Solar now being the cheapest energy source made its rounds on Lemmy some weeks ago, if I remember correctly. I just found this graphic and felt it was worth sharing independently.
this post was submitted on 17 Nov 2023
986 points (98.6% liked)
Technology
35134 readers
53 users here now
This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.
Ask in DM before posting product reviews or ads. All such posts otherwise are subject to removal.
Rules:
1: All Lemmy rules apply
2: Do not post low effort posts
3: NEVER post naziped*gore stuff
4: Always post article URLs or their archived version URLs as sources, NOT screenshots. Help the blind users.
5: personal rants of Big Tech CEOs like Elon Musk are unwelcome (does not include posts about their companies affecting wide range of people)
6: no advertisement posts unless verified as legitimate and non-exploitative/non-consumerist
7: crypto related posts, unless essential, are disallowed
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
It depends, $180/mo for 25 years is the agreement and it's directly connected to the grid both ways which required additional work from the power company to inspect and approve. I think given the projections it was rated for about 25,000 kWh per year * 25 years (approaching 85% efficiency after 30 years), which is a good amount of total production for my needs. Edit: it's worth considering what $180/mo will look like in 5 to 20 years.. it will probably be significantly cheaper compared to other power sources because it's generated locally.
Yes the time value of money can work heavily in your favor when projecting that far out. The way the housing market is right now, I might be here for a while 🤣 Thanks for the response!