I am not sure how canning food affects power consumption.You can save 60k!
Just use oil lamps,wood stove, can your food and tote water.
It's not so much about conserving as timing. Showers, laundry, baking etc. in early afternoon at peak sun rather than after sunset. Our power goes out periodically so it is good to have. The derecho knocked out local power for over 2 weeks. Daytime temps were around 107-110 and 90+ humidity. We have a young friend that earns a few extra $$ helping me around the farm and his wife was pregnant, so she stayed with us. Then she had 3 friends from her Lamaze classes that were stuck without AC as well so they stayed with us.It seems that those who get by on solar have to conserve so much to do it...If they just conserved that much on grid power, their costs would be next to nothing anyway...
Grid power probably costs you ~$100/m...Your iPhone and cable or satellite TV each cost you more than that.
The only good reason to go solar is to ensure power security when the grid goes down.
You must have got quotes from Commucrats. Our whole system cost a little north of $20K. Since then prices have come down. I estimate we save on average about $150 per month. Again, we don't go way out of our way to conserve. We also get a green energy production credit of a few hundred dollars a year. I figure at this point we've recouped the investment, but that was only part of the equation.Yep. I looked into it hard for our new construction build. Would cost north of $30k to power our Homestead as grid-tied, and close to $60k to be off grid (with $30k replacement batteries every ten years of so), all to save a $500/month electric bill (hoping it's not that high!).
But invest that $60k at 10%/year and I can make about $500/month, and I still have my $60k principle.
I likely am in the market for a larger system than you. I talked to four different companies, all gave relatively similar prices.You must have got quotes from Commucrats. Our whole system cost a little north of $20K. Since then prices have come down. I estimate we save on average about $150 per month. Again, we don't go way out of our way to conserve. We also get a green energy production credit of a few hundred dollars a year. I figure at this point we've recouped the investment, but that was only part of the equation.
Off-grid on solar power is not about saving money, nor is it about trying to invest money for the highest return.I likely am in the market for a larger system than you. I talked to four different companies, all gave relatively similar prices.
But funny thing is....the math is still the same. If you invested that $20,000 and got 10% interest you would make $2000 a year.
Instead you save $150/month, which is $1800/year....and you don't have the $20,000 principle.
It is an entirely different equation for those who have to be off-grid. One might build in an area where it would cost ANOTHER $20K or more just to get the grid to you, or the grid might be so sporadic that you need ability to produce for long periods. And then there is the SHTF scenario.Off-grid on solar power is not about saving money, nor is it about trying to invest money for the highest return.
I have access to grid power, but without solar I would need to use generators. My math is done comparing the cost of generator fuel as compared to solar power.
I have a regular power hook up, but I have many neighbors who are off grid. The guy who drilled my well is off grid at his place. The nearest power line to his property is a half a mile away. They wanted $25,000.00 to run power to his place. There is a reason he bought the land so cheap.Do you end up paying nothing to the power company, or are you just off grid?
What months?... you could make allmost all your power grid tied except a few months out of the year.
'pay back' and 'break even' are fantasy ideas.... But the cost to buy the solar with a 20 year pay back it seams like you break even
It only makes sense to look at 'Power rates' if you can assume that grid power is available 24/7.... The only wild card is you rate won’t go up , so I think power goes up 4% a year and in 10 years you could save some money .
That is pretty much what I have here.... I’m off grid and if dident snow , I make enough power to run a 2800 sf cabin. I’m sitting in my chair with the tv on typing on my iPad I have regular house load frig /freezers i don’t really use much power Over nite And most days the solar charges the battery by noon so really day time has unlimited usage .
Among my neighbors it is very common to see two generators.... I just run the Honda in the morning to make up the difference .
I think there are a couple flaws in your thinking.Solar power equipment depreciates over 7 years, that is IRS law. Over a 7 year period, every penny spent on solar power gets depreciated.
If you depreciate all the expenses 100% over 7 years, there is no way you can do the math to say the 'break even' is 20 years. It has to be something less than 7 years.