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Are you paying an average of $120 or more for your electricity each month? Knowing how much you pay for electricity is the first step in deciding whether you are a good candidate for Solar PV. The more you currently spend on electricity, the faster the payback will be on a Solar PV system. You can decide to get a PV system that matches some or all of your load.
You might be thinking of increasing your electric load, which will make you a better candidate for Solar. Are you thinking of adding one or more Electric Vehicle? Are you considering changing gas appliances, such as dryers, stoves or ovens, with electric ones?
This increase in your electric load can put you in a higher bill bracket, making Solar a more attractive alternative.
Most people use more electricity in the winter when the days are shorter, the sky is more cloud-covered, and the heat is on (even gas furnaces use electricity if they have a fan). Electricity usage also tends to go up at night. On the other hand, Solar panels generate electricity during the day when the sun is shining.
The more you can match your electricity use to the time you are generating electricity, the better deal you get:
Buying a solar photovoltaic (PV) system is a big investment, one that may not pay back for 10 to 15 years. Ideally, you would want to live in the home long enough to get a payback on your investment. If you pay for your Solar PV system using a PACE loan, the loan stays with the house:
There are several things to consider, including:
For example, you might want to do your part to reduce greenhouse gas emissions into the atmosphere. From 2020, Alameda Municipal Power will be providing you with 100% Clean Energy so you might want to take advantage of other ways to do your part for the planet.