kggonzo - 2/16/2021 07:52
coup - 2/15/2021 16:06
Mark in WCIowa - 2/15/2021 13:45
Solar or wind power for your business.
Exactly what I am thinking. My guess the goofy greenies will decide to up tax credits to fix the current debacle.
If they get the tax credit up to 70% will install large enough solar- battery storage,with standby generator backup to go off grid and make 100% of my own electricity.
Put 10 KW solar system in where live in 2019 got 30% fed tax credit plus about 60% of what it cost from ILL. ROI is 100% plus a year. My guess electric rates will increase 30- 50% in the next five years
FYI, according to my calculations, a battery has about a 7 year breakeven. It should have a 10,000 cycle life so about 15 years if you cycle it twice a day.
There are some nice additional benefits of having a battery though on those days the grid goes down. ALso, battery helps start some motors, and can correct power factor.
I'm excited about what this can do for 3 phase bin sites, as utilities go to demand based charges, these batteries and inverters will be an excellent solution.
Look me up in a few months, and I can help with that battery. How big of battery do you need?
www.midwestess.com
Right now only have 14 KW system solar panels have installed. so don't have a clue what battery size. Where I live will probably need more generating capacity if went off grid. Already have a standy generator, that will run everything but 3 grain bin fans. Probably going to wait to do anything more with Solar until Gov tax incentive increases for. My guess they will up tax credits a lot higher than where they are currently.