That's a 7% yearly ROI, which is a pretty decent number, better than you'd do on average in the stock market and more predictable. If he had a little storage so he didn't have to sell any, it would improve further. But also 6000W of panels in the low-cost category now costs €300: https://www.solarserver.de/photovoltaik-preis-pv-modul-preis...

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SackSolStr 31 minutes ago | parent [-]

You need more information to calculate the ROI. I gave you the peak efficiency, Which comes from clean panels and no clouds. The average efficiency is closer to 70%. While the canaries are pretty sunny, the panels get dirty very quickly (fine dust from Sahara), Actually, if you count cleaning costs, the ROI goes down even more. And also consumptions is at its peak in the evening when there is no sun. He was thinking about getting storage, A Tesla Powerwall 3 installed is about €11,000, No way that is worth it. My impression is that places where ROI is much better is also places where you get more than €0.04 per KWH.

	▲	kragen 25 minutes ago \| parent [-]
		That isn't the efficiency, which is a number somewhere under 23%, dividing the number of joules of light into the panel by the number of joules of electrical power out of it. Maybe you mean that at peak he gets 91% of the advertised 6kW, i.e., 5500W? Anyway, you said they paid €7000 and get back €500 per year, which is enough to calculate the ROI at 7.1% per year. Powerwalls are indeed extremely overpriced. But battery prices are down to below US$70/kWh (US$19/MJ, €17/MJ); if we assume the maximum production in a day is about 25%, that's 36 kWh (130MJ), so it would be about US$2500 for that amount of battery. But probably even €500 of battery (7.2kWh) would make a big dent. That would be 1800 watts for four hours in the evening. Depending on the type of evening consumption, it might be possible to ameliorate it dramatically with various kinds of thermal storage, or even plugging the washing machine into a timer. Those are much cheaper than batteries.