▲ | gertlex a day ago | |||||||||||||
Curious where you are roughly located; Does that 80% include the distribution of the electricity? Should I interpret the 20-25% returns as being, your annual savings on the utility bill are 20-25% of the cost of your PV install? | ||||||||||||||
▲ | hectormalot a day ago | parent [-] | |||||||||||||
Netherlands. No distribution fees are separate. Roughly speaking the electricity is about €0.06 with about €0.20 in taxes on top. So offsetting consumption nets me about €0.26 cents per kWh. The installation of a 2800kWp system cost me about €2600 and generates between 2400-2750kWh annually, so about €650 euro. In a 10 year timespan that’s an IRR of 20%, creeping up to 25% for 20 years. | ||||||||||||||
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