Wednesday, May 4, 2011

Actual Solar Savings for First 3 Months

I saved $144 for the first three months of solar production. That's $48 per month, which is a little higher than the estimated average savings of $46.35 per month. I updated my SCE Rates Calculator model with my actual electric bills and solar production for February through April to calculate my savings (on the first tab in the blue cells).

Kinda funny. When I got my first bill, I was jumping up and down when it was $3. Then I read it closer and realized that it was just the taxes on the KWHs my solar PV system produced for the month. When you go solar, SCE bills you monthly for taxes but only quarterly for your net meter usage.

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