Opportunity is missed by most people because it is dressed in overalls and looks like work. - Thomas Edison
Did they tell you the longevity of the solar panels? Maintenance/upkeep?
Anyone here use solar power to subside some or all of your power? I knew solar had come a long way but still didn't consider it for the shop.We had a solicitation last week from a solar power installation company. Something about us being in a impoverished/economic development/crappy neighborhood. There was a low interest loans available and even some grants available along with other incentives for putting money into the neighborhood. I knew this was accurate because the neighborhood worked with us when we first bought the building and rehabed it, not letting it become condemned. So I let them come out and give me an estimate look over my electricity bills and see what they could do.To my surprise, not even using our entire roof and only using them at something like an 85% good day or whatever they call it. They said we could subsidize 95% of our full electricity bill in the summer and something like 130% of it in the winter time. Yeah a 130% means they pay us extra money every month for whatever we don't use. He said we'd also probably see more considering the fact that we don't operate on the weekends and don't have any power draw in the evening. He also said it would eliminate our demand charge, which is a huge portion of our bill. On top of all that I would get $1900 dollars a year for 20 years as a check from the power company even if I sell the building for installing the system. Here's the kicker $77,000 for full install from his company, I'm looking to get quotes from 2 other company is but I never even thought it was something that would be viable in a industrial scenario like ours, using flashes, compressors and such all the time. Anybody else have any experience with this or look into it at all?
That $1900 over 20 years is only $40k you still have to make up the other $35k somewhere and honestly don't think your going to save that much to offset that. Now if your doing it to be more green that's a whole different story.
i would be cautious about the weight of the rig on your roof and who is responsible if they damage the roof being an older building. I'm willing to bet it's not in perfect shape now. You may have a $10k bill hiring a engineer to see if the building can support the weight and snow load. It also may turn into a whole new roof. Delaware gives a limited number of grants every year to offset the up front cost. Other then a few who have money to burn if you don't get the grant your not getting the solar because of the cost and 20 or so years to recoup the money. That $1900 over 20 years is only $40k you still have to make up the other $35k somewhere and honestly don't think your going to save that much to offset that. Now if your doing it to be more green that's a whole different story.