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Blue_Eyed_ME t1_iy8knvd wrote

Reply to comment by metalandmeeples in 6 Month Solar Panels Update by metalandmeeples

So that means you'll recover your costs in less than 7 years? Will you generate enough in longer days to fuel an EV? That would be my ideal... No gas or heating costs!

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metalandmeeples OP t1_iy8kz76 wrote

With the assumption that utility costs will increase an average of 2% a year going forward, yes. I won't know what our excess will be, if any, until we get through a full 12 month cycle. If we do have excess, it's effectively gifted to CMP so I'll need to find a way to use it. I think a heat pump and/or heat pump water heater would be our first purchase but both of those add another initial cost to the equation.

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Blue_Eyed_ME t1_iy8lmeo wrote

I haven't looked into what's coming in federal grants and rebates from recent green-friendly legislation, but your timing is excellent.

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