Yes, you have a good deal for those whacked out utility costs over there. You also got in at a good time with the reimbursement rate before CA took it away.Wow!
I gassed up our trusty Tundra the other day at Costco; prices shot up again to $4.29 for 87*. I think I paid $3.79 or $3.89 last time...
Of course I pay next to nothing (maybe $10 per month last year after annual true up) to run the house and Tesla on electricity thanks to 330+ days of sunshine...
Kind of sad for the disadvantaged there though, those who can least afford the electric cost also can not afford panels or even live in a place where they could install them. Those rates really are regressive at over 30 cents kWh.
We are lucky in much of the Carolinas. Many of us have non profit electric co-ops. I have since we moved here from NY 18 years ago.
If we were to get panels our electric co-op pays us full retail for the electric we sell back. 10 cents a kWh.
But the thing is, we can afford the luxury of not having panels and associated costs because @ 10 cent kWh electric is dirt cheap. So no need for panels on my Pyramid Hip Roof which I actually like to look at *LOL* No increased insurance cost and having them would most likely decrease the value of the house here. I mean NO one has them except to my surprise recently one new home, owners just moved in, havent spoke to them, I wonder what state they are from

Plus the benefit of low taxes, low building costs, we have a truly 1 year old energy efficient home whose cost to run still mystifies me. Here in the land of the free, where we are free to do anything because costs are so low I bet we are more aggressive saving energy than the states that legislate it.
I love electronics and past posts of mine would love to have a small number of panels on one side of the roof that cant be seen from the street (or when I pull in my driveway) to supplement by heat pump which runs 24 hours a day 7 days a week. REPEAT, as a fun thing. I certainly will not save one penny in the next (hopefully) 20 years of my life time but I like electronics, still I would never make up the cost.
As far as vehicles, cost would be a dead heat for us. EV vs Gas. I am interested in an EV as a second car for convenience (no maintenance and I love electronics) but I think it would not save me anything since it is used infrequently plus the cost of insurance WILL be higher. Cheap to charge at 10 cents kWh though but we use little gas anyway so not a factor for us.
Ok, I did a lot of talking, here are my electric bills for the last year. I know you know how cheap as I posted the full bill many times.
But for others reading this thread, may not know. New home, windows never open every day of the year the system is running either in AC mode or Heat Pump mode.
We do have propane hot water, stove cook top and fireplace. Clothers Dryer is electric, oven is electric
This is our "retirement" home, 3 bedrooms plus office (could also be used as a BR) 1,800 sq ft. and these electric bills include EVERY DAY of the year the AC is running or the HEAT PUMP is running. We never open our windows.
BTW!!! I JUST ADDED THIS UP, MY ANNUAL ELECTRIC COST OF $1,368.36 IS WITHIN $100 OF MY PROPERTY TAXES FOR THE YEAR TOO! *LOL* Cant make this stuff up! ... and we live in a gated resort community with its own security force *LOL* Granted we have an HOA fee of $100 a month which is still cheap.
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