The credits and tax rebates are provided up front, so if they’re present when you do the work, you’re good. It’s the ongoing stuff like net metering that you could lose out on, and in the case of solar, this is the primary benefit that provides a reasonable payback.
Here’s one close to home: Indiana offers a property tax credit for homeowners who install geothermal heating systems. I don’t recall what it was, but it was a decent chunk of money. When we lived there in 2008-10 we seriously considered a geothermal system for the house, and that was one of the perks. Total cost was around $18k, and I think between state and Federal credits and rebates our out of pocket would have been around $11k. And those were all things that were provided up front at the time of installation. -D > On May 27, 2022, at 11:44 AM, Allan Streib via Mercedes > <mercedes@okiebenz.com> wrote: > > Always a worry if you're depending on credits, tax rebates, etc. to make a > long-term financial justification for something. Those can disappear at the > whims of the legislature. > > > On Fri, May 27, 2022, at 11:04 AM, dan penoff.com via Mercedes wrote: >> In theory an excellent idea, but in practice it can be dodgy. I say >> that because our legislature in Florida was able to get a bill passed >> that phased out net metering for consumers, meaning that if you just >> sunk $20k-$30k into a solar system that in 2-3 years you weren’t going >> to get paid for the power you generate, or if you did, it would be a >> much lower rate that currently required by law. >> >> That payback curve was going to get very, very flat. >> >> Despite the sway that utilities hold over our legislators, our somewhat >> psycho governor saw the light and vetoed the bill. Had he not I think >> things might have gotten quite ugly. >> >> -D >> >> On May 27, 2022, at 10:56 AM, Curt Raymond via Mercedes >> <mercedes@okiebenz.com<mailto:mercedes@okiebenz.com>> wrote: >> >> What you do is run your solar into the grid running your electric meter >> backwards during the day. This let's you essentially use the grid as a >> big battery. >> With the right payment structure you can get paid daytime surge rates >> and only pay out night time rates to charge your car. >> Long term plans for the northern estate include 3000w of solar. >> Curt >> >> Sent from Yahoo Mail on Android >> >> On Fri, May 27, 2022 at 10:20 AM, Buggered Benzmail via >> Mercedes<mercedes@okiebenz.com<mailto:mercedes@okiebenz.com>> wrote: >> Putting aside the environmental and international economic and security >> issues associated with lithium batteries and PV panels, I like the idea >> of a garage with PV panels to charge your car. Of course you would need >> storage batteries in your garage to collect and store the electrons >> from solar photons so you can charge your car at night. The whole >> process should be on the order of maybe 8% efficient if you’re lucky. >> >> --FT >> Sent from iFōn >> >> On May 27, 2022, at 4:31 AM, mitch--- via Mercedes >> <mercedes@okiebenz.com<mailto:mercedes@okiebenz.com>> wrote: >> >> When I first heard of ZEVs, I thought "Oh, you mean Remote Emissions >> Vehicles". >> Mitch. >> >> On 2022-05-26 17:24, dan penoff.com<http://penoff.com> via Mercedes wrote: >> And I don’t want to start the back and forth up, but the electricity >> to charge those batteries has to come from somewhere, and it’s likely >> generated using fossil fuels at present. >> So the emissions are going to come from somewhere in the process, just >> not from a tailpipe on the car in this case. >> >> >> >> _______________________________________ >> http://www.okiebenz.com >> >> To search list archives http://www.okiebenz.com/archive/ >> >> To Unsubscribe or change delivery options go to: >> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >> >> >> _______________________________________ >> http://www.okiebenz.com >> >> To search list archives http://www.okiebenz.com/archive/ >> >> To Unsubscribe or change delivery options go to: >> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >> >> >> _______________________________________ >> http://www.okiebenz.com<http://www.okiebenz.com/> >> >> To search list archives http://www.okiebenz.com/archive/ >> >> To Unsubscribe or change delivery options go to: >> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >> >> _______________________________________ >> http://www.okiebenz.com >> >> To search list archives http://www.okiebenz.com/archive/ >> >> To Unsubscribe or change delivery options go to: >> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > > _______________________________________ > http://www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
