[Tell It Right]

One other thing, my math on it paying for itself assumes something else changing over time: energy rates. I assume a 3% inflation rate on power rate, natural gas rate, (and my math on whether or not to get an EV), gasoline price. Even though I no longer have natural gas (because I converted my gas appliances to electric ones), the more natural gas goes up each year the more I save each year by not having to buy natural gas. Also, the more power rates go up the more I save (because I'm saving 52% of my power, according to my solar inverter that tracks how much power I consume and how much power had to be pulled from the grid because my solar system didn't provide it).

Of course power, natural gas, and gasoline prices have all inflated more than 3% lately. If the Dims keep getting their wish and keep inflating them more, my system will pay for itself sooner.

[The MAGA-Deplorian]

Hey thank you for the information. Appreciate the insite.

[fireman15]

We live in an area with very poor potential for both solar and for wind generation. We are surrounded by tall fir trees. The power goes out frequently and I printed a natural gas conversion venturi flange of my own design for our generator. Natural gas in this area is currently 75% less expensive than gasoline when running a generator. It also can go on for days and weeks with only a check of the engine oil level.

I have very precise instrumentation. Even though we save a lot of money using natural gas when using the generator for extended periods... it still costs several times per kwh depending on the load when using the generator. Most people do not do the calculations or keep track of consumption as we do and are not aware of what various forms of energy production actually cost.

[fireman15]

It was probably implied, but I should have said that we save a lot of money using natural gas vs gasoline when using the generator.

[Kevmo]

I assume a 3% inflation rate on power rate,
***I think here in California it’s been closer to about 8% per year but I don’t know where the most accepted set of data is.