alt Hacker NewsWhat? No Canada isn't cheap solar power -- last I checked rooftop ballasted solar is a 12-14 year payback on avoided costs. Inverter will go beforehand and that excludes any op costs. 8k$ free loan doesn't really provide as much value as you would think.
FWIW - I am all for solar but selling rooftop solar in canada as cheap and no-brainer is false.
3-4 year payback would be a no brainer. 8-13 year payback with an inverter upgrade and op-costs is definitely a decision that needs to be thought out.
The grid you are offsetting is fairly green to begin with so the net benefit is marginal.
If you are going to be isolated and put backup power into the equation. You ROI tanks further but at least you have about a day or two worth of energy in the storage asset.
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Largely agree, with one big nitpick.
Canada is a massive exporter of electricity to the USA. The more clean energy CND produces the more there is to displace North East's coal.
Of course, solar on Canadians' roof is a joke. A proper regulatory regime would encourage solar in Arizona and encourage lettuce Canada; not vice versa.
You know, when I was researching my system and if it would be worthwhile there were literally dozens and dozens of people who were adamant it couldn’t work here. Too much snow, too tight a valley, electricity already kinda cheap.
I went ahead anyway because I’m a “I’d rather have hard numbers than speculation“ person, and it was literally $0 of my money.
Here we are 18 months later. I have all the hard data, numbers and proof that this system will cost me $0 in the short term, make me over $20,000 in the long term, requires no maintenance and is great.
And yet there are still people like you telling me it can’t work.
I’m proving it does, very well. Panel prices are falling so fast your “last time I looked into it” is woefully out of date.
Why are you denying reality?
Anything under $2.25/watt would put it within under a 4 year payback period, Alberta has good rates for solar. Rooftop solar doesn't have operating costs that I can think of unless you want to clean them and clear snow which is optional. And inverters usually have a 20-25 year warranty.