EcoRenovator  

Go Back   EcoRenovator > Improvements > Solar Power
Advanced Search
 


Blog 60+ Home Energy Saving Tips Recent Posts


Reply
 
Thread Tools Display Modes
Old 10-12-15, 10:46 AM   #471
pinballlooking
Super Moderator
 
pinballlooking's Avatar
 
Join Date: Jun 2013
Location: SC
Posts: 2,930
Thanks: 172
Thanked 564 Times in 463 Posts
Default

I paid $161 230 watt panel’s free shipping 40 panels
I paid $177 a panel for my 240 watt panels. 14 panels
That is great news for your state!

I am glad I installed solar when I did the prices were right.
I do wish I had power CO. rebate like you did.


Last edited by pinballlooking; 10-14-16 at 03:27 PM..
pinballlooking is offline   Reply With Quote
Old 10-12-15, 10:58 AM   #472
ELGo
Helper EcoRenovator
 
Join Date: Apr 2013
Location: Albuquerque
Posts: 66
Thanks: 4
Thanked 3 Times in 3 Posts
Default

Quote:
Originally Posted by pinballlooking View Post
I think I need to add the cost to this.
We are at $1.72 watt installed before rebates for 11.6 kw. This is 0.78 watt after rebates. Fed 30% SC state 25% this should give a five year payback
Hi,

How did you figure your payback ? My arithmetic says faster but I may be off in my assumptions how much the panels are generating.

Addendum: Second thought -- it makes sense at 1.6 kWh/watt*year since your panels are not at optimal tilt. Still -- fantastic!
ELGo is offline   Reply With Quote
Old 10-12-15, 11:00 AM   #473
Robaroni
Journeyman EcoRenovator
 
Robaroni's Avatar
 
Join Date: Jun 2013
Location: Delhi, NY
Posts: 332
Thanks: 20
Thanked 53 Times in 40 Posts
Default

Quote:
Originally Posted by ELGo View Post
This is correct but people are often confused by tax liability Vs tax owed.

The EV non-refundable tax credit applies to the first $7500 of tax liability. If your liability is less than $7500, the tax credit will zero the amount.

Tax_owed = Tax_liability - tax_payed.
Right, I'm retired so it's basically meaningless for me. If it wasn't I'd buy an EV tomorrow.

Rob
Robaroni is offline   Reply With Quote
Old 10-12-15, 11:03 AM   #474
pinballlooking
Super Moderator
 
pinballlooking's Avatar
 
Join Date: Jun 2013
Location: SC
Posts: 2,930
Thanks: 172
Thanked 564 Times in 463 Posts
Default

If you buy used the prices are decreased by this amount with extra depreciation.
If you lease the leasing company gets this money and they discount your payment to reflect it.
That all being said I wish it was a rebate and not a credit.
pinballlooking is offline   Reply With Quote
The Following User Says Thank You to pinballlooking For This Useful Post:
Robaroni (10-12-15)
Old 10-12-15, 11:10 AM   #475
Robaroni
Journeyman EcoRenovator
 
Robaroni's Avatar
 
Join Date: Jun 2013
Location: Delhi, NY
Posts: 332
Thanks: 20
Thanked 53 Times in 40 Posts
Default

Quote:
Originally Posted by pinballlooking View Post
If you buy used the prices and decreased by this amount with extra depreciation.
If you lease the leasing company gets this money and they discount your payment to reflect it.
That all being said I wish it was a rebate and not a credit.
I'm looking into used Volts now, I think once the 2016's hit the road I'll get a really good deal. I'd like to get a 2014 or a 2015, I should be able to get one coming off lease, maybe next spring.

Rob
Robaroni is offline   Reply With Quote
Old 10-12-15, 11:26 AM   #476
ELGo
Helper EcoRenovator
 
Join Date: Apr 2013
Location: Albuquerque
Posts: 66
Thanks: 4
Thanked 3 Times in 3 Posts
Default

Quote:
Originally Posted by Robaroni View Post
Right, I'm retired so it's basically meaningless for me. If it wasn't I'd buy an EV tomorrow.

Rob
I'm sure you know your tax situation well, but being retired does not necessarily mean no tax liability. Even SS is taxed above a threshold amount.

I'm in your situation. No tax liability to take advantage of the tax credit. Even though I work and am paid quite well, most of my income is sent to retirement savings so the end result is the same.

The follow-up comment though is exactly right: a used car should pass most of the credit on to the secondary buyer.
ELGo is offline   Reply With Quote
Old 10-12-15, 11:59 AM   #477
Robaroni
Journeyman EcoRenovator
 
Robaroni's Avatar
 
Join Date: Jun 2013
Location: Delhi, NY
Posts: 332
Thanks: 20
Thanked 53 Times in 40 Posts
Default

Quote:
Originally Posted by ELGo View Post
I'm sure you know your tax situation well, but being retired does not necessarily mean no tax liability. Even SS is taxed above a threshold amount.

I'm in your situation. No tax liability to take advantage of the tax credit. Even though I work and am paid quite well, most of my income is sent to retirement savings so the end result is the same.

The follow-up comment though is exactly right: a used car should pass most of the credit on to the secondary buyer.
ELGo,
Thanks but for the last several years I have paid little to no tax. Things might change, I'm doing more magazine articles now and will be starting to sell circuit boards again. I'm just rebuilding my web site:

www.dsgnspec.com

Rob
Robaroni is offline   Reply With Quote
Old 10-17-15, 06:49 PM   #478
creeky
Journeyman EcoRenovator
 
creeky's Avatar
 
Join Date: Jun 2011
Location: a field somewhere
Posts: 304
Thanks: 64
Thanked 44 Times in 31 Posts
Default

all you guys with your fancy charts. I had to try it. So after some labourious lamenting of libre office calc. I get a total of 317,120 watts over the last 82 days. Ignore the 0 watts day. I loaded new firmware for my controllers that day and it left me with an extra day at 0 watts.

I'm off grid. So the chart outlines the power I created and used. The days I run the dishwasher are pretty easy to spot.



and also for comparison: In the spring of 2011 I paid $500 each for 4 250 watt mono panels (red: Panel set A). I then bought 2 more at $425 ea. I later found 2 more at $200 each (Blue: Panel set B). All the panels were used.

I run two 1kw arrays. One fixed (B) at 60 degrees. And the other is adjustable (A). Here I set 30 summer; 45 (my latitude) spring/fall; 60 winter. It makes quite a difference to the power output. Something not fully reflected in the stats as, of course, I could be making considerably more power if I had a place to put it.
creeky is offline   Reply With Quote
Old 10-18-15, 09:20 AM   #479
Robaroni
Journeyman EcoRenovator
 
Robaroni's Avatar
 
Join Date: Jun 2013
Location: Delhi, NY
Posts: 332
Thanks: 20
Thanked 53 Times in 40 Posts
Default

That's about 1.4 Mwh a year. Pretty good!

Rob
Robaroni is offline   Reply With Quote
Old 10-18-15, 12:07 PM   #480
creeky
Journeyman EcoRenovator
 
creeky's Avatar
 
Join Date: Jun 2011
Location: a field somewhere
Posts: 304
Thanks: 64
Thanked 44 Times in 31 Posts
Default

thx. I'm over 3 megawatts now. Only took me 5 years. ha ha ha.

still. 3.8kw/day sure makes off grid easier. Can't wait to get the new battery pack.

creeky is offline   Reply With Quote
Reply



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 08:06 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
Ad Management by RedTyger
Inactive Reminders By Icora Web Design