Subj : Re: Keep cool USA and European folks
To   : Gamgee
From : Arelor
Date : Mon Jul 17 2023 18:29:33

  Re: Re: Keep cool USA and European folks
  By: Gamgee to esc on Mon Jul 17 2023 10:17 am

 > But...but...but...  The real question is:  How much did your friend pay
 > for the solar, and how long will it take to recover that cost (by
 > savings on the utility bill)?
 > 
 > Full disclosure:  I already know the answer.  ;-)

Actually, modern solar may actually be able to recoup costs before you need big
maintenance expenses, but you do need a badass apocalypse-class setup for it to
be really worth it.

A lot of people in Spain invested in 3k EUR solar arrays without battery packs.
When you add up the power they produce for you and the discount money you get
by selling surpluss power to the grid, I think an average house here may save
50% of its power bill tops during the first years, and only in favorable
months.

If your house uses electricity for either heating or air conditioning, I don't
think a 3k EUR solar array is gonna make a dent in your power bill, though.
You will save some money and will recoup your expenses in about 10 years, but
the total savings would be a bit pitiful compared to your total consumption.

If you want to spend money in order to get a return you are better off buying
Telefónica stocks and getting the dividentds pay you back in about 8 years.
Certainly that is what I would be doing if I had 3k EUR spare and wanted to put
them in production: it is a better investment than solar. Just use the
dividends to pay for the expenses of your AC if you have one XD

IMO solar is the sort of thing you think about when you need your own energy
supply for practical reasons, such as your power grid sucking 24/7 because they
can't bother to regulate the voltage you get. Or because you are a privacy
enthusiast who does not want the power company to ellaborate a consumption
profile of your power use :-P

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