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Thread: Is this how this works?

  1. #1
    Tony Fracasso - Admin
    Join Date
    May 2003
    Location
    Buffalo, New York, United States
    Posts
    64,987

    Is this how this works?

    Rebate program

    Incentive Type: State Rebate Program
    Eligible Renewable/Other Technologies: Photovoltaics
    Applicable Sectors: Commercial, Industrial, Residential, Nonprofit, Schools, Local Government, State Government, Institutional, (Must be customer of investor-owned utility in NY)
    Incentive Amount:$4/watt - $4.50/watt (DC rated capacity)
    Maximum Incentive:60% of total installed costs


    So if a Bluelink 960 is $8650 bucks they will rebate you up to 60% of that ? so it's about $3600 bucks.

  2. #2
    Member
    Join Date
    Jun 2005
    Location
    NY
    Posts
    1,670
    Too bad they don't know how to designa site without popups all over the place. That's just annoying.

  3. #3
    Member
    Join Date
    Jun 2005
    Location
    NY
    Posts
    1,670
    I don't think that this is a good idea for this area. If it were perfectly sunny 365 days a year here, and assuming 12 hours of the panel running at 100%, 960W, for 12 hours a day, the yearly savings is roughly $550. This puts the ROI at a minimum of 6.5 years. But since our local weather pattern is not optimal for solar, as displayed by the solar lights of cheektowaga, you can't assume that much sun. Change that assumption to 33% of days having 12 hours of sun and then the ROI moves out to nearly 20 years.

    Not a good investment yet. If it produced twice the electricity at half the price I'd be all for it.

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