time till a solar panel pays itself off?
how long till a 150 watt solar panel pays itself off in buffalo, ny if its 0. i have national grid and heres the link to the rates. https://www.nationalgridus.com/niagaramohawk/home/rates/4_tou.asp i am residential.
Tagged with: buffalo ny • national grid • solar panel • tou
Filed under: Solar Panel Questions And Additional Information
the Department of Energy has a ‘ solar hours calculator" for locations around the US factoring in hours of sunlight…..the other factor is how perpendicular to the sun the panel is…..as a wild guess I’d say Buffalo’s solar hours factor is about 3….which means as an average over 365 days you get 3 hours a day of maximum ( 150 watts ) output. So 3 x 150 x 365 = 164.25 kWh a year.
At, say, 15 cents a kWh, you’re making $24.63 a year worth of electricity.
See why the houses of upstate New York..let alone Ohio or Virginia or Georgia…..aren”t covered in panels?
lots of info about solar panels, perhaps you’ll find answer to your question http://renewableenergyarticles.blogspot.com/search/label/solar%20panels