if a homeowner installs solar panels, do you really think the motivation is to sell excess electric to the grid?
What Really Motivates Consumers to Install Residential Solar?
The same thing that motivates most buying decisions:
price, reliability, and
price.
What stops you from calling a solar installer and getting panels on your roof?
SolarTech, working with San Jose State University, performed a survey of consumer perceptions about solar and came up with some not-so-surprising results. The survey polled 163 single-family residence owners in Santa Clara County, California to analyze their attitudes on solar. Santa Clara County is deep in Silicon Valley and a bellwether county in a bellwether state.
In a bit of a warning sign for the industry,
only 6 percent of respondents were intent on making a purchase in the next year. Furthermore, 83 percent saw their purchase of a solar installation as being two years or more in the future.
The "Level One" items crucial to the buying decision were
price, reliability, warranty, customer service and financial incentives. Lower on the list were installation ease, return policy, aesthetic appeal, and modular design. Interestingly, at the bottom of the list were financing options and zero-down loans.
88 percent of the respondents believe that solar panels are good for the environment but
affordability and reliability remain a perception issue. The residential solar industry has some enormous challenges ahead in marketing and getting past the early adopters and innovators and reaching the early majority of potential solar roofs.
http://www.greentechmedia.com/artic...ivates-Consumers-to-Install-Residential-Solar
How much does a solar system cost these days?
It is quite clear from the chart how big the price cut was, and that's for a complete system without
reducing the cost for the customer after applying the incentives and tax breaks homeowners gets from their respective states. While these vary from state to state, in many of them, it is now so lucrative, that
solar powered homes make a lot of sense.
Let's take a look at a typical 5KW system installation and savings of a
Los Angeles home in
California.
An average cost for 5KW of system will cost you around
$20K to install. (Panels, labor, connections etc.). This is just our starting point. Now we need to subtract the incentives and solar federal tax breaks as follows: Subtract the rebate you'll receive for each KW, which is totaled at $3750.
Now we need to subtract the
federal solar tax credit at an amazing 30% to reduce the bill by another $4875 dollars. That brings your total savings to $8625 dollars!
So, all of a sudden, a
$20K investment turns to $11,375. That is almost half of the original cost, and that's big.
One of the main reasons people tend to not get very excited about the prospect of installing a solar energy system to their home is their perception of the costs involved. The truth is, over the long term,
a solar energy system will pay for itself, and will actually generate you money in the form of lower utility bills,
tax incentives, and
selling back a proportion of the energy you produce but do not use to utilities companies.
How much you stand to make depends upon
where in the US you live, how much sunshine you typically see, and how electricity costs you. Naturally, the
more money you pay for your energy supply (tier 4 is $0.40 per kw-hr in San Diego), the more money you will
save when you switch to solar.
http://www.solar-nation.org/how-much-does-a-solar-system-cost-these-days
Pre-paying your electricity bill for 10+ years even with tax rebates and net metering (selling back surplus power to the utility at the same price they sell it to you). The larger the solar system, the more savings generated. It is all about the money. San Diego has the highest electricity price in the nation. The push is on to eliminate net metering.
Across U.S., many utilities are battling net metering
Aug 28, 2015
Net metering, which allows customers to sell excess electricity back to their local utility, was created in the 1990s and became a
key component in launching the solar industry, especially for homes and small business.
But in some ways, the practice is under attack as the boom in solar power makes it
more expensive for local utilities.
In Arizona, for example, state utility commissions have
imposed a $50 monthly fee for customers who use net metering, and Nevada may follow suit. Wisconsin has also imposed a monthly fee, which faces legal opposition.
A report from the North Carolina Clean Energy Technology Center says that
13 states are considering changes in net metering, and legislation to outlaw it entirely has been introduced in several states, although it has not passed so far.
https://politics.concordmonitor.com...u-s-many-utilities-are-battling-net-metering/
Without tax incentives and net metering, solar rooftop is dead. Those incentives are going away. Paying $20,000 up front for 5kw solar system has a lot of dead time when the sun don't shine.