MN Renovator, nicely detailed explanation. My TVA contract is at retail plus $0.12 per kWh for the first 10 years. Then I have 10 years at retail. At the present rate, and of course weather permitting, I should be paid back at ~ 10.5 years if the utility rates don't rise again.
OTOH, I plan to add as close to 3190 rated watts of solar as soon as the 10 year retail + contract has run its course. That would bring me to 10 kW nameplate. By then I hope to have an EV that will help drink the extra juice.
I'll also do more home improvements to reduce our energy usage. We're slowly changing from CFL's to LED's and I have a notion to install a radiant barrier in my attic. Can't think of much else to do to lower our consumption, as that is in pretty good shape as-is.
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