This is the first anniversary of the first successful meter reading by PSE&G after activating the panels.\u00a0 That means that we can run the numbers.<\/p>\n
All values are kWh.\u00a0 This year’s date is 7\/21\/2005 – last year was 7\/21\/2004.<\/p>\n
Inverter 1 This Year:\u00a0 4279\u00a0 Last Year:\u00a0 677\u00a0 Total Inverter 1:\u00a0 3602<\/p>\n
Inverter 2 This Year:\u00a0 3544\u00a0 Last Year:\u00a0 565\u00a0 Total Inverter 2:\u00a0 2979<\/p>\n
Total Solar Generation:\u00a0 6581<\/p>\n
Meter Out This Year:\u00a0 8724\u00a0 Last Year:\u00a0 1365\u00a0 Total Bought:\u00a0 7359<\/p>\n
Meter In This Year:\u00a0 4823\u00a0 Last Year:\u00a0 564\u00a0 Total Sold:\u00a0 4259<\/p>\n
Net Metering Purchase:\u00a0 3100<\/p>\n
Total Electricity Use = Total Solar Generation – Total Sold + Total Bought = 9681<\/p>\n
Solar Generation Percentage = Total Solar Generation \/ Total Electricity Use = 68.0% When it comes to dollars, we actually did better than these numbers show.\u00a0 PSE&G rates increase above 600 kWh per month in the summer.\u00a0 Our usage allows us to avoid going over 600 kWh net purchase per month, avoiding the higher rates.<\/p>\n Our savings works out this way:<\/p>\n Green Mountain Energy Supply Charge: $0.07508 \/ kWh<\/p>\n PSE&G Delivery Charge:\u00a0 $0.0.30305 \/ kWh (the lowest rate – it’s higher above 600 kWh in the summer and higher in the winter as well at $0.0384\/kWh)<\/p>\n Total Rate:\u00a0 $0.10539 \/ kWh<\/p>\n Our Savings:\u00a0 $693.57 for one year<\/p>\n That would produce a 23 year payback but with the added $1251 from the sale of the SREC, it’s a 8.5 year payback.<\/p>\n And the air is cleaner.
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\nOur installer predicted that we’d generate 2\/3 of our usage.\u00a0 He was pretty much dead on – the real numbers are just a smidge better than that.\u00a0 Additionally, we reduced our utility demand by that much – reducing utility pollution.<\/p>\n