Comment by horsawlarway
12 hours ago
You can buy brand new in bulk in the US for roughly the same $/watt.
I bought 30 375w Canadian Solar panels 2 years ago and paid $0.41/watt (~$4536 for the whole package)
My mounting equipment actually cost more than the panels (~$4600). And the permitting process cost nearly as much as the panels (permit cost + architectural drawing + structural engineer stamp + electrician stamp).
It's crazy how cheap solar panels themselves are getting. They're going to win on the energy front - period. Especially now that battery tech actually seems to be moving again. I vividly remember one of my robotics professors in undergrad ranting about how frustrated he was with battery tech in ~2007, but LFP and sodium batteries are both pretty huge steps forward.
Another data point: my entire system in Switzerland cost me 1.3CHF/Watt including a 20kWh battery and 5000 CHF of scaffolding costs (needed because of our local OSHA equivalent laws when installing panels on a tilted roof).
It has become ridiculously cheap indeed.
What's the cost of power in Confoederatio Helvetica?
Around 30 centiCHFs per KWh at the peak tariff: https://www.ewz.ch/en/private-customers/electricity/tariffs/...
How much does power and grid delivery cost in Canada to make this economical? You're into this for $15,000 what is your payback period? Are there other ameliorating criteria for success?
I'm actually in GA (Canadian Solar is the panel manufacturer - CSI). Power is cheap in my region, and I was in ~$30k after all costs including the battery storage (LFP).
It covers 95+% of the my usage, and I use a fair chunk of power. My payback period will be almost exactly 120 months (10 years) if my power costs remained the same as they did at estimation time.
But they won't. We're already seeing relatively large rate increases (GA power has "locked" rates but conveniently has a floating "fuel charge" which is currently more than the base rate per watt...).
I expect it to take 6 to 8 years to entirely recoup costs. It helps that I did the install myself, so I avoided contractor markup. Quotes from contractors for a similar install were running ~60k+ which felt (and was) insane, although STILL profitable over the lifespan of the install.
Panels should then last another 20+ years after repayment with only minor maintenance.
It's shocking how easily they pay for themselves right now, assuming you get decent sun on your property.
I got $7.6kw installed in BC , Canada. Fully installed for $13k. Minus $5k grant, and the $8 is on a 10 year interest free loan.
Power is 13c kWh, guranteed to go up min of 5% a year.
So now instead of paying $1000 a year in power, I put that on the loan which will be gone in 7 years. The 20 years of $1000 a year free money.
I’ve had the system almost two years, they’re noticeably cheaper now. System makes 7.2Mwh per calendar year in a tight valley where it snows a ton.