Solar power offering...

[birdguy]

I got a mailer card from my electric power provider that informed customers who did not want or could not afford solar panels and renters that if they wanted to go green they could tap into solar power through the provider.  It would cost an additional 3.5 cents a killowatt hour.  I'm going to call them on Monday look into it.  I want to know what percentage of my power would come from solar.   I'd be willing to pay the extra 3.5 cents if I was getting a significant amount, say 50% or more.

Noel

Edited October 29, 2022 by birdguy

[dave2013]

New Mexico gets about a third of its electricity from natural gas, a third from coal, and a third from renewables.

It's an ideal place for solar and wind power.

Dave

 

[n4gix]

9 hours ago, birdguy said:

I'd be willing to pay the extra 3.5 cents if I was getting a significant amount, say 50% or more.

That scheme sounds backwards! If anything, any renewable energy should have a discount, not a surcharge.

[birdguy]

That's the way I interpreted the mailer.  I'll have to call them tomorrow morning and see what the deal is.

Noel

[birdguy]

Here's the data on pricing.  I guess I misinterpreted what the mailer said.  I got this from my power company.

Your net price per kWh is the difference between the program charge, which reflects the actual cost of the solar energy, and the program credit, which gives you a discount for the fossil fuels costs and power plant costs that are no longer needed because of the addition of the Solar*Connect Community resource.

• 2022 Cost per kWh: $0.0395
• 2022 Credit per kWh: $0.0265
• 2022 Net Price per kWh: $0.0130

The kWh production from your share will fluctuate month to month depending on weather and seasonality. The Solar*Connect Community charge reflects the cost of the solar resource and the costs to administer the program. This charge will vary slightly year to year. The Solar*Connect Community charge for 2021 is $0.0395 per kWh.

The Solar*Connect Community credit compensates you for the avoided energy costs that are no longer needed because of the addition of the new Solar*Connect Community resource. The costs will update annually based on the fuel costs no longer needed.

Noel

[Penzoil3]

It was that way in Arizona too. I went for it, to encourage Solar.

[n4gix]

51 minutes ago, birdguy said:

Here's the data on pricing.  I guess I misinterpreted what the mailer said.  I got this from my power company.

That's about what I expected. That's a significant savings!

[Paladin]

How I wish for something like this, in light of the increasing power requirements for our PC's.  I pay to have Solar/Wind from my supplier at 34/7 pence per KWh.  ie short of 3 KWh per £1 sterling  😞  BR

M.

[kevinfirth]

1 hour ago, Paladin said:

How I wish for something like this, in light of the increasing power requirements for our PC's.  I pay to have Solar/Wind from my supplier at 34/7 pence per KWh.  ie short of 3 KWh per £1 sterling  😞  BR

M.

Just paid £9k for a 7.5 kW installation. Even in winter here now it's generating enough to provide for all our needs each day.  In spring/summer it will generate enough to provide hot water too.

it will easily pay for itself in 5 years, then after that it's free electricity and much cheaper gas charges 👍

[Paladin]

22 hours ago, kevinfirth said:

Just paid £9k for a 7.5 kW installation. Even in winter here now it's generating enough to provide for all our needs each day.  In spring/summer it will generate enough to provide hot water too.

it will easily pay for itself in 5 years, then after that it's free electricity and much cheaper gas charges 👍

Interesting information Kevin, thank you.  At 78 Years old, I am unsure that I will have 5 years to go to break even 😞 and, after looking around, I cannot seem to reconcile that level of saving.  I will, however look around a little further. No gas here in our [Somerset] village, so we use oil fired for heating and hot water but the magnitude of price hikes is scary.  As the cost of generation is [supposedly] very much cheaper, the "green" suppliers are able to up their charges at the same level as "non green",  Ah well.........BR

M,

[LeviSenp455]

That's great that your electric power provider is offering an option for customers to tap into solar power. From my experience, I can recommend checking out https://yenex.com for more information on various solar panel brands and options. It's important to consider not only the cost, but also the efficiency and durability of the panels.