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Article #6250

Solar Systems (Re: California capitulates to Detroit)

#6250
From: Will Stewart
Date: Thu, 04 Jan 1996 00:00
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In <hatunenDKMFn7.G6B@netcom.com> hatunen@netcom.com (DaveHatunen)
writes: 

>>You will find that most installations of PV systems for the home are
>>under 2 kW and run about $15k these days.

>Assuming that, on the average over a year, these panels actually
>produce 2 kw for 10 hours a day,

I would promote a more conservative number, actually.

>then you would have a total annual
>energy output 7300 kwh. $15k invested at 6% will yield $900 a year in
>interest. Dividing the one by the other, this yields a cost of $0.123
>per kwh, not cheap, even in California.

Where are you getting 6%?  :-)

$0.123 kWh is about what some New Englanders pay.  Similar costs are
found in other parts of the country, though that's twice what I pay.

>That doesn't include any amortization or maintenance costs.

Maintenance costs I'll agree with; amortization does not seem to apply
as you are already comparing to an interest-yielding account.

I would place the number closer to $0.25 kWh to be on the safe side.
Cheap?  Not in short term costs, but what does pollution cost us in the
long run?

Cheers,

Will Stewart
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From: will1000@ix.netcom.com (Will Stewart )
Subject: Solar Systems (Re: California capitulates to Detroit)
Date: 1996/01/04
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x-netcom-date: Wed Jan 03  6:55:59 PM PST 1996
newsgroups: ca.environment,sci.energy,sci.environment,alt.energy.renewable,sci.electronics