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I just discovered a solar project run by my electrical provider, that allows me to pay for a number of grids, and will offset my usage and electric bills. This is a multi-state large publicly traded electric company, not a fly-by-night outfit. Essentially, this is similar to having my own panels, and being plugged in to sell excess kWs, but the panels are in their solar farm, managed, and maintained by the electric company. The break-even is 12 years, and the life is 20 years. The breakdown risks are insured by them. The negatives are that at exactly 20 years, I would have to do it again.

You are the experts. Are there other risks that I do not see?

  • @[email protected]OP
    1•1 year ago

    Thanks for chiming in. I will need to dig in on how the electricity generated is calculated out per customer. I ASSUMED that panels will be replaced as they lose efficiency, and added as their farms grow, getting new panels and new members over time. New panels, with far better efficiencies, will reduce costs. Time is on their side. This is another Moore’s law-Koomey’s law coming into play. I see that I need more details to make a truly informed decision.