Conn. pushing hard to expand solar en...

Conn. pushing hard to expand solar energy to homes

There are 1 comment on the CBS 3 Springfield story from Nov 29, 2013, titled Conn. pushing hard to expand solar energy to homes. In it, CBS 3 Springfield reports that:

A state effort backed by a $27 million fund supplied by utility ratepayers tries to join as many homeowners as possible to lower the cost of residential solar installation.

Join the discussion below, or Read more at CBS 3 Springfield.


Since: Jan 08

Location hidden

#1 Nov 29, 2013
A state effort backed by $9 million supplied by utility ratepayers...
Translation: congrats CLP & UI customers - now you know how much you've been overcharged for someone else.
In the past 22 months, 2,160 residential solar systems contracts have been approved.
"approved". Right. HOW many have actually been INSTALLED? And how have they been paying-back?
After a state rebate of about $8,000 and a 30 percent federal tax credit, the cost of a home solar system would be cut to $8,000 to $12,000.
Again, what's the rate-of-payback? Over what kind of period? 5 years? 10? 20? And the efficiency of the system and its components?

IF you're running DC equipment then solar panels aren't such a bad thing. But you can't reasonably run AC appliances because DC->AC conversion isn't all that great. And 'running your meter backwards' might save you the cost of the power, but you're not returned the SURCHARGES for that amount (and THAT can be almost HALF the variable part of your monthly bill).

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