9-cents is cheap, like BTC mining cheap (commercial is probably around 4.5 if residential is 9).My rates stayed the same. Just over 9 cents per kwh. I think they are able to do this because most people here have solar and they put laws in place so nobody can own a solar battery so if you don't use it as its being produced, you have to sell it back to them for less than 6 cents per kwh.
My rates stayed the same. Just over 9 cents per kwh. I think they are able to do this because most people here have solar and they put laws in place so nobody can own a solar battery so if you don't use it as its being produced, you have to sell it back to them for less than 6 cents per kwh.
That is truly fucking insane. YOU own the solar panels. You made the investment to install them, but the municipality (or state) makes it illegal to be able to store that which YOU generate with your own equipment?
So they are saying that they own the sun, and SUNLIGHT. That is beyond the pale outrageous.
Well, wherever you live is absolute shit.Their excuse is that the batteries are "dangerous", so they wont issue permits to install them. But to be honest, it's not really financially worth it to have a battery. The Tesla Powerwall is $10,500 but only stores 13.5 kwh or a little over $1 worth of power. My solar produces about 7000 kWh per year and I sell about 2500 kWh back to the power company per year which I get $150 for. So it would take quite a long time for that powerwall to pay for itself. Probably longer than its lifespan.
To be honest, its probably a good thing as it stops homeowners from making a financially dumb decision while at the same time keeping everyones rates low and affordable.
Well, wherever you live is absolute shit.
Seriously, you have a couple of bucks? Find a decent place to live for God's sake. The point of making money is not living is Bumfuck Alabama, seriously.
%%Well, wherever you live is absolute shit.
Seriously, you have a couple of bucks? Find a decent place to live for God's sake. The point of making money is not living is Bum...... Alabama, seriously.

TVA=reasonable hydroelectric + coal power.
[Partial disclosure,i dont live in AL]