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Title: {Mine} Is solar power really economical?
Source: SoSo
URL Source: http://www.northfortynews.com/pvrea ... ommunity-solar-farm-goes-live/
Published: Jan 30, 2015
Author: North Forty News
Post Date: 2015-01-30 17:24:02 by SOSO
Keywords: None
Views: 21147
Comments: 59

Air National Guard couple set to deploy Larimer County’s Senior Tax Work-Off applications accepted starting Feb. 2 PVREA’s second community solar farm goes live By NFN On January 29, 2015 In Dispatches · Add Comment

Poudre Valley Rural Electric Association initiated into production on Jan. 29 the cooperative’s second community solar farm.

The 632 kW Community Solar Farm II, located north of Fort Collins, is generating power for members of PVREA who have purchased panels to offset their electric use. In a partnership with Clean Energy Collective, this project makes two community solar farms for PVREA.

“We recognized the demand for another renewable energy option from our membership, and the overwhelming success and 100 percent sellout of the first solar farm provided us the incentive to establish our second community solar farm,” PVREA CEO Jeff Wadsworth commented.

The cooperative’s first solar farm located at the co-op headquarters is 116 kW powered by 494 solar panels. The second solar farm is more than four times larger with more than 2,200 panels generating 632 kW. Members who are interested have the opportunity to purchase solar panels through Clean Energy Collective. The energy generated from their purchased panels is deducted from their monthly bill.

According to Clean Energy Collective, the average residential member is estimated to see a bill credit of $5 per month per panel and will receive their return of investment in a little over 13 years.

This solar farm adds to the cooperative’s growing renewable energy portfolio, which already includes the cooperative’s first solar farm project, over 160 net-metering applications, the Carter Lake Hydroelectric project and the Green Power Program.

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Begin Trace Mode for Comment # 10.

#10. To: SOSO (#0)

Is solar power really economical?

Yes. It depends where you live, however and how the equipment is setup. As an example: if you live in the Southwestern area of the USA, there is abundant sunshine; if the orientation of the solar voltaic panels face South, you have an excellent investment with various energy conservation techniques such as attic insulation, double pane windows, etc.

A poor investment in solar power is to purchase a thermo-conversion system, i.e: hot water panels and piping. This is a poor investment.

Pridie.Nones  posted on  2015-01-30   22:08:10 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 10.

#11. To: Pridie.Nones, All (#10)

Is solar power really economical?

It depends where you live, however and how the equipment is setup.

But much more on the cost of electricity from your utility. I live in area in which the sun shines over 300 days per year. I have a 3400+ square foot two story home with gas heat and electric A/C. My annual electric bill is well less than $1,800. Assuming that I could install roof top solar to enabale to live off grid, how much do you think that system would cost to install, operate and maintain? If the installation $18,000 that would represent a 10 year payback period (not taking into account maintenance and replacement), $36,000 a 20 year payout. The last time I checked it would cost me much more than $36,000 to save $1,800 a year in electricity bills. Not is the definition of not economical.

Now there are places not too far from where I live that a somewaht remote or with a very low population density wherein the owner of the proprty would have to pay the utility upfront to construct the facilities necessary to provide electric service. Investment in on-site solar generation, as well as a whole range of renewal and energy efficiency facilities, may make good economic sense. But these situations are few and far between.

SOSO  posted on  2015-01-30 23:45:23 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 10.

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