Berlin-based climate research institute Mercator Research Institute on Global Commons and Climate Change (MCC) has released a new study indicating that, in the last decade, the cost of solar power has dropped by 87 percent, and the cost of battery storage by 85 percent.
Solar power and storage prices have dropped almost 90%::undefined
$50k is a pretty large installation, 18kw-22kw I’d guess for solar only (no battery storage). I’m hoping thats only a max of 100% replacement of electricity sourcing (meaning essentially no net grid consumption after you’re installed). What’s the price per KWh for electricity delivered to your door in St Louis? Its gotta be pretty crazy cheap if you’re that large a consumer of electricity and you’re paying in cash with no battery, and still looking at multiple decades of ROI with the US federal tax credit.
1800sq ft home, my power bill is a few hundred in the summer, I feel there just isn’t any competition here there only 2-3 companies doing it and they’re all small
It could be that those companies are evil, or perhaps their own prices are just very high because the industry isn’t scaled up in your area. Maybe they have a really hard time hiring equalities installers, and have to ship in parts from far away.
It was like that in California 20 years ago but it has changed enormously. When you drive down the street, how many houses have solar? It’s probably 3 in 10 here. I get nonstop Facebook ads and can name about 10 companies. With this comes lower prices. But there are still cheats out there. Never work with a “no money up front” company unless you only want to enjoy 10% of the benefit of the panels. For some it may be the only option but these companies are shysty as hell.
There almost 0 solar houses here, 1 in a hundred maybe. A few businesses have been doing it lately, I’ve seen 2 gas stations and several schools in the area do it. I’d like to get it done before my backwards ass state makes it illegal or something
Bruh I got quoted 50k in St. Louis last year, would take decades for roi
$50k is a pretty large installation, 18kw-22kw I’d guess for solar only (no battery storage). I’m hoping thats only a max of 100% replacement of electricity sourcing (meaning essentially no net grid consumption after you’re installed). What’s the price per KWh for electricity delivered to your door in St Louis? Its gotta be pretty crazy cheap if you’re that large a consumer of electricity and you’re paying in cash with no battery, and still looking at multiple decades of ROI with the US federal tax credit.
That can’t be for a home. If it was it was predatory nonsense. It should be a 7 or 8 year ROI with a 20-30 year service life.
Maybe not all areas have much competition driving prices down? I’m in sunny hippie California where every other house has solar.
1800sq ft home, my power bill is a few hundred in the summer, I feel there just isn’t any competition here there only 2-3 companies doing it and they’re all small
It could be that those companies are evil, or perhaps their own prices are just very high because the industry isn’t scaled up in your area. Maybe they have a really hard time hiring equalities installers, and have to ship in parts from far away.
It was like that in California 20 years ago but it has changed enormously. When you drive down the street, how many houses have solar? It’s probably 3 in 10 here. I get nonstop Facebook ads and can name about 10 companies. With this comes lower prices. But there are still cheats out there. Never work with a “no money up front” company unless you only want to enjoy 10% of the benefit of the panels. For some it may be the only option but these companies are shysty as hell.
There almost 0 solar houses here, 1 in a hundred maybe. A few businesses have been doing it lately, I’ve seen 2 gas stations and several schools in the area do it. I’d like to get it done before my backwards ass state makes it illegal or something
Ouch that sounds rough.