• DarthKaren@lemmy.world
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    3 days ago

    I’m working my numbers to add solar right now. Estimates are that we can offset 69% of our power usage. It will return 150% of our investment overall. That’s based on a very conservative rise of 5% in energy costs.

    Adding solar right now is really no no brainer imo. Prices are only going to rise, and much more than the current 5% annually estimate out there currently. Panels last for a long time, and even at reduced efficiency towards the end of their life span, it is still a net gain. By then they’ve paid for themselves well, well before this point.

    Right now they give an average home value increase of between 6% and 9%. I think we’re going to see that rise as energy prices rise. Especially if you can get a low carbon footprint rating on your home.

    Things are only going to get hotter. I’ve been in e wa state for 27 years now. I’ve never seen the weather as wild as it is. It’s been getting steadily hotter and hotter. Breaking triple digits was super rare. Now it’s the norm. We’re breaking high temp records left and right. Not just summer either. Offsetting that increase energy use is going to be a must for everyone.

    • MajorMajormajormajor@lemmy.ca
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      3 days ago

      Theoretically, once you’ve installed the solar panels it should be cheaper to replace them as a lot of the wiring and hardware should still be usable. Which should cut down on future costs as well if you only need to replace the panels, not run wires.

        • MajorMajormajormajor@lemmy.ca
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          3 days ago

          Yup! Although, you have to consider the type and health of the roof the panels are going on. If you have a roof that needs replacing in 5 years it’s not going to be as smart to install solar now. Or do both at the same time.

          Also, a metal roof will last far longer, which will allow more time to replace solar panels before needing to replace hardware/wiring.

          • DarthKaren@lemmy.world
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            3 days ago

            Had ours replaced 2 years ago. All on insurance dime as well because of wind damage. Roof was 20 years old though.

            I just found out our company is going to start peak hour surge rates that will be double the normal ppkwh. They’re also proposing buying up another power company that is under multiple lawsuits for negligence that caused a large wildfire which hit a small town. I expect prices will go up if/when that happens as well. Last thing is, they’re getting rid of the 1:1 energy credits, but people with it will be grandfathered in. So now is the time for me.

            I ran numbers all day yesterday and I think I have a solution that will benefit me, financially and for energy, on multiple fronts. Hopefully it works out!

            With everything going the way it is, I really don’t know why more are not putting solar up if they can afford it. It’s like renting a house (no solar) with nothing to show for it at the end of the day vs buying a house (putting up solar) and you have something to show for it at the end of the day. Even if the house isn’t as good as when you bought it, you at least have something to show for all that investment. Something with a value.

            I just talked with a dude from Purelight. He’s been cussed out and threatened. Just amazes me how short sighted people are and how they can get angry over something and they don’t even really know why.

      • NoSpotOfGround@lemmy.world
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        2 days ago

        Terrawatt hours (per year, I assume?) is a strange way to express power usage. It’s like saying “my girlfriend lives only 60 km/h minutes away” instead of “1 km away”.

        And the value is equivalent to 2.74 gigawatts of continuous power output. Which is way too low to be right.

        But it’s what I’m finding online too. It’s like nobody understands what the units mean and they only care about relative changes over time.

        I did find the statement that “the total global electricity [generation] capacity in 2022 was nearly 8.9 terawatt (TW)”, which makes more sense.

        • eronth@lemmy.world
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          2 days ago

          So, you’re right, but there is kind of a difference. Watts measure energy rate at an instantaneous moment, but watt-hours (or commonly kilowatt hours) measures that rate over a timeframe. Yes you’re back to joules, but its because they’re specifically relating it back to watts, it ends up a more useful unit to be in kW and kWh instead of J and kW or something like that.

      • 🍪CRUMBGRABBER🍪@lemm.ee
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        2 days ago

        so one gigawatt its like a thousand days, so we are talking 30 years to replace fossil fuels, unless the rate keeps expanding?

      • Cort@lemmy.world
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        2 days ago

        25twh is pre COVID, now it’s almost 30twh. But only 18twh is coal/gas/petro. So only 50 years to replace that much with just solar at the current rate.

  • flango
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    3 days ago

    That should be interesting to see per country

  • ChaoticNeutralCzech@feddit.org
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    3 days ago

    We get 127 million km² worth of direct sunlight at any given time. At the highest efficiency, we can get some 200 W of electricity from each m² of that. That’s some 25 million GW. We’ll only run out of sunlight in 70000 years at this rate of growth!

    Yes, the post is probably about GWp, in which case you should more than double that if using solar-tracking panels or quadruple that for static panels.

  • Cruxifux@feddit.nl
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    3 days ago

    So if we kept on that in three years we could have enough to power the entire world? Assuming we started with absolutely zero today?