Solar panels turn six

Barn with solar panels at sunset

Six years ago, at the end of April 2014 (wow, that feels so long ago), we turned on our solar panels and started generating power. Every spring since then, I’ve written a post sharing how our little power station is doing (you can see the panels on the right side of the lower barn roof in the photo above). This year, our solar-versary beamed right by without me noticing. (Can’t imagine what else would have been on my mind.)

So today I’m getting caught up.

If you need to get caught up, here are all of the previous updates and other details:

Solar panels on the barn roof

Over the last year we spent $2,683.97 on electricity (this is our lights, pump, heat, fridge, stove, etc.). And we made $4,349.94 from the solar panels (we’re hooked into the grid, and the province pays us $0.396 per kWh). Yay to coming out ahead.

Annual income from solar panels

Last year we finally crossed the halfway point in making our investment back–over the previous 5 years we had made 56% of what we invested in installing the panels ($40,727.46). Now we’re passed the two-thirds mark–$27,127.69 or 67%.

Monthly income from solar panels

More than ever, I am grateful that we invested in these solar panels. Our finances have obviously changed since Matt’s death. Having the money from the solar panels and knowing it will cover our hydro costs is a comfort.

And even though I focus on the financials in this update, I strongly feel solar panels are the right choice for the environment, and I’m glad that we were able to take this step.

Does anyone else track their utility bills and compare each year? How are you “going green” at your house?

 

2 thoughts on “Solar panels turn six

  1. Steve and his boss were talking about solar panels the other day. Apparently our power company does not buy back power. We hadn’t gotten very far in our research but that just took all of the wind out of our sails. Obviously it would still be wonderful for the environment and we would benefit a lot. But the recovery time for expense would be SOOOO much longer. ☹️

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