theft when is a corporation receiving a tax credit or subsidy for business expenses? When Dominion receives a tax credit of subsidy for this program will you call it theft from the tax payer? Do you call imminent domain theft from landowners? I doubt it. We've already established you have an agenda here, and that it's nuclear power. There is no single panacea.

Since: Mar 13

Alexandria, VA

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#6
Jun 22, 2013
 

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>>=The Dude
::=Me
>>Is it theft from the taxpayer? Do you call it theft when is a corporation receiving a tax credit or subsidy for business expenses?
:: Actually, yes.

>> When Dominion receives a tax credit of subsidy for this program will you call it theft from the tax payer?
:: Yes.

>>Do you call imminent domain theft from landowners? I doubt it.
:: I suspect you meant "eminent domain". If the land owner is properly compensated, then no. Otherwise, yes.

>>We've already established you have an agenda here, and that it's nuclear power. There is no single panacea.
:: Except there is, and I like to call it NEWclear power. The Liquid Fluoride Thorium Recycler can be the leanest, cleanest, greenest proven form of reliable power bar none. LFTRs don't need subsidies, just a level playing field.
Sunshot Solar Shawn

Korea

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#9
Jun 23, 2013
 

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huck wrote:
<quoted text>
so for 5 years (and perhaps more), would it pay back solar panels, considering the panel installation cost and tax credits (and what's the sweet spot) and the extra meter installation cost?
I just ran the numbers... net metering saves you more money over the 5 year span versus Dominion's Solar Purchase Program. The biggest variable is the price of the SREC's which right now can only be solar in Pennsylvania at a range of $10 -$13/SREC.

Despite this being ridiculously low (compared to DC where SREC's go for over $100/SREC), the sweet spot ends up being $6/SREC for a 5 kW system.

This assumes the extra meter is installed (wired, and connected to the Dominion grid) for free, which is highly unlikely. The costs vary and are currently unknown (up to Dominion and your electrician).

So, net meter your solar and sell your SREC's for more than $6, and you'll save more money than if you were to sell all of your solar to Dominion at the Solar Purchase Program price of $0.15/kWh.

Article coming soon. Check http://sunshotsolar.com for the article and detailed explanation.

Since: Mar 13

Alexandria, VA

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#10
Jun 23, 2013
 

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Sunshot Solar Shawn wrote:
)So, net meter your solar and sell your SREC's for more than $6, and you'll save more money than if you were to sell all of your solar to Dominion at the Solar Purchase Program price of $0.15/kWh.
Translation, you'll be able to steal even MORE from your friends and neighbors!
Sunshot Solar Shawn

Korea

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#11
Jun 24, 2013
 

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Sunshot Solar Shawn wrote:
<quoted text>
Article coming soon. Check http://sunshotsolar.com for the article and detailed explanation.
Here's the article as promised. I've run the numbers by several solar installers in VA, and a few smart people interested in solar and costs, and my calculations confirm their suspicions. Net metering saves you more money than Dominion's new Solar Purchase Program.

http://sunshotsolar.com/solar-purchase-vs-net...

Please share freely. This information needs to be spread.

Shawn
G Luv

Charlottesville, VA

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#12
Jun 24, 2013
 
So what's the reationale behind Dominion's SPP? They get cheap RECs (which they sell to...?)? Or is it just another option?

Since: Mar 13

Alexandria, VA

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#13
Jun 24, 2013
 

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Sunshot Solar Shawn wrote:
<quoted text>
Here's the article as promised. I've run the numbers by several solar installers in VA, and a few smart people interested in solar and costs, and my calculations confirm their suspicions. Net metering saves you more money than Dominion's new Solar Purchase Program.
Yup, with net metering you can steal from your neighbors even more! Wahoo, thats good news to spread alrighty, steal even more!
G Luv

Charlottesville, VA

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Jun 24, 2013
 

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KitemanSA wrote:
<quoted text> Yup, with net metering you can steal from your neighbors even more! Wahoo, thats good news to spread alrighty, steal even more!
:facepalm:

Since: Mar 13

Alexandria, VA

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Jun 24, 2013
 

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G Luv wrote:
<quoted text>
:facepalm:
Don't bruise your nose while you are at it! ;)
cop

Bassett, VA

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Jun 24, 2013
 

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KitemanSA wrote:
<quoted text> Yup, with net metering you can steal from your neighbors even more! Wahoo, thats good news to spread alrighty, steal even more!
Aka, a government that wants to help share your wealth

Since: Mar 13

Alexandria, VA

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Jun 24, 2013
 

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cop wrote:
<quoted text>
Aka, a government that wants to help share your wealth
Yup, but in this case it is the poor and middle class paying and the wealthy getting the benefit.
huck

Charlottesville, VA

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#19
Jun 25, 2013
 

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KitemanSA wrote:
Theft from the taxpayer:
Federal =[[30% tax credit on total cost of solar installation and equipment.]]
Companies often bump the price to maximize the amount of tax credit "earned"
Theft from the VA ratepayer:
[[$0.15/kWh for 5 years in a "buy all/sell all" contract.]]
Wholesale cost is ~$0.05/kWh so ratepayers must foot the bill for difference. Home PVer stealing $0.10/kWh sold.
Dominion would never do this if there weren't politically mandated purchase minimums.
you have a point, but as taxpayer sponsored subsidization goes, this is less porky than say some of the riders in the deceased farm bill
.
the goal being alternative energy,'cause in the long run we'll run out of nat gas, oil, coal and in the short run it's cleaner

Since: Mar 13

Alexandria, VA

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#20
Jun 25, 2013
 

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huck wrote:
<quoted text>
you have a point, but as taxpayer sponsored subsidization goes, this is less porky than say some of the riders in the deceased farm bill
.
the goal being alternative energy,'cause in the long run we'll run out of nat gas, oil, coal and in the short run it's cleaner
"Alternative energy" is only needed if there is nothing that satisfies, and for affordable, clean, low carbon energy we have nuclear. And if you want "alternatives", the Liquid Fluoride Thorium Recycler is the leanest, cleanest, greenest proven form of reliable energy bar none.

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