Re:Electric vehicle battery costs rapidly declining, Tesla c...
by pjc50 on Wednesday June 08, 2016 @10:18AM
(#11862406)
IF you can get a solar system and batteries for £1k, then that starts to look feasible. But that's a big if.
I had a 3.8kW solar system put in for £5k last year and have yet to really run the numbers on savings; the payback period is 10 years of feed-in tariff cheques. If I went off-grid that would be reduced. I don't really see why I'd want to go off-grid for its own sake, I'd rather better explore the possibilities of net metering and sharing power with the rest of the city.
The real question is "how much space are you willing to sacrifice for energy self-sufficiency?"
In the UK, electric bills hover around $1200 a year for electric/gas households and $2000 a year for full electric.
Renewable households will have a HUGE potential market.
U.K. Residential market is 26 million houses. Theoretical price point of $1500 dollars (one years energy cost) = 39 billion dollar market not including the massive combined secondary services in maintenance, installation training providers, parts, etc.
USA residential would be 6 times that and the provision of renewables to corporates is almost incalculable.
It's an entirely new economic ecosystem divorced from petrochemical.
It a price point higher than $3000 dollars we are getting into a market cap of many trillions worldwide.