[quote author="Daedalus" date=1248945955]Do your break-even calculations really take everything into account? Did you factor in installation, storage costs and switches? Does all the equipment have long-term warranties, backed by companies that will likely be around for a while? I've done the math before on a couple homes, using a few sets of assumptions each. Granted, $300/month is quite high, but without looking at the numbers I would still question the benefit. Solar costs around $5/watt without installation, storage, or infrastructure, and I pay $1.20 per year for that same 1-watt from the power company. I'm guessing there is much lower-hanging fruit in getting your total energy consumption down. I'm not a green advocate by any means, but I do love to cut costs. I know off the top of my head that my TV uses 80 watts, my portable AC 750 watts, and my fridge (average) 112 watts. Replacing a single halogen bulb in the living room with a $3 3-way fluorescent saves me about $20/year, and putting all my computer peripherals on a power strip saved me over $100/year. I've found there are ways to cut costs--at least a little--on a lot of things except a couple of the big hitters. Heaters and electric dryers can't really be made more efficient by virtue of what they do; by definition they are 100% inefficient. A gas dryer replacing an electric will pay off a lot sooner than a solar panel will.
How much energy does $300 buy you? I consume ~400 kw-h per month fairly consistently, except for maybe 1 or 2 months in the summer when I run the AC.</blockquote>
I appreciate your comments. Apparently the price includes a 25 year warranty on everything (but I will carefully check). Just to give you an idea of why our bills are so high: a husband who is an amateur herpetologist (a lot of heat lamps running 24/7), three fish tanks, a pond, a pool and jacuzzi (used virtually every day from April-October and about once a week other times), a house that is in use all day (no down time), two refrigerators (would require a kitchen remodel to get a space big enough for a larger refrigerator), a wife (me) who grew up by the beach and can't stand any temperature greater than 74 degrees, preschool age children and the dirty clothes that come with them, and a family that refuses to turn off anything (granted, we can work on this). We already have a gas dryer. Apparently somehow our usage has gone down over the past two years but I can't for the life of me figure out how. I think I am calculating everything in the 4.5 years to break even, but you have given me a few extra questions to ask. Thanks.