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To: Eric who wrote (185417)8/26/2014 2:44:07 PM
From: Keith J  Read Replies (1) | Respond to of 206085
 
Eric,

Not everyone can get installation without any labor cost (or profit for the installer).

I will agree that Hawaii should be relatively cost competitive given electricity prices above 30 cents/kwh. CA, well that is mostly self-inflicted as to why their electric prices are so high. Although without gov't incentives, may not be as cost competitive as you indicate.

Here in Maryland, without gov't incentives (federal, state, county) and RECs (which is really a state gov't requirement on the utilities), my simple payback period (without any financing/opportunity costs factored in) would be in the vicinity of 25 years (for a 5kw, $18k rooftop system generating 5500 kwh annually with 13 cents electricity cost). I think I could obtain better return than 4% on my capital elsewhere (although I do realize it would increase my home value, so isn't exactly a fair comparison).

With incentives and RECs (say $500 annually, at least for the near term), the same system would pay back in less than 8 years. My challenge is my roof may need to be re-shingled before I'd install solar, which would increase my costs (as my roof isn't at end of lifetime currently, but likely wouldn't last as long as the solar panels). That said, I may at least get some quotes in mid to late 2015 for early 2016 install, before the 30% credit may be reduced (along with quotes for roof replacement).

KJ



To: Eric who wrote (185417)8/26/2014 4:32:52 PM
From: Joe Frigabaldi  Read Replies (2) | Respond to of 206085
 
How do you think the panels would hold up to a say once in five years central/west Texas hail storm where you have golf ball size hailstones for 10 or 15 minutes with an occasional tennis ball sized one? FYI, my roofing material is cast concrete shingles and they have held up just fine for the last 25 years.



To: Eric who wrote (185417)8/27/2014 12:13:51 PM
From: Dennis Roth1 Recommendation

Recommended By
evestor

  Respond to of 206085
 
HECO plans to cut bills by 20% by 2030
By Kathryn Mykleseth
POSTED: 05:42 p.m. HST, Aug 26, 2014 staradvertiser.com

...HECO envisions a tripling of solar power generation in Hawaii but said the cost of upgrades to the grid needed as a result of the added renewable energy may have to be paid for by a one-time charge to customers installing new PV systems...

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Candlelight vigil held for Hawaii's solar industry
6:49 AM HST Aug 26, 2014
kitv.com!bK8az0

..The demonstrators came to the candlelight vigil with songs and signs.They even passed around a get-well card for people to sign.
They are worried about the health of Hawaii's solar industry.

"We have a solar panel on a stretcher hooked up to life support, to represent how the industry is doing. We know that solar has been struggling," said Caitlin Pomerantz, with the Sierra Club...

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If you want to hook up your PV system to the grid, you're going to have to pay for the privilege.