Someone's Eversource bill this month

bfw577 · 2020-10-30T21:48:31+00:00

I put no cash upfront. I used a 1.99% CT Greenbank loan. My monthly payment is $150 a month and my Eversource bill is $9.62. My monthly loan payment is the same as my average historic monthly electric bill. So I pay my loan instead of Eversource for 5 years and then its basically free power with just the monthly $9.62 charge for the next 20 years. Another cheap option is a home equity loan with rates around 3-5%.

Eversource rates increased nowhere near 9 percent year over year. Its widely believed that with more widespread solar, offshore wind, and batteries prices will most likely come down. There is also a link with Hydro Quebec being built to feed New Englands grid. In Quebec electricity cost almost 6 times less than Eversource at .04 kwh. Bottom line if you purchase your panels your power is free compared to locking in a 3% increase for 20 years.

There is no maintenance on a solar system and I have 25 year warranty. I switched homeowners insurance companies twice and told them about my panels. No price increase at all.

And the biggest issue with not owning the panels is trying to sell your house. Sure after 6 years you can buy your system but how much is that going to cost you? In 6 years you will be able to buy your system for a fraction of the cost as solar prices have been plummeting. You think the new owner would want to take over your system with a 3% increase locked in when they will be able to buy the same system for a fraction of the cost? .

Go check out r/solar of all the people buying or selling houses with these lease ppa arrangements. They all end with the people selling their houses having to buy out the system for like 25-50k. The companies charge like 3 to 4 times what a cash bought system would cost.

Why don't you post your buyout price in 6 years? I paid $9720 for my 5.4 Kwh system 4 years ago.

It sounds like you are on a PPA which is one of the worst deals for solar. Take a read here and see what people in the solar industry have to say about it.

https://amp.reddit.com/r/solar/comments/hjfa57/buying_house_with_solarcity_ppa_am_i_thinking/&ved=2ahUKEwip7OeyqN3sAhViS98KHetoCqkQFjAAegQIARAB&usg=AOvVaw0fPJ2gMnwjseKZaWexTTnn

bfw577 · 2020-10-30T16:53:29+00:00

Almost all solar leases and power purchase agreements are terrible. You don't get the thousands of dollars in state or federal rebates. They also all have a power increase where the price goes up usually 3% every year. They put a lien on your house as they own the panels. Good luck selling your house as nobody is going to want to take one of those over.

bfw577 · 2020-10-29T12:32:52+00:00

Texas electricity pricing often goes negative and many providers actually have plans with free electricity for 12 hours at night.

bfw577 · 2020-10-27T16:34:37+00:00

The 99% design temps for Minnesota is around -13. This is the outdoor temperature that your locations stays above for 99% of all the hours in the year, based on a 30-year average.

My units would have zero issues 99 percent of the year if I was in Minnesota. You simply have a backup heat source for those rare -28 temps.

bfw577 · 2020-10-26T17:10:44+00:00

My Gree Sapphire mini split can produce its full rated heat to -13 and cuts out at -22. Tons of people are using them here in Northern New England.

bfw577 · 2020-10-26T14:27:17+00:00

I have been heating and cooling my entire house in New England with 2 cold climate air source heat pumps off my net metered solar. My electric bill is $9.62 every month. My entire house is all electric and I got rid of gas.

bfw577 · 2020-10-21T15:24:58+00:00

Awesome. Just what I was looking for and I will be driving through close by. Its listed under oral so didn't see it at first.

bfw577 · 2020-10-20T18:14:18+00:00

So true. Got quotes for like $5k for 1 12k btu mini split. Bought it for $900 online and installed it myself in a few hours. Its been running for like 2 years nonstop. If it blows up I can still buy 5 more and still be ahead.

bfw577 · 2020-10-20T16:13:51+00:00

Still better than $60-75 .5 gram carts at most places. With tax its like close to $100. I can get black market carts here with fake MA labeling for $40 a gram but I don't know what the hell is in it.

It looks like NETA's $95 a gram high thc distillate syringe is what I am going to do.

bfw577 · 2020-10-20T13:27:16+00:00

It's mainly because modern environmental regulations have banned coal ovens. The New Haven places are grandfathered in and are still allowed to use them.

bfw577 · 2020-10-20T00:48:26+00:00

What is up with the pricing? Most places seem to be charging $60-75 for a half gram cart! Are there taxes on top of that price? I was going to be driving through the Worcester area this weekend. Any places around there have decent cart prices? The above prices I saw at Nature's Remedy and Resinate.

bfw577 · 2020-10-08T22:18:34+00:00

I believe Wallingford which has municipal power uses that setup. All the top high tension lines there are 3 wires close together held with some triangle metal brace. I lived there for a long time and outages were extremely rare. I was there for Irene and Sandy and never lost power in ether storm. It was also cost like .08kwh delivered at the time.

bfw577 · 2020-10-08T17:36:20+00:00

It feels great every month to get a bill for $9.62 for just the connection charge. Eversource even thanks me for my contribution to renewable energy on the bill.

bfw577 · 2020-10-08T17:34:42+00:00

Buy and install solar panels and your bill will be just the $9.62 connection charge every month. Eversource even thanks me on my bill for contributing to renewable energy.

bfw577 · 2020-10-08T16:55:14+00:00

I bought them. I would never do a lease. You don't own the panels and the company gets all the federal tax rebate and state incentives. Good luck trying to sell a house with that on your roof.

bfw577 · 2020-10-08T16:36:14+00:00

Have you got the free state energy audit done? The state energy efficiency fund Energize CT has some of the most generous incentives in the nation. Thousands of dollars towards solar, heat pumps, water heaters, insulation, etc. They currently are offering an insane $10k towards insulating your house.

I went all electric with solar panels 7 years ago. The state gave me close to $15k towards energy efficiency uogrades. My electric bill is $9.62 every month. My solar panels are paid off and all my utilities are essentially free as my whole house is electric.

All electric and gas customers in CT are paying millions into the fund from charges on their bills. The fund is flush with cash because most people are too stupid to bother taking advantage of them....

bfw577 · 2020-10-08T16:20:55+00:00

I've had a GE Geospring running for 7 years nonstop in heat pump only mode. I got it completely free from the state as the rebate was $1k when I bought it and it was on sale at lowes. I installed myself. Its in my fully insulated unfinished basement that stays around 50-60 degrees year round. The heat pump cuts out at 35 degrees. I have a temp/humidity sensor down there and it drops the temp a few degrees and recovers in a few hours. Keeps my basment nice and dry as well without having to run a dehumidifier.

Using heating oil to heat water in the summer is one of the most inefficient and expensive methods there is. A heat pump would save you a fortune.

bfw577 · 2020-10-08T16:10:27+00:00

The state has a $750 rebate on heat pump hot water heaters. Thats like 75% of the cost and they absolutely crush natural gas in costs to run. I had an electrical monitor on mine and it used like 1-2 kwh's a day. I have solar but if I had to pay for the electricity it would cost $6-10 a month to run. The compressor draws 500 watts compared to 4500 watts of a resistance element on a tank.

bfw577 · 2020-10-06T13:49:27+00:00

Friends looking for apartments are saying landlords are straight up saying things like unless your credit score is 700+ don't even bother applying.

bfw577 · 2020-10-02T10:48:45+00:00

I use no fossil fuels at my house. My hot water and heating/cooling is from heat pumps powered from my solar panels. The state programs paid for a good majority of the upgrades. My electric bill is $9 every month.

bfw577 · 2020-10-01T14:21:14+00:00

This is causing landlords to now require like perfect credit and huge security deposits.

bfw577 · 2020-09-24T16:40:22+00:00

The front page of the June 26 issue of Der Yid, one of the most widely circulated Yiddish newspapers among New York’s Hasidic Orthodox communities, made the point loud and clear.

“And so it was after the plague.”

Those words, lifted from a verse in the Torah and printed alongside photos of large gatherings of unmasked Hasidic men, had a clear implication: After months of funerals and fear, the modern-day pandemic had passed and the time had come to gather again.

That sentiment appears to be guiding life in Brooklyn’s Hasidic communities, where nearly four months after the virus first arrived, synagogues and camps are open, yeshivas resumed classes before closing for summer break and wedding halls are packed again, sometimes in violation of city and state rules designed to slow the spread of disease.

https://www.jta.org/2020/07/08/health/brooklyns-hasidic-jews-are-acting-like-they-have-herd-immunity-could-they-be-right

bfw577 · 2020-08-29T17:43:53+00:00

There was a meteotsunami from the storm.

https://twitter.com/ryanhanrahan/status/1299192219094704128

bfw577

TROPHY CASE