Quote:
Originally Posted by roryn1
Fun fact Friday: Mid Scale Solar can actually fully repay itself off after 7-8 years here based on what Saskpower is willing to currently pay for power and is privately building out right now with their goal of becoming 50% renewable by 2030. The panels are typically fully warrantied for 25 years and the actual lifespan is closer to 50 years.
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What will SaskPower pay for a KWH now? Does this factor in their other charges such as demand charge, distribution, standby, etc. What about financing costs? I am a big solar proponent, but I remain skeptical about some of these pay back calculations. Does anyone have any actual results that are not projections provided by people selling solar systems?
Edit: This seems pretty good, maybe I need to accelerate my plans.
PAYMENT RATES
We credit your excess power at the same rate that you purchase power. Your electricity billing is based on kilowatt-hours (kWh). As an example, if you are purchasing power at $0.14228/kWh (2018),
then your excess power will be credited at that amount.