03-04-2020, 09:10 AM
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Out of plain curiosity (I was interested getting solar panels) I had someone come by and give me an estimate.
Last edited by Need4Camaro; 03-04-2020 at 09:18 AM ..
03-04-2020, 10:08 AM
Location: Austin, TX
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The 'grants' do change year-over-year and are, in general, being reduced so as to not inconvenience the oil companies
. I am not sure on the current or near-future levels, though.
You really do need to do a quite a bit of research and get proposals from multiple companies - they are out to make whatever money they can get away with.
Also, as to financing, what is that, 4.5% for 15 years with nothing down or something similar? That comes out to ~$122/month but you also pay $6,000 in interest. If at all possible, something more aggressive time-wise or rate-wise (with the recent drop) might be worth considering. I looks like 25% down with 4.5% for 10 years comes out to $124/mo. and is right at $3,000 in interest.
The panels/installation cannot be added to the value of your house for property taxes, but they DO add value to your house. So you don't need to offset your entire electric bill to break even, really. And you will still pay a connection fee, even if you zero-out (over the year) your bill.
I personally know three people that have put on solar, and one is completely 'free' of electric bills, but he over-sized (and paid more) on purpose. The other two are close to annual break-even (I would guess ~80%?), but I am not really sure exactly.
I have not put panels on my house as my south-facing roof is shaded and my east-west faces are limited/partially shaded; otherwise, I would have done it years ago. AustinEnergy has a rebate on top of the federal rebate, as well, if you are in their service area, but it sounds like you are not.
03-04-2020, 10:43 AM
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Quote:
Originally Posted by
Trainwreck20
The 'grants' do change year-over-year and are, in general, being reduced so as to not inconvenience the oil companies
. I am not sure on the current or near-future levels, though.
You really do need to do a quite a bit of research and get proposals from multiple companies - they are out to make whatever money they can get away with.
Also, as to financing, what is that, 4.5% for 15 years with nothing down or something similar? That comes out to ~$122/month but you also pay $6,000 in interest. If at all possible, something more aggressive time-wise or rate-wise (with the recent drop) might be worth considering. I looks like 25% down with 4.5% for 10 years comes out to $124/mo. and is right at $3,000 in interest.
The panels/installation cannot be added to the value of your house for property taxes, but they DO add value to your house. So you don't need to offset your entire electric bill to break even, really. And you will still pay a connection fee, even if you zero-out (over the year) your bill.
I personally know three people that have put on solar, and one is completely 'free' of electric bills, but he over-sized (and paid more) on purpose. The other two are close to annual break-even (I would guess ~80%?), but I am not really sure exactly.
I have not put panels on my house as my south-facing roof is shaded and my east-west faces are limited/partially shaded; otherwise, I would have done it years ago. AustinEnergy has a rebate on top of the federal rebate, as well, if you are in their service area, but it sounds like you are not.
If AustinEnergy is restricted to coautilities then I'm definitely outside of range. I'm in PEC territory. I may look into the 25% down option and pay less interest over 10 years. I'll keep looking around to see what other kinds of bids I get. This company just so happened to be right across 183 from where I live so it was convenient. With the added value of the home it sounds like its overall worth it even if you fall slightly under the electric bill.
Also as a side note, is that natural gas power plant in Downtown Austin where we get our power from? I've been wondering that.
03-04-2020, 11:09 AM
Location: Austin, TX
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Quote:
Originally Posted by
Need4Camaro
[...]
This wiki looks to be pretty accurate. The downtown plants have long since closed down, Holly Street being the last one.
https://en.wikipedia.org/wiki/Austin_Energy
Edit: It looks like the AE rebate is a flat $2,500 at the moment. And yes, you have to be paying your electric bill to AE to be able to get the rebates.
03-04-2020, 11:13 AM
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Quote:
Originally Posted by
Trainwreck20
I was wondering that, it was odd for there to be a power plant right smack in downtown.
03-04-2020, 11:57 AM
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solar is worth it, but to get a decent return you need the federal tax credit and local rebate. Even then the break even point is like 10 years out.
03-04-2020, 12:54 PM
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We built our house, so it was easy to include solar panels in the plans and in the mortgage. The builder did need to make the roof strong enough to handle the panels, so I'm not sure that's always a given. Also, Austin Energy made us change one of the panels because of a shadow from a utility pole. But in the end, we did get a rebate from Austin Energy, and a tax credit on our federal tax return. This was in 2016, so I don't know if anything has changed. We usually build up a small credit on our electric bill during the winter and then spend it and more over the summer.
03-04-2020, 01:10 PM
Location: Austin, TX
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Reputation: 8617
Quote:
Originally Posted by
KingHenryFour
We built our house, so it was easy to include solar panels in the plans and in the mortgage. The builder did need to make the roof strong enough to handle the panels, so I'm not sure that's always a given. Also, Austin Energy made us change one of the panels because of a shadow from a utility pole. But in the end, we did get a rebate from Austin Energy, and a tax credit on our federal tax return. This was in 2016, so I don't know if anything has changed. We usually build up a small credit on our electric bill during the winter and then spend it and more over the summer.
I have never heard of a roof not being strong enough, but I suppose it is possible. AE is extremely particular in its review process for solar panels, but most installers now this and it is not a problem. Currently, I think you 'earn' a credit of 9.7 cents per kWh.
If you stay in the 'low' tiers (less than 1,000 kWh/mo), you can do quite well. If you often exceed 1000 kWh, you get in the more expense charges and the credits are constant.
03-05-2020, 08:53 PM
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I'm on Oncor & have never figured out how to make solar worth while given our roof geometry. My electric bill averages less than $110 a month & we consume a lot of electricity in the evening/night. The buyback for Oncor seems to be a lot lower than Austin Energy. Also seems like the solar installation companies really push that cost of electricity will increase each year, but I haven't noticed that to be the case. My kilowatt/hour price is half of what it was 12 years ago when I started tracking it and I'm skeptical that it is going to increase drastically. Half of my bill is grid maintenance, which I would need to pay regardless if I had solar.
03-05-2020, 09:32 PM
Location: Austin, TX
15,273 posts, read
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Reputation: 8617
Quote:
Originally Posted by
wildflower_FL
I'm on Oncor & have never figured out how to make solar worth while given our roof geometry. My electric bill averages less than $110 a month & we consume a lot of electricity in the evening/night. The buyback for Oncor seems to be a lot lower than Austin Energy. Also seems like the solar installation companies really push that cost of electricity will increase each year, but I haven't noticed that to be the case. My kilowatt/hour price is half of what it was 12 years ago when I started tracking it and I'm skeptical that it is going to increase drastically. Half of my bill is grid maintenance, which I would need to pay regardless if I had solar.
The deregulated companies really don't want you to put solar on, the munis and coops are the only ones that are cost-effective, usually, due to better rates they give you for your generation.
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Educational Attainment - No schooling completed (%)
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School enrollment - Not enrolled (%)
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Median number of rooms in apartments
Housing units lacking complete plumbing facilities (%)
Housing units lacking complete kitchen facilities (%)
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Urban houses (%)
Rural houses (%)
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Geographical mobility - Same house 1 year ago (%)
Geographical mobility - Moved within same county (%)
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Housing units in structures - 1, detached (%)
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Housing units in structures - 2 (%)
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Housing units in structures - 5 to 9 (%)
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Housing units in structures - 20 to 49 (%)
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Housing units in structures - Mobile home (%)
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House/condo owner moved in on average (years ago)
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Year householder moved into unit - Moved in 1969 or earlier (%)
Means of transportation to work - Drove car alone (%)
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People in Group quarters - On base (%)
People in Group quarters - Barracks, unaccompanied personnel housing (UPH), (Enlisted/Officer), ;and similar group living quarters for military personnel (%)
People in Group quarters - Transient quarters for temporary residents (%)
People in Group quarters - Military ships (%)
People in Group quarters - Group homes (%)
People in Group quarters - Homes or halfway houses for drug/alcohol abuse (%)
People in Group quarters - Homes for the mentally ill (%)
People in Group quarters - Homes for the mentally retarded (%)
People in Group quarters - Homes for the physically handicapped (%)
People in Group quarters - Other group homes (%)
People in Group quarters - Religious group quarters (%)
People in Group quarters - Dormitories (%)
People in Group quarters - Agriculture workers' dormitories on farms (%)
People in Group quarters - Job Corps and vocational training facilities (%)
People in Group quarters - Other workers' dormitories (%)
People in Group quarters - Crews of maritime vessels (%)
People in Group quarters - Other nonhousehold living situations (%)
People in Group quarters - Other noninstitutional group quarters (%)
Residents speaking English at home (%)
Residents speaking English at home - Born in the United States (%)
Residents speaking English at home - Native, born elsewhere (%)
Residents speaking English at home - Foreign born (%)
Residents speaking Spanish at home (%)
Residents speaking Spanish at home - Born in the United States (%)
Residents speaking Spanish at home - Native, born elsewhere (%)
Residents speaking Spanish at home - Foreign born (%)
Residents speaking other language at home (%)
Residents speaking other language at home - Born in the United States (%)
Residents speaking other language at home - Native, born elsewhere (%)
Residents speaking other language at home - Foreign born (%)
Class of Workers - Employee of private company (%)
Class of Workers - Self-employed in own incorporated business (%)
Class of Workers - Private not-for-profit wage and salary workers (%)
Class of Workers - Local government workers (%)
Class of Workers - State government workers (%)
Class of Workers - Federal government workers (%)
Class of Workers - Self-employed workers in own not incorporated business and Unpaid family workers (%)
House heating fuel used in houses and condos - Utility gas (%)
House heating fuel used in houses and condos - Bottled, tank, or LP gas (%)
House heating fuel used in houses and condos - Electricity (%)
House heating fuel used in houses and condos - Fuel oil, kerosene, etc. (%)
House heating fuel used in houses and condos - Coal or coke (%)
House heating fuel used in houses and condos - Wood (%)
House heating fuel used in houses and condos - Solar energy (%)
House heating fuel used in houses and condos - Other fuel (%)
House heating fuel used in houses and condos - No fuel used (%)
House heating fuel used in apartments - Utility gas (%)
House heating fuel used in apartments - Bottled, tank, or LP gas (%)
House heating fuel used in apartments - Electricity (%)
House heating fuel used in apartments - Fuel oil, kerosene, etc. (%)
House heating fuel used in apartments - Coal or coke (%)
House heating fuel used in apartments - Wood (%)
House heating fuel used in apartments - Solar energy (%)
House heating fuel used in apartments - Other fuel (%)
House heating fuel used in apartments - No fuel used (%)
Armed forces status - In Armed Forces (%)
Armed forces status - Civilian (%)
Armed forces status - Civilian - Veteran (%)
Armed forces status - Civilian - Nonveteran (%)
Fatal accidents locations in years 2005-2021
Fatal accidents locations in 2005
Fatal accidents locations in 2006
Fatal accidents locations in 2007
Fatal accidents locations in 2008
Fatal accidents locations in 2009
Fatal accidents locations in 2010
Fatal accidents locations in 2011
Fatal accidents locations in 2012
Fatal accidents locations in 2013
Fatal accidents locations in 2014
Fatal accidents locations in 2015
Fatal accidents locations in 2016
Fatal accidents locations in 2017
Fatal accidents locations in 2018
Fatal accidents locations in 2019
Fatal accidents locations in 2020
Fatal accidents locations in 2021
Alcohol use - People drinking some alcohol every month (%)
Alcohol use - People not drinking at all (%)
Alcohol use - Average days/month drinking alcohol
Alcohol use - Average drinks/week
Alcohol use - Average days/year people drink much
Audiometry - Average condition of hearing (%)
Audiometry - People that can hear a whisper from across a quiet room (%)
Audiometry - People that can hear normal voice from across a quiet room (%)
Audiometry - Ears ringing, roaring, buzzing (%)
Audiometry - Had a job exposure to loud noise (%)
Audiometry - Had off-work exposure to loud noise (%)
Blood Pressure & Cholesterol - Has high blood pressure (%)
Blood Pressure & Cholesterol - Checking blood pressure at home (%)
Blood Pressure & Cholesterol - Frequently checking blood cholesterol (%)
Blood Pressure & Cholesterol - Has high cholesterol level (%)
Consumer Behavior - Money monthly spent on food at supermarket/grocery store
Consumer Behavior - Money monthly spent on food at other stores
Consumer Behavior - Money monthly spent on eating out
Consumer Behavior - Money monthly spent on carryout/delivered foods
Consumer Behavior - Income spent on food at supermarket/grocery store (%)
Consumer Behavior - Income spent on food at other stores (%)
Consumer Behavior - Income spent on eating out (%)
Consumer Behavior - Income spent on carryout/delivered foods (%)
Current Health Status - General health condition (%)
Current Health Status - Blood donors (%)
Current Health Status - Has blood ever tested for HIV virus (%)
Current Health Status - Left-handed people (%)
Dermatology - People using sunscreen (%)
Diabetes - Diabetics (%)
Diabetes - Had a blood test for high blood sugar (%)
Diabetes - People taking insulin (%)
Diet Behavior & Nutrition - Diet health (%)
Diet Behavior & Nutrition - Milk product consumption (# of products/month)
Diet Behavior & Nutrition - Meals not home prepared (#/week)
Diet Behavior & Nutrition - Meals from fast food or pizza place (#/week)
Diet Behavior & Nutrition - Ready-to-eat foods (#/month)
Diet Behavior & Nutrition - Frozen meals/pizza (#/month)
Drug Use - People that ever used marijuana or hashish (%)
Drug Use - Ever used hard drugs (%)
Drug Use - Ever used any form of cocaine (%)
Drug Use - Ever used heroin (%)
Drug Use - Ever used methamphetamine (%)
Health Insurance - People covered by health insurance (%)
Kidney Conditions-Urology - Avg. # of times urinating at night
Medical Conditions - People with asthma (%)
Medical Conditions - People with anemia (%)
Medical Conditions - People with psoriasis (%)
Medical Conditions - People with overweight (%)
Medical Conditions - Elderly people having difficulties in thinking or remembering (%)
Medical Conditions - People who ever received blood transfusion (%)
Medical Conditions - People having trouble seeing even with glass/contacts (%)
Medical Conditions - People with arthritis (%)
Medical Conditions - People with gout (%)
Medical Conditions - People with congestive heart failure (%)
Medical Conditions - People with coronary heart disease (%)
Medical Conditions - People with angina pectoris (%)
Medical Conditions - People who ever had heart attack (%)
Medical Conditions - People who ever had stroke (%)
Medical Conditions - People with emphysema (%)
Medical Conditions - People with thyroid problem (%)
Medical Conditions - People with chronic bronchitis (%)
Medical Conditions - People with any liver condition (%)
Medical Conditions - People who ever had cancer or malignancy (%)
Mental Health - People who have little interest in doing things (%)
Mental Health - People feeling down, depressed, or hopeless (%)
Mental Health - People who have trouble sleeping or sleeping too much (%)
Mental Health - People feeling tired or having little energy (%)
Mental Health - People with poor appetite or overeating (%)
Mental Health - People feeling bad about themself (%)
Mental Health - People who have trouble concentrating on things (%)
Mental Health - People moving or speaking slowly or too fast (%)
Mental Health - People having thoughts they would be better off dead (%)
Oral Health - Average years since last visit a dentist
Oral Health - People embarrassed because of mouth (%)
Oral Health - People with gum disease (%)
Oral Health - General health of teeth and gums (%)
Oral Health - Average days a week using dental floss/device
Oral Health - Average days a week using mouthwash for dental problem
Oral Health - Average number of teeth
Pesticide Use - Households using pesticides to control insects (%)
Pesticide Use - Households using pesticides to kill weeds (%)
Physical Activity - People doing vigorous-intensity work activities (%)
Physical Activity - People doing moderate-intensity work activities (%)
Physical Activity - People walking or bicycling (%)
Physical Activity - People doing vigorous-intensity recreational activities (%)
Physical Activity - People doing moderate-intensity recreational activities (%)
Physical Activity - Average hours a day doing sedentary activities
Physical Activity - Average hours a day watching TV or videos
Physical Activity - Average hours a day using computer
Physical Functioning - People having limitations keeping them from working (%)
Physical Functioning - People limited in amount of work they can do (%)
Physical Functioning - People that need special equipment to walk (%)
Physical Functioning - People experiencing confusion/memory problems (%)
Physical Functioning - People requiring special healthcare equipment (%)
Prescription Medications - Average number of prescription medicines taking
Preventive Aspirin Use - Adults 40+ taking low-dose aspirin (%)
Reproductive Health - Vaginal deliveries (%)
Reproductive Health - Cesarean deliveries (%)
Reproductive Health - Deliveries resulted in a live birth (%)
Reproductive Health - Pregnancies resulted in a delivery (%)
Reproductive Health - Women breastfeeding newborns (%)
Reproductive Health - Women that had a hysterectomy (%)
Reproductive Health - Women that had both ovaries removed (%)
Reproductive Health - Women that have ever taken birth control pills (%)
Reproductive Health - Women taking birth control pills (%)
Reproductive Health - Women that have ever used Depo-Provera or injectables (%)
Reproductive Health - Women that have ever used female hormones (%)
Sexual Behavior - People 18+ that ever had sex (vaginal, anal, or oral) (%)
Sexual Behavior - Males 18+ that ever had vaginal sex with a woman (%)
Sexual Behavior - Males 18+ that ever performed oral sex on a woman (%)
Sexual Behavior - Males 18+ that ever had anal sex with a woman (%)
Sexual Behavior - Males 18+ that ever had any sex with a man (%)
Sexual Behavior - Females 18+ that ever had vaginal sex with a man (%)
Sexual Behavior - Females 18+ that ever performed oral sex on a man (%)
Sexual Behavior - Females 18+ that ever had anal sex with a man (%)
Sexual Behavior - Females 18+ that ever had any kind of sex with a woman (%)
Sexual Behavior - Average age people first had sex
Sexual Behavior - Average number of female sex partners in lifetime (males 18+)
Sexual Behavior - Average number of female vaginal sex partners in lifetime (males 18+)
Sexual Behavior - Average age people first performed oral sex on a woman (18+)
Sexual Behavior - Average number of woman performed oral sex on in lifetime (18+)
Sexual Behavior - Average number of male sex partners in lifetime (males 18+)
Sexual Behavior - Average number of male anal sex partners in lifetime (males 18+)
Sexual Behavior - Average age people first performed oral sex on a man (18+)
Sexual Behavior - Average number of male oral sex partners in lifetime (18+)
Sexual Behavior - People using protection when performing oral sex (%)
Sexual Behavior - Average number of times people have vaginal or anal sex a year
Sexual Behavior - People having sex without condom (%)
Sexual Behavior - Average number of male sex partners in lifetime (females 18+)
Sexual Behavior - Average number of male vaginal sex partners in lifetime (females 18+)
Sexual Behavior - Average number of female sex partners in lifetime (females 18+)
Sexual Behavior - Circumcised males 18+ (%)
Sleep Disorders - Average hours sleeping at night
Sleep Disorders - People that has trouble sleeping (%)
Smoking-Cigarette Use - People smoking cigarettes (%)
Taste & Smell - People 40+ having problems with smell (%)
Taste & Smell - People 40+ having problems with taste (%)
Taste & Smell - People 40+ that ever had wisdom teeth removed (%)
Taste & Smell - People 40+ that ever had tonsils teeth removed (%)
Taste & Smell - People 40+ that ever had a loss of consciousness because of a head injury (%)
Taste & Smell - People 40+ that ever had a broken nose or other serious injury to face or skull (%)
Taste & Smell - People 40+ that ever had two or more sinus infections (%)
Weight - Average height (inches)
Weight - Average weight (pounds)
Weight - Average BMI
Weight - People that are obese (%)
Weight - People that ever were obese (%)
Weight - People trying to lose weight (%)
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. I am not sure on the current or near-future levels, though.
