this post was submitted on 17 Nov 2023
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Solar now being the cheapest energy source made its rounds on Lemmy some weeks ago, if I remember correctly. I just found this graphic and felt it was worth sharing independently.

Source: https://ourworldindata.org/cheap-renewables-growth

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[–] Steam-Roller@kbin.social 7 points 1 year ago (5 children)

Do you mind sharing what price one can expect for an install that size (or similar)? I’ve been wanting to install a system like that on my house for a couple years. Now that prices on hardware are more affordable it’s becoming very tempting. I’d love to do it myself.

[–] TangledHyphae@lemmy.world 5 points 1 year ago* (last edited 1 year ago) (1 children)

It depends, $180/mo for 25 years is the agreement and it's directly connected to the grid both ways which required additional work from the power company to inspect and approve. I think given the projections it was rated for about 25,000 kWh per year * 25 years (approaching 85% efficiency after 30 years), which is a good amount of total production for my needs. Edit: it's worth considering what $180/mo will look like in 5 to 20 years.. it will probably be significantly cheaper compared to other power sources because it's generated locally.

[–] Steam-Roller@kbin.social 3 points 1 year ago

Yes the time value of money can work heavily in your favor when projecting that far out. The way the housing market is right now, I might be here for a while 🤣 Thanks for the response!

[–] Danziga@lemmy.world 3 points 1 year ago

AUS here, I just got a 10kw system installed last month, cost 9.5k AUD for everything. So far monitoring the generation, I'll be getting paid next time the bill comes around :)

[–] picnic@kbin.social 3 points 1 year ago

Well, looking at these prices here listed seems like solar in US is really costly for some reason? I have a 9.8kWp system in europe, installed a year or two ago, and it cost me 12k euros. Out of that, I'll get 2ke back in tax rebates, so 1ke for 1kwp.

During summertime, I get 1500kWh approx in a month. I have one AC unit and two electric cars, and a 24U server rack, and can live without electricity bills some months.

[–] Dippy@lemmy.world 2 points 1 year ago

Get 800kwh to 1mwh a month depending on sun coverage. Cost me 23k paid in full.