It’s been over three years since 3 Guys Solar installed our 7.5 kW solar array and it’s about time I report on it’s productivity.
We have received three full years of utility bills for our Net Metering hook-up with our utility provider, Duke energy. How much did you pay for electricity for the past three years? Here’s the total of what we paid for 2016, 2017, and 2018:
- 2016 = $129.70
- 2017 = $ 76.81
- 2018 = $140.03
- TOTAL = $346. 54
That averages out to $9.62 p/month! I’d say that going solar was an awesome investment. Considering the entire system cost $16,800 (after rebate), we’ll receive a return on investment in 7.35 years.
We have managed to be completely NET ZERO for three years and generate more power on site than we consume. By the way, total production from our humble 7.5 kW solar array is 29.4 megawatts . . . . and counting! We have been through hot days, cold days, dark days, and hurricanes. We have produced as little as 2 kW and more than 40 kW a day, but on the average we have managed to generate enough power for us and a little extra to bank for future use. We couldn’t be happier for making that big decision to go solar and no longer dread our monthly electric bill. In fact, it’s a kick to see we only pay, $0.27 a day for electricity.
Going solar is one of the best decisions you can ever make and I have the proof. I have tracked every single day of production since September 2015. The results are overwhelmingly in favor of the benefits of going solar. True, we are not “off the grid”. We pay a Net Metering fee of $10.55 each month for the privilege of having them store our excess power until we need it. I consider that a deal.
Isn’t it about time you go solar too . . . . while rebates are still available?