I think everyone should take the lead from this family. Their electricity bill went from $28.61 last month compared to $150 a month last year. That is quite a decent savings. I wonder if they put double the amount of panels (if it is possible) or got more efficient thin film solar cells they could actually sell power to the electric company?
That would be a great incentive to get people to adopt solar. Lets say you sign up for this so-called solar sales program the Electric Company would pay you for every watt that you deliver into the grid. Then you would get that tax credit and be able to sell your excess power for some extra bucks every month. This is the system they have:
The system, which still allows the family to use energy from the traditional power grid when the sun is not shining, uses what is known as net-metering. No electricity is stored in the house. Energy produced in excess of what is needed is fed back to the power grid, effectively making the Redmonds' electric meter run backward.
Twelve panels on the roof feed power to a device in the basement called an inverter.
The solar power system cost $23,000 after a $2,000 tax credit. Redmond estimates that the system will pay for itself in 10 to 15 years.
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