Monday, January 10, 2011

Solar Panel Project

The panels are completely installed. 39 Panels at 235watts each, here are the pictures.






Now we have to wait for the State Inspectors to come round and give their blessing, and for the Power Company to replace our meter with a new Netmeter so we can sell power back to them

7 comments:

Maxwell Smart said...

Wow, that's a lot of panels. Congrats!

MagiK said...

Really looking forward to the spring and summer to see how much they actually put out :D

Future Games Dev said...
This comment has been removed by the author.
Future Games Dev said...

wow thats freaking awesome! how much did it cost?

MagiK said...

Total Cost of project ~$50,000
After Tax Rebates, Government grants, State and Local incentive programs cost is ~$23,000 - $25,000

Return on Investment pay off (point at which we get our money back through savings in power, power sales to the power company and SREC's) is 4.5 to 5 years unless the cost of power goes up in which case it will be sooner.

Home on the Range said...

Excellent! Send some of that heat this way.

MagiK said...

Would if I could but we are still waiting for the power company to give us the new meter, we are not allowed to turn the thing on till they do, due to regulations....which means we are still waiting to get any power o0ut of it.