SCE charges an arm and a leg; I want to keep my limbs.
- Torrance, CA 90501
- 1,720 sq ft
- Solar PV
- October 2017
- Size of System:
- 7.2 kW
- Monitor performance:
- https://monitoringpublic.solaredge.com/solaredge-web/p/site/public?name=Torrance PV#/dashboard
- To generate electricity
- Gross Cost of System:
- Value of Tax Credits:
- Net Cost of System:
- Annual Savings:
- Own or Lease:
- Cash Purchase
- Additional Financial Notes:
- Solar installed in 2017 ($24,000) on a deferred comp loan. Battery system installed in 2023 with cash ($32,000). Currently pay about $12-$20 a month in non-bypassable charges. We usually have a credit of $1000+ by the end of the true up period. Newly purchased EV and charger will draw down on that yearly credit going forward. NEM 2.0 until 2037.
What You Need to Know
7.2 kWh solar tied to 27.2 kWh of battery storage. FranklinWH batteries tied into the existing solar without having to install a new inverter.
The batteries offset the peak power costs but that was not the reason I installed them. In these uncertain times I wanted peace of mind that comes with whole home back up knowing my home will have power when the grid goes down.
Wash the panels once or twice a year. No other maintenance required.
Efficiency or Sustainability Improvements:
Hybrid electric water heater.
The solar system would pay for itself in 5 to 6 years. Power costs will rise but solar helps offset/negate that cost.
I had a new roof installed 6 months earlier. The roofer at the time said if I was going to go solar I should do it at the same time. At the time I didn't think I could afford a new roof *and* solar. I was going by 2 year old estimates for the cost of solar. It wasn't until I found EnergySage last month that I realized I could afford it and prices had come down quite a bit since my original estimate in 2015.
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