solar who pays

Solar energy is produced by the suns action on a panel producing electricity or heat for hot water or air.

Notice that on you energy bill that hot water and heating is the largest component so this is where you get the best value for dollar spent on solar.

Light is about 10% of the bill,refrigeration is another 10% so if your bill is $100 then the light and refrigeration component is about $10 each.Heating is the remainder 80% or $80.

One solar panel for electricity with one battery operating only lights will save you $10 off the bill.

One panel and battery and lights on a stand alone system would cost you about $1000.

This being the case it will take you 100 bills to pay you back or four bills per year times the years 25 . 1000 divided x 10 = 100 divided x 4 = 25 years.

So this is not a good return for your money.

On the other hand solar hot water is different that is $ 80 x 4 bills = $320 / years x 10 years = $ 3200 which is the cost of a solar hot water system.

This is not taking into account the government rebates which is the similar for both electric generation and hot water.

If I were spending your money I would go for hot water followed by insulation of your home first in that order...cheers Stewart

solar energy who pays

I am one for sustainability and green things.
Be warned you set up a solar array guaranteed for twenty years you get a pittance in return for your out lay.
In twenty years the thing breaks down no warranty, say it draws from the grid and your bills go up.
Now who pays not the electric company you do...don't believe me then. What about the new car you bought with 3 years ago out of warranty and it broke down and you needed a new computer chip , a thousand you say as you part with your money...

Say an array cost you 10,000 and you save say 300 dollars a year on your bills. what is the interest on the 10,000 over a year at 5% is about $500 at the end of twenty years you probably have trebled your money and the warranty hasn't run out...this is just food for thought.
Solar hot water and space heating are different.I have solar hot water on my roof and am looking at heating the house as well. Cheers Stewart
Check out the warranty post on imagingeering-engineering Gundagai