Quote:
Originally Posted by Stormer
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.
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Banks have been financing these projects close to prime if not prime rate. Once Tesla’s solar roof takes off in the next couple years you’ll see a drastically diminished cost. I wouldn’t install until their product hits the Canadian market as I assume competitors will join in to continually lower those prices. SaskPower’s goal is to go 50% renewable by 2030, but the way battery and solar prices are going I could easily see that closer to 100% by 2030. This is based on figures from Bloomberg New Energy Finance.