5 kw grid tie system, what can I expect? Florida
easytim
Solar Expert Posts: 57 ✭✭✭✭
I'm building a 2000 sq ft. home and will be installing a 5 kw grid tie PV system.
What can I expect as far as pay back? I'm such I newbie, I sure need an idea what I can expect.
I guessing I should be paying about $6.00 per watt
This will be in the Cape Coral Florida area
What can I expect as far as pay back? I'm such I newbie, I sure need an idea what I can expect.
I guessing I should be paying about $6.00 per watt
This will be in the Cape Coral Florida area
Comments
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Re: 5 kw grid tie system, what can I expect? Florida
Roughly, using PVWatts for Tampa Florida, 5kW, 0.77 derating, fixed array, grid tied:"Station Identification"
"City:","Tampa"
"State:","Florida"
"Lat (deg N):", 27.97
"Long (deg W):", 82.53
"Elev (m): ", 3
"PV System Specifications"
"DC Rating:"," 5.0 kW"
"DC to AC Derate Factor:"," 0.770"
"AC Rating:"," 3.8 kW"
"Array Type: Fixed Tilt"
"Array Tilt:"," 28.0"
"Array Azimuth:","180.0"
"Energy Specifications"
"Cost of Electricity:"," 9.0 cents/kWh"
"Results"
"Month", "Solar Radiation (kWh/m^2/day)", "AC Energy (kWh)", "Energy Value ($)"
1, 4.56, 513, 46.17
2, 5.21, 525, 47.25
3, 5.72, 629, 56.61
4, 6.52, 678, 61.02
5, 5.92, 630, 56.70
6, 5.56, 564, 50.76
7, 5.46, 569, 51.21
8, 5.70, 601, 54.09
9, 5.32, 543, 48.87
10, 5.41, 580, 52.20
11, 4.83, 513, 46.17
12, 4.24, 474, 42.66
"Year", 5.37, 6819, 613.71
Assuming cost is $6 per watt installed, -30% for Federal Tax Credit ($4.20 per Watt installed), assuming you have to spend $5,000 for a replacement inverter 10 years down the road, and 6,819 kWH per year average--Spread over 20 years:- ((5,000 watts * $4.20 per watt) + $5,000 repairs) / (6,819 kWH per year * 20 years) = $0.19 per kWH (over 20 years)
So, what is your cost of power and what Solar GT plan(s) does your utility support?
-BillNear San Francisco California: 3.5kWatt Grid Tied Solar power system+small backup genset -
Re: 5 kw grid tie system, what can I expect? Florida
If your bill is $120 a month expect to decrease it in half with a Solar PV system.
well you have two days before the Progress Utility rebate happens and FPL utility is also giving away a $2/watt rebate.
Personally I think $6/watt is too high, try to get it down to $4 to $5 a watt.
It would be silly not to apply for the rebate, but you might be too late and need to apply next year, if there is a next year.
here is a good web site to figgure everything out. an example is below:
http://bpsolar.cleanpowerestimator.com/default.aspx
Benefits of yourSolar system
Estimated System Cost $30,000
Federal / State / Local Tax Credits $6,000
State / Utility Rebate $10,000
Net Cost $14,000
Cumulative Lifetime Savings $24,359 over 25 years
Investment Return 4.6%Before After Solar Bill Savings Jan $82 $37 $45 February $96 $45 $52 March $82 $27 $55 April $146 $75 $71 May $161 $93 $68 June $183 $121 $63 July $183 $122 $61 August $183 $118 $65 Sept $85 $36 $49 October $85 $34 $51 Nov $85 $38 $47 Dec $68 $26 $42 TOTAL $1,440 $772 $668
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Re: 5 kw grid tie system, what can I expect? Florida
Someone please tell me this is wrong, I heard the LCEC = Lee County Electric Company charges $5.00 per month to hook to the grid.
My electric company is LCEC for Pine Island Fl. just west of Cape Coral Fl.
They do not have a rebate program .
And here I thought Florida was the sunshine state, big on solar. WOW! was I wrong. -
Re: 5 kw grid tie system, what can I expect? Florida
it seems to me everybody has to pay a monthly fee to be hooked to the grid whether you use or sell electricity from/to them. $5 is about less than half of what mine is the last time i looked.
don't feel bad as there's no program where i am either as it goes by the size of the utility and they chose, i believe, the top 5. funny how that works as i am in the 2nd most populated area of pennsylvania. imho it should not go by the utility and should be state wide, but who am i? -
Re: 5 kw grid tie system, what can I expect? Florida
If I generate 100% of my electric I still have a minimum of $22 in standard fees. The meter fees alone are about $9 if I remember correctly. -
Re: 5 kw grid tie system, what can I expect? Florida
The material price continues to drop, Panels are now under 1.30 watt for 1st grade name brand panels. Add a buck a watt for racking and inverter and its more like 2.30 watt now for materials.
3.00 watt is completely doable turn key or 15k before rebates/tax credits for a 5kw system. -
Re: 5 kw grid tie system, what can I expect? Florida
30% back in taxes from Fed, and a decreased power bill.
http://sites.google.com/site/solarmation/
I have a 6.9KW system, you can see the daily graph in the URL above. I average 25KW per day -
Re: 5 kw grid tie system, what can I expect? Florida
i assume you meant that you got 25kwh per day.;)
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