Solar Power generation in Alberta - Truly competitive now, or soon?

[Darkane]

This quote is hidden because you are ignoring this member. Show Quote

That's almost 2 grand in savings with the higher summer rates isn't it? Plus the extra bit you gain from selling carbon credits. So at ~15k installed cost that's only 7 years payback. Seems pretty good deal.

I only get $1000 at 12 cents a kW.

And the pool price is falling, that’s just my locked in rate.

What did I miss?

[pheoxs]

This quote is hidden because you are ignoring this member. Show Quote

I only get $1000 at 12 cents a kW.

And the pool price is falling, that’s just my locked in rate.

What did I miss?

Solar club gives you like ~30 cents per kwh for what you sell to the grid. And you save the power plus the bs enmax fees on the power you consume that you produced.

So shit math give or take it's 30 cents gained on half that power and ~15 cents saved on the other half.

[phreezee]

This quote is hidden because you are ignoring this member. Show Quote

What did I miss?

The $5000 I got from the government brings down the out of pocket cost to ~$10k

[Darkane]

Indeed. Thanks guys.

[89coupe]

We were quoted $44,000 for a 11.5 KW system.
Would take 10 years for it to pay itself off.

We didn’t think it was worth it.

[max_boost]

This quote is hidden because you are ignoring this member. Show Quote

We were quoted $44,000 for a 11.5 KW system.
Would take 10 years for it to pay itself off.

We didn’t think it was worth it.

not to mention that 44k would be 114k in 10 years compounded 10% yoy spy baby

[redline]

This quote is hidden because you are ignoring this member. Show Quote

We were quoted $44,000 for a 11.5 KW system.
Would take 10 years for it to pay itself off.

We didn’t think it was worth it.

Was that from a door to door sales guy? And for how big of system?

[redline]

This quote is hidden because you are ignoring this member. Show Quote

The $5000 I got from the government brings down the out of pocket cost to ~$10k

Too bad that program does not exist anymore… they are talking about replacing it but no word yet…

- - - Updated - - -

This quote is hidden because you are ignoring this member. Show Quote

not to mention that 44k would be 114k in 10 years compounded 10% yoy spy baby

No, there is still up to a 40k interest free loan from the feds

[ZenOps]

They are starting to remove government subsidies all over the world now, even India.

Logic seems to be that people who can afford solar are making too much money and forcing all the poor people with no land to pay up for overpriced carbon.

How the turns have tabled.

[BerserkerCatSplat]

This quote is hidden because you are ignoring this member. Show Quote

We were quoted $44,000 for a 11.5 KW system.
Would take 10 years for it to pay itself off.

We didn’t think it was worth it.

That seems high, our 10.0KW system was quoted at $27,000 ($22,000 with the grant).

[bjstare]

This quote is hidden because you are ignoring this member. Show Quote

That seems high, our 10.0KW system was quoted at $27,000 ($22,000 with the grant).

Aspen tax.

[schurchill39]

I have a buddy down in Bowness who was quoted a little over $40k for his place. He's cheap as fuck but very smart and resourceful so he weasled his way into his personal corp becoming a dealer for a large portion of the parts and is in it for about $15k or so and installed it himself.

[Xtrema]

This quote is hidden because you are ignoring this member. Show Quote

We were quoted $44,000 for a 11.5 KW system.
Would take 10 years for it to pay itself off.

We didn’t think it was worth it.

Roof isn't straight forward asphalt shingles? That seems high.

ROI seems to be 10 years regardless unless AESO really fucks up down the road in regulation.

[pheoxs]

This quote is hidden because you are ignoring this member. Show Quote

I have a buddy down in Bowness who was quoted a little over $40k for his place. He's cheap as fuck but very smart and resourceful so he weasled his way into his personal corp becoming a dealer for a large portion of the parts and is in it for about $15k or so and installed it himself.

Installing is easy but unless he's an electrician he'll run into issues getting Enmax's approval to tie into the grid.

[ExtraSlow]

My Inlaws just got a system installed on thier cabin. Wonder what the economics look like on that? I'll ask.

[schurchill39]

This quote is hidden because you are ignoring this member. Show Quote

Installing is easy but unless he's an electrician he'll run into issues getting Enmax's approval to tie into the grid.

I guess Enmax was pretty easy to deal with. All they asked was to to show them proof it passed electrical inspection from the city and add some stickers to his meter box warning of power generation being present and then they will turn it on. He's got the approval already. The city is the one who has the electrician requirement for the tie in, not Enmax. I'm going to have to take him out for a beer to get the low down as at those prices its something I'd like to consider.

My neighbours just had Green Fox Energy (I think) install panels on their house and I can't remember what he said it cost but I remember thinking it was ridiculous.

[pheoxs]

This quote is hidden because you are ignoring this member. Show Quote

I guess Enmax was pretty easy to deal with. They asked that an electrician do the tie in portion and then he needs to show them proof it passed electrical inspection from the city and then they will turn it on. He's got the approval already. I'm going to have to take him out for a beer to get the low down as at those prices its something I'd like to consider.

My neighbours just had Green Fox Energy (I think) install panels on their house and I can't remember what he said it cost but I remember thinking it was ridiculous.

Please post if you don't mind when you find it all out. That's my ideal path to go as I'm rebuilding my garage soon and would rather just build all the solar onto it when it goes up. Sourcing the entire system and installing it is relatively easy but the few I talked to made it sound like it was a dead end after that.

[msommers]

This quote is hidden because you are ignoring this member. Show Quote

I have a buddy down in Bowness who was quoted a little over $40k for his place. He's cheap as fuck but very smart and resourceful so he weasled his way into his personal corp becoming a dealer for a large portion of the parts and is in it for about $15k or so and installed it himself.

That sounds like a CRA nightmare waiting to happen.

Heard good things about SolarYYC in terms of quality, no idea of price.

[BerserkerCatSplat]

This quote is hidden because you are ignoring this member. Show Quote

That sounds like a CRA nightmare waiting to happen.

Heard good things about SolarYYC in terms of quality, no idea of price.

We had quotes from 4-5 outfits, SolarYYC quoted us the largest system at the lowest per-watt price and with the longest included warranty, so they'll be installing in August. The panels and inverters seemed to be pretty standardized across the various companies.

[schurchill39]

The number I keep hearing from people who have gone down this path is roughly $2.40/watt, is that ringing true for the guys who have gotten quotes?

As far as the application process it looks like he had to run a "Solar Shade Report" with some modeling software (something like https://aurorasolar.com/), provide a report that highlights historical consumption based on power bills over a year + planned generation (including supporting docs), some site plans, a diagram of the planned install including an equipment list with specs, then the standard permit stuff for the City and Enmax. I have no experience with this, so I am only going off of what he showed me this afternoon so I don't know what else is required. Nothing looked too hard to do, just a little time consuming which I guess is what you're paying someone else to do for you.

This quote is hidden because you are ignoring this member. Show Quote

That sounds like a CRA nightmare waiting to happen.

Why? If the personal corp is engineering, project mangement, construction, electrical or another trade then being a dealer to run the purchase through the corp (given the provider doesnt' do direct sales) then whats the issue? Its pretty easy to apply a shareholder loan or loan to shareholder to cover the personal/corporate dollar transfer - all of which is above board. I have used my corp for a fair share of purchases that I needed a business number to make and just applied the credit I had built up in the shareholder loan to cover.

Edit: I should clarify that the corporation doesn't actually have to be any of those for CRA purposes, only for the supplier to qualify you as a dealer.