offgriddle
"FOREVER BEGINNING"
Awwwww there it is, thanks NMWNext to the report link is 3 little dots with a down arrow. Tap that and the edit function is there.
Awwwww there it is, thanks NMWNext to the report link is 3 little dots with a down arrow. Tap that and the edit function is there.
Read Date | Bill Date | KWH Used | 9.7 cents | | | |
| | | Electric | Gas | | Geothermal +16 305w Solar Panels |
5/22/2014 | 5/23/2014 | 3581 | $389.23 | $29.22 | 1980 AC 7 tons/Gas Furnaces | |
4/22/2014 | 4/23/2014 | 2763 | $311.42 | $32.76 | 1980 AC 7 tons/Gas Furnaces | |
3/20/2014 | 3/21/2014 | 2664 | $299.35 | $57.81 | 1980 AC 7 tons/Gas Furnaces | |
2/17/2014 | 2/19/2014 | 2708 | $288.89 | $94.75 | 1980 AC 7 tons/Gas Furnaces | |
1/16/2014 | 1/21/2014 | 2803 | $296.39 | $150.81 | 1980 AC 7 tons/Gas Furnaces | |
12/17/2013 | 12/19/2013 | 2823 | $294.20 | $97.81 | 1980 AC 7 tons/Gas Furnaces | |
11/15/2013 | 11/19/2013 | 2718 | $300.04 | $81.07 | 1980 AC 7 tons/Gas Furnaces | $93 (2019) |
10/15/2013 | 10/21/2013 | 3895 | $382.74 | $28.42 | 1980 AC 7 tons/Gas Furnaces | $76 (2019) |
9/14/2013 | 9/20/2013 | 4616 | $444.67 | $21.87 | 1980 AC 7 tons/Gas Furnaces | $86 (2019) |
8/15/2013 | 8/21/2013 | 5258 | $518.32 | $21.77 | 1980 AC 7 tons/Gas Furnaces | $113 (2019) |
7/15/2013 | 7/22/2013 | 5163 | $510.27 | $20.98 | 1980 AC 7 tons/Gas Furnaces | |
6/14/2013 | 6/21/2013 | 4630 | $464.90 | $22.56 | 1980 AC 7 tons/Gas Furnaces | |
| | 40,041 | | ($4,500.42) | 659.83 | |
| | | | | $5,160 | |
Earlier we just said, $100 per month for 15 years is a cost of $18,000 in electricity bills. But, when you factor inflation in, the real number is ~$21,882.
So far this century the average U.S. rate of inflation for electricity is 2.73% per year. So, if your average bill this year is $100/month, what will it be in 25 years?
Year 1: 100x12= $1,200
Year 2: $1200*1.0273 = $1,233
Year 3: $1232*1.0273 = $1,266
Year 5: ... = $1,337
Year 10: ... = $1,529
Year 15: ... = $1,750 ($21,882)
Year 20: ... = $2,002 ($31,273)
Year 25: ... = $2,290 ($42,233)
That is, in 25 years with 2.73% inflation you will have paid a total of $42,233. Over 30 years, it's $54,658.
What @SolarRat's numbers showed you were the future value of a lump sum. It's not a bad way to do it, but it's not quite an apples to apples comparison as there is an erosion to the sum because you're making monthly utility payments. I'll see if I can't find a spreadsheet where I worked it out. Can't swear to it, but for Florida's power rates I think the investment value was actually up around @Sammeh's VTXVX fund (that is, around 7%).
Next to the report link is 3 little dots with a down arrow. Tap that and the edit function is there.
This can be true, especially in states that like to tax the crap out of their residents, but not here. I moved to Florida in 2009 and my rate today is within pennies of what is was then. Here is FPL's (my elec co.) recent proposal:
FPL’s 2017-2020 Base Rate Proposal:
" Our electric service is cleaner and more reliable than ever before – while our typical customer bill is lower than it was a decade ago and among the lowest in the nation. The exceptional value we provide our customers is the direct result of smart, long-term investments we’ve made in advanced infrastructure and cost-saving efficiencies. Our proposed four-year rate plan, beginning in 2017, is being designed to support investments that benefit customers while keeping our typical customer bill lower through 2020 than it was in 2006." https://www.fpl.com/images/en_US/fact-sheet.pdf
My bill today is lower than it was in 2009 thanks to more energy efficient appliances, LED TV's and light bulbs, etc...
That's the point of the thread... a discussion on what are the factors someone should look at in order to make that determination themselves because as you said - everyone is different.This feels like another one of those questions that the answer is "We can't answer for you."
Is it okay for me to be really jealous, just for a few minutes? May be even cry a little? Or a whole lot?... I was paying per KWH. It's 5.44 cents...
I wonder how many people that voted for those measures end up leaving the state.... Can't handle a state so uber liberal.
What I am doing is adding a mini split to 1 room (12,00 btu) so far 8 100 watt panels 2kw inverter (Need 1kw for mini split).
What I paid in 2014 vs. now (last column). I spent about $30,000 on the Geothermal and Solar.
3400 square feet
walk out basement
family of 5
SETN
running AC 8 months per year
No gas heat after adding Geothermal
Water Heater only used 36 kWh for September because of the Geo.
40,000 kwh per year 2013-2014
18,000kwh estimated in 2019-2020 (without solar)
Solar generating 6500kwh per year (including grid tie incentives of +2 cents per kwh)
11,500kwh per year (after solar) $1150
Read Date Bill Date KWH Used 9.7 cents Electric Gas Geothermal +16 305w Solar Panels 5/22/2014 5/23/2014 3581 $389.23 $29.22 1980 AC 7 tons/Gas Furnaces 4/22/2014 4/23/2014 2763 $311.42 $32.76 1980 AC 7 tons/Gas Furnaces 3/20/2014 3/21/2014 2664 $299.35 $57.81 1980 AC 7 tons/Gas Furnaces 2/17/2014 2/19/2014 2708 $288.89 $94.75 1980 AC 7 tons/Gas Furnaces 1/16/2014 1/21/2014 2803 $296.39 $150.81 1980 AC 7 tons/Gas Furnaces 12/17/2013 12/19/2013 2823 $294.20 $97.81 1980 AC 7 tons/Gas Furnaces 11/15/2013 11/19/2013 2718 $300.04 $81.07 1980 AC 7 tons/Gas Furnaces 10/15/2013 10/21/2013 3895 $382.74 $28.42 1980 AC 7 tons/Gas Furnaces 9/14/2013 9/20/2013 4616 $444.67 $21.87 1980 AC 7 tons/Gas Furnaces $86 (2019) 8/15/2013 8/21/2013 5258 $518.32 $21.77 1980 AC 7 tons/Gas Furnaces $113 (2019) 7/15/2013 7/22/2013 5163 $510.27 $20.98 1980 AC 7 tons/Gas Furnaces 6/14/2013 6/21/2013 4630 $464.90 $22.56 1980 AC 7 tons/Gas Furnaces 40,041 ($4,500.42) 659.83 $5,160
... I'll see if I can't find a spreadsheet where I worked it out. Can't swear to it, but for Florida's power rates I think the investment value was actually up around @Sammeh's VTXVX fund (that is, around 7%).
What was the geo and solar install?
How do you like the geo heating?
Given the price of solar, it's a lot harder to justify $50k to bring the grid to you....I bought a rural property with no powerlines ... The final quote I got was just a hair below 50 Grand...