This article was just posted and seems quite apropos in our NEM discussion; https://pv-magazine-usa.com/2022/09/27/why-did-i-reform-my-views-on-net-energy-metering-nem/
As soon as he said this:This article was just posted and seems quite apropos in our NEM discussion; https://pv-magazine-usa.com/2022/09/27/why-did-i-reform-my-views-on-net-energy-metering-nem/
Sounds like a really nice rig!I think the issue here is that there are two costs associated with the grid just like with anything else in economics: fixed cost and marginal cost.
Even if I only choose to supply you with 1kWh or electricity there is certain cost in maintaining the transformers, the meters, the line to your house, the billing department etc. This is what the monthly charge is meant to cover. Now charging more just because you have solar means that the billing is not true and not genuine and some of this fixed cost is rolled into the marginal cost of the utility which solar customers are not paying fairly.
The problem they're trying to solve is by rolling some of the fixed cost into the marginal cost is that you're essentially making a scenario where price discrimination exists; the richer you are and the more electricity you use, the more of the fixed cost burden you're straddled with. The problem is that this model falls apart with solar in the picture as you will have richer users who are now no longer paying "their fair share" compared to the poorer folks for the fixed cost aspect of the power delivery or the subsidy of the power delivery.
The solar fee is trying to "fix" this by putting some of the cost back on the solar folks. The problem is that it's a really tough pill to swallow but I think the situation reflects the truth or some shape of it.
Oh, today I got my battery installed, I had a great time with the installers, they did a really nice job with running conduit from the Sol-Ark to the Homegrid Stack'd system and using 4/0 wire between the two.
My Sol-Ark is fully closed loop communicating with the Homegrid Stack'd system and receives perfect and accurate SOC readings via CAN-BUS and I can still use Solar Assistant using Modbus on the same port with a splitter. The entire system "just works".
There is no doubt in my mind that this setup is the one to get if one can afford it. The Sol-Ark 15K is an amazing piece of equipment and the Homegrid Stack'd is a really nice package! I decided to max mine out so next week they will bring another module so I'll have 38.4 kWh in one nice stack that will just work amazingly well.
The units arrived with 50% SOC and I burned them down to 25% SOC and now, since it'sjust after 9PM I'm charging them from the gird for free. I'm about to load 20+ kWh into these bad boys absolutely free!
My PTO also came through tonight so I am going to finally start selling to the grid during the day and reaping some of the limited benefits of grid sell, but more importantly I will finally have an opportunity to really exercise my system and see what it's capable of!
$0.105 per kWh or $0.044 per kWh are both excellent electricity rates by California standards. We may $0.30/kWh off peak and $0.50/kWh over summer months (and $0.20/0.25 over the winter).Yeah, I do realize that the Sol-Ark 15K is probably the top dog on the market today, but when you look at large scale residential PV, it actually starts making sense, even from a cost perspective.
All in, after the 30% federal tax credit I'll end up paying $2.56/W for my system, including the 38.4 kWh battery backup. That is a really competitive price. If I take out the cost of the battery I'm paying a mere $1.61/W after the federal credit.
Solar only cost:
$2.30/W cash, $1.61/W after federal credit. This is incredibly competitive in today's market. I got a Sol-Ark 15K, Tigo Optimizers, Aptos 440W panels, Unirack racking and mount system, grid disconnect switch and all conduit and wiring.
Battery cost:
$685/kWh cash, $480/kWh after federal credit. This is not as cheap as I could have gotten had I gone with Lifepower from signature solar which is now UL listed and would have worked fine, but this did include a day's work of two guys, conduit for the 4/0 wire, and about 30 ft of 4/0 wire.
With the solar, estimating a 20 year lifetime and 1.29 kWh/W/year I'm estimating 25.8 kWh/W generation which means about $0.105/kWh for electricity including the batteries and assuming 94% self consumption (these are the modeled numbers I got based on my usage data and optimal battery strategy). This hinges on no net metering, no grid export of any kind, just limit to load consumption and using the battery for solar storage.
Now if I can stay on my current power plan with free nights my math gets even better as I can easily assume that I will cover all my power needs and I can safely estimate about 35,000 kWh/year benefit from the panels. At that rate I'm looking at net cost of $0.044/kWh which is an absolute steal! This is again, no grid export and including the cost of batteries.
So yeah, $50k out of pocket for a system is definitely a lot of money up front and not for everyone. But if I assume that solar adds 3-4% to the value of a home I made a solid investment and I will get the money back almost immediately just by virtue of increased home value.
With consumption like that, your rig would practically qualify as a small Solar Farm here on n the Bay Area!Yeah, I used 4.2MWh in July alone so my consumption is a "bit" more than yours.
My pre-solar-purchase electricity rate was $0.089/kWh all day every day. This is what made solar ROI not really viable in Texas in the past and the only people who bought it were the ones who wanted to virtue signal or got duped by sales people. Historically, solar has been getting cheaper year over year which made the proposition of buying now vs. later even less appealing.
The cheapest rates currently available are $0.13 for a 36 month lock-in period so even at that rate solar makes sense. Combine that with the inflation and price uncertainty of solar and I think the time was now to jump in.
The non-tangible benefit for me is the addition of resiliency. I WFH now so having reliable power is a bit more important now than it ever was.