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Price of Solar - Page 3

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Posted by Ron Rosenfeld on October 26, 2008, 2:53 am

The costs are probably reasonable.

One rule of thumb is $ per STC watt installed.  The STC rating of your
system would be 6.75kW and so that would come to $4,000.

I see from one online vendor that 30 Sharp 224W panels + a 7000 watt Sunny
Boy inverter can be purchased for $0,708.16.

Add to that several thousand or more dollars for mounts and wiring.  Wiring
includes attaching your inverter to your mains power, and possibly changing
your meter.  That can be expensive.

Add labor and profit.

OK, you might be able to do a bit better if you did everything yourself,
and hired a licensed electrician for the attachment to your main power
line.  But you might not be eligible for the rebate. And you might (or
might not) have an issue with your local inspector.

As to the system being worth it to reduce your electric bill?  You don't
provide enough information to have an opinion.

That depends on what you are paying for electricity (during the day time),
and also your cost of money.

According to PVWATTS, if you are paying 12.5 cents/kWh, for a 5.96kW system
(and I am assuming that is the CEC AC rating, which takes into account real
world performance and inverter efficiency), then you will save $,358.50
per year.

So if you borrow money at 4.5%, your pay-back would be 115 years!

If you used money that you would otherwise be burying in the garden, and
earning nothing on, your pay-back would be 22 years.

Reducing your electrical consumption is a much more cost-effective method
of reducing your electric bill, than is a solar PV system (for most folks).

Posted by Mauried on October 26, 2008, 5:24 am
On Sat, 25 Oct 2008 22:53:13 -0400, Ron Rosenfeld

Something worth trying is to ask the Installer for an itemised quote.
ie the cost of the panels/
the cost of the Inverter.
the cost of the mounting hardware.
the cost of the labor etc.

Then take the quote and see what prices you can buy the same items
Work out what you are being charged for the labor.

Ive tried this now with 5 differant installers, and surprise,
surprise, not one will give an itemised quote.

Posted by Ron Rosenfeld on October 26, 2008, 12:51 pm
 On Sun, 26 Oct 2008 05:24:41 GMT, mauried@tpg.com.au (Mauried) wrote:

Three or four years ago I added about 1.98kW (STC watts) of panels to my
off-grid system.  After discussing things with the installer, we decided I
would purchase the panels and PV controller, and he would supply the rest.

These were Sharp 165W panels -- 12 of them; roof mount; about 125 foot wire
run; and associated wiring.

The controller was an Outback MX60.

There was one pre-install site visit to scope things out; and numerous
emails and phone calls during the design phase.

Obviously, no inverter was included as I already had that part of the

The cost from the installer, for his work, was $,200 or $.626/watt.  And
that included the fact that he lived about 150 miles away.

Prices should be higher today.

Posted by Mauried on October 26, 2008, 10:25 pm
 On Sun, 26 Oct 2008 08:51:43 -0400, Ron Rosenfeld

Yes, you can get a good deal if you look around , but things seem to
change when there are subsidies or rebates involved.
All the quotes Ive got for solar installs which include an $K Govt
rebate, all seem to have ridiculously high install costs which just
seem to be around the same price as the rebate, ie the install cost
just gets increased by about the amount of the rebate.
You cant install them yourself, otherwise you dont get the rebate
and the Installers all know this.

Posted by Eeyore on October 26, 2008, 11:55 pm

Mauried wrote:

SURPRISE !        ;~)

The phrase 'gravy train' comes to mind.


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