SackSolStr

8 mesi fadiscuss

yes 7% ROI if no depreciation, but neither panels nor inverter are expected to last much beyond ten years. I was actually chatting with him just now since I got into this discussion, and he said he also needs a maintenance/emergency callout and cleaning contract, thats about €250 a year. In spite of this, he was still happy with doing this, good for the planet, even if not for this wallet. He also put up a large screen with the relevant numbers to train others in the house to use appliances at optimal times.

SackSolStr

8 mesi fadiscuss

You need more information to calculate the ROI. I gave you the peak efficiency, Which comes from clean panels and no clouds. The average efficiency is closer to 70%. While the canaries are pretty sunny, the panels get dirty very quickly (fine dust from Sahara), Actually, if you count cleaning costs, the ROI goes down even more. And also consumptions is at its peak in the evening when there is no sun. He was thinking about getting storage, A Tesla Powerwall 3 installed is about €11,000, No way that is worth it. My impression is that places where ROI is much better is also places where you get more than €0.04 per KWH.

SackSolStr

8 mesi fadiscuss

Or someone who lurks here, but never posts. Not everybody has an account here. I was just curious because I was talking my friend who has the solar just earlier today and he was a bit upset when he ran the numbers.

SackSolStr

8 mesi fadiscuss

In spain he pays more than that on average, and only gets €0.04 for sold KWH. If it was one-to-one credit offset, as you have in Canada, it would certainly be very profitable.

SackSolStr

8 mesi fadiscuss

sorry yes. He told me, installation is 6,000 W and is about 91% efficient at peak. 12 460W panels. panels point in optimal direction. In spain he sells excess to grid at €0.04 per KHW. Lowest cost of importing is €0.085 for KHW at night, about €0.22 at peak hours. He ran the numbers on power not bought (self consumption) + power sold, over a year. He said it comes to about €500 for the year. He added this really surprised him and he started asking around, and this seems to be typical for rooftop solar in the Canarias.

SackSolStr

8 mesi fadiscuss

The payback periods get me confused. A relative set up solar a year ago in one of the sunniest places in Europe, the Canaries, cost €7,000 for 6KW. He just ran the math on it and found out that the payback period is 15 years. The only way to make it profitable is government subsidies. How can it be profitable to install solar in continental Europe where taxes and labor costs are much higher while having much less sun? Why are we using taxpayers' money to subsidize such negative NPV projects?

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