Solar generates fifth of global electricity on summer solstice midday peak

Re:Solar generates fifth of global electricity on summer sol... by grecy on Saturday June 22, 2024 @06:57PM (#40762997)

I'll need to see a whole 12 months of output before I can be sure. I suspect winter production will be well down, especially on heavy snow weeks (we get a lot here).

Roughly, it looks like it will make about $1000 worth of power per year, and the price of power here is already locked in to go up between 5% and 12% per year, basically forever.

I'm right on $8k out of pocket, which is on a 10 year interest free loan. So if I just put the savings from my old electricity bill into the loan, in 10 years it will be gone, and I'll just free power for 20 or so years after that.

One day I'll build a garage, cover that in solar too, then get an EV so I don't have to ever buy gas again.

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Re:Solar generates fifth of global electricity on summer sol... by SoftTalker on Saturday June 22, 2024 @07:48PM (#40763312)

Where do you get a 10 year interest-free loan for solar?

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Re:Solar generates fifth of global electricity on summer sol... by Waterluvian on Saturday June 22, 2024 @07:02PM (#40763033)

That’s a phenomenal ROI if you’re in it for the long haul. Thanks for sharing the details.

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Re:Solar generates fifth of global electricity on summer sol... by grecy on Saturday June 22, 2024 @07:13PM (#40763111)

And I'm in the rocky mountains in Canada, where basically everyone says "Solar will never work here".

In my experience, solar works everywhere. TONS of friends in Alaska and Yukon have been off grid since ~2010.

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Re:Solar generates fifth of global electricity on summer sol... by Waterluvian on Saturday June 22, 2024 @07:21PM (#40763146)

My MSc research at UWaterloo involved mapping photovoltaic viability in Canada. The data was somewhat uninteresting because the conclusion was: pretty much everywhere.

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