Anonymous wrote:Would solar panels help? We weren’t on a position to buy or lease them previously, and now the federal subsides have been taken away. Wondering if investing in solar would make a difference.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Would solar panels help? We weren’t on a position to buy or lease them previously, and now the federal subsides have been taken away. Wondering if investing in solar would make a difference.
it can definitely make a difference if you have the funds to invest in it, but the payback period is now much longer due to the loss of the subsidies. SRECs in DC are much more favorable in DC as opposed to MD or VA, but the penalty to the utility is designed to fall by $20 per year until it hits $300 in 2033 (currently $440 in 2026; see https://code.dccouncil.gov/us/dc/council/laws/24-314 ).
in 2042 the penalty will drop to $100 so DCs SRECs will be more in line with marylands $50 in 2042 unless the council enacts stricter legislation before then. current DC SREC pricing appears to be around $350 on the open market. (basically, the spread is because it's gotta be cheaper for PEPCO to make the effort to buy an SREC than just pay the straight penalty.)
We don't quite generate enough solar to cover our annual usage, so while most months we just pay a $20 interconnect fee, we do have a couple $200 bills-- where previously we were spending about $3000/yr on electricity. and we made around $8000 last year in SRECs. Basically, it'll take about 3.5 years from installation for our system to have completely paid for itself-- after the subsidies. with a lower SREC payment and no subsidies, that might look more like 9 years for complete payback if we installed an identical system today.
one note is that at the time we were getting quotes (aug 2022) for solar we were paying 11.7cents per kWh, and in the latest bill we're paying more like 22.6cents per kWh. so I guess I need to up my annual "money not sent to pepco for electricity" estimate to more like $6000 per year.
Anonymous wrote:Anonymous wrote:Would solar panels help? We weren’t on a position to buy or lease them previously, and now the federal subsides have been taken away. Wondering if investing in solar would make a difference.
it can definitely make a difference if you have the funds to invest in it, but the payback period is now much longer due to the loss of the subsidies. SRECs in DC are much more favorable in DC as opposed to MD or VA, but the penalty to the utility is designed to fall by $20 per year until it hits $300 in 2033 (currently $440 in 2026; see https://code.dccouncil.gov/us/dc/council/laws/24-314 ).
in 2042 the penalty will drop to $100 so DCs SRECs will be more in line with marylands $50 in 2042 unless the council enacts stricter legislation before then. current DC SREC pricing appears to be around $350 on the open market. (basically, the spread is because it's gotta be cheaper for PEPCO to make the effort to buy an SREC than just pay the straight penalty.)
We don't quite generate enough solar to cover our annual usage, so while most months we just pay a $20 interconnect fee, we do have a couple $200 bills-- where previously we were spending about $3000/yr on electricity. and we made around $8000 last year in SRECs. Basically, it'll take about 3.5 years from installation for our system to have completely paid for itself-- after the subsidies. with a lower SREC payment and no subsidies, that might look more like 9 years for complete payback if we installed an identical system today.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:170 in December, 286 today. It's never been this high.
3200 sq. ft house with gas heating, 3 occupants, all LED, no excessive lighting etc.
Is this due to rising rates associated with proliferating AI data centers we're forced to subsidize, or am I missing something else?
I got a 912 sq ft house and paid $282 in February. Which I thought was a lot for keeping the house at 68. I have electric. What was your electric+gas?
68 is pretty warm, given that we had mornings in the single digits. 60-65 would have probably cut your bill in half - it's ok if you don't like it that cold, but the complaints about high bills when keeping your house pretty warm is kind of dense.
68 is freezing cold. 60-65 would be insanely cold inside. Who keeps their house that cold? 72 is the normal temperature.
Anonymous wrote:Would solar panels help? We weren’t on a position to buy or lease them previously, and now the federal subsides have been taken away. Wondering if investing in solar would make a difference.
Anonymous wrote:Would solar panels help? We weren’t on a position to buy or lease them previously, and now the federal subsides have been taken away. Wondering if investing in solar would make a difference.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Data centers
Why are we paying for the electricity data centers are using? Shouldn't part of their business model be paying their own electric bill?
I’m confused by this and concerned about it as well.
It reminds me of when I was traveling in Vietnam and someone asked our tour guide about why it was so hot but nobody used air conditioning. He asked the guy “Are air conditioners super expensive here?” He was told no, air conditioners are very cheap. The problem is that electricity is very expensive because it was their number one export. People couldn’t afford to use air-conditioning because they couldn’t afford the electricity. This could totally happen here with the data center use. That’s a question for the politicians, they really need to do something to make sure that the data centers are the ones paying more, not people like us. But I doubt we will be protected over big business. The Vietnam example isn’t exactly the same, but it’s informative enough to be concerning.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:You were probably using auxiliary heat during the cold stretch which is electric and really expensive.
Stupid answer. They have gas heat.
Auxiliary heat is electric...
Why would you have auxiliary heat with a gas furnace?
Can’t tell you that but it’s what I’ve got.
You have a heat pump with a gas backup. Very different from a gas-only system.
No, I have the opposite. The backup is electric.
Anonymous wrote:I paid $126 for January-Feburary, but bill was 180 and a relief fund paid for 53 of it. Pepco, Coco, 5500 Square feet. Extraordinarily cheap for us.
Anonymous wrote:Anonymous wrote:Anonymous wrote:170 in December, 286 today. It's never been this high.
3200 sq. ft house with gas heating, 3 occupants, all LED, no excessive lighting etc.
Is this due to rising rates associated with proliferating AI data centers we're forced to subsidize, or am I missing something else?
I got a 912 sq ft house and paid $282 in February. Which I thought was a lot for keeping the house at 68. I have electric. What was your electric+gas?
68 is pretty warm, given that we had mornings in the single digits. 60-65 would have probably cut your bill in half - it's ok if you don't like it that cold, but the complaints about high bills when keeping your house pretty warm is kind of dense.
Anonymous wrote:Anonymous wrote:Data centers
Why are we paying for the electricity data centers are using? Shouldn't part of their business model be paying their own electric bill?
Anonymous wrote:Anonymous wrote:My parents in NY had an outrageous bill. A few years ago, the wonderful liberals in NY decided to shut down a nuclear power plant because it was "bad" for the environment. A few environmental activists got their way. Now energy bills are so high in Westchester, the liberal politicians are hiding and the environmental activists nowhere to be found either.
Nuclear is the most expensive form of power by far. What happened is natural gas went from being absolutely dirt cheap to not so cheap.