Not bad. Haven’t withdrawn a penny in 6 years. Dream of FI
▲ 65 r/fican

Not bad. Haven’t withdrawn a penny in 6 years. Dream of FI

u/azurexz — 1 day ago

Solar panels net $2,000/year

For anyone conscious about their electricity bills!

The harvest surplus months are April - September, while Oct-Mar run a deficit and tapers to $0/month in Alberta.

During surplus, my electricity is sold at .35c/kwh(via AB solar club)

During deficit months i pay around .07c/kwh

Before solar i spent roughly $800/year in electricity and $1000/year in distribution/other fees.

My electric bill went from $1800/year to -$200/year. Net delta of savings around $2k per year.

Any other home owners in PFC invest in solar/crunch their numbers?

Technical details:

I have an 11kw system(27panels) that generated 11.2MWh in the last 12 months.

Isn’t a true net, solar is financed at $200/m at 0% (CGHL 8 years left). Im running -$30/month into home equity until solar is paid off. After that, $2k/year free cash flow for life of the panels

System cost $2.75-3/kw. Hard to pin down as subpanel, trenching, EV chargers, load manager was mixed in.

3bd starter single family home in AB

30y warranty panels
20y warranty inverters

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u/azurexz — 1 month ago

Saved $1900 over 12M to charge my EV

12 months total charged ~4700KWH

Total cost $653 CAD

Driven around 24,000km

Home 81%(Charging at home is key)
DC charging 4%
work 12%
public 3%

The tracker app uses monthly avg gas price to calculate savings and came out to $1900.

This is real data from your local Albertan. Cheers.

Extra detail specs for technical people:
Electricity plan: 6.5cents/kwh. Estimated actual = 14c/kwh used in calc

Insurance: $1831/yr

Driven 70,000km EV km so far since 2023 in AB.

Car is a 2023 Model3 LR AWD, Shanghai gigafactory, LG NCM battery type.

NCM battery > LFP battery in Alberta winters

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u/azurexz — 2 months ago