gar
Senior Member
- Location
- Ann Arbor, Michigan
- Occupation
- EE
130623-1532 EDT
From the following information what ideas are stimulated?
Recently our gasoline price inched over $4 per gallon. On Friday in Ohio I bought $40 of gas at $3.299 / gallon. Averaged over the year 2012 my cost for home heating natural gas was $0.893 / CCF, and for electricity just under $0.16 / kWh. Actual cost of electricity out of an existing coal fired plant is in the range of $0.03 to 0.04 / kWh.
One gallon of gasoline is about 33.4 kWh.
One CCF of natural gas is about 29.3 kWh.
A gasoline engine is in the range of somewhat over 30% efficient at its maximum point.
A new home gas furnace might be over 90% efficient, but may have maintenance costs.
A solar panel cost might be about $5 / watt installed. If one has a good location in our area the production might be about 1.1 * 200 = 220 kWh / year. The installed cost is about $1000. If installed on a house or building the real estate taxes would be about 40 * 1000 * 0.5 / 1000 = $20 per year. The gain not spent on buying electricity is about 220 * 0.16 = $35.20 / year. If the panel life time is 25 years, then capital cost is at least $40 / year. Looks like a big loss.
If I do my own installation of solar and plant the panels in the backyard not attached to real property, then no tax and about $3 / watt installed. This would look better economically.
My point on solar has nothing to do with the first comments preceding the solar. The purpose of the post is to stimulate ideas.
Correct any mistakes I may have in the above information.
.
From the following information what ideas are stimulated?
Recently our gasoline price inched over $4 per gallon. On Friday in Ohio I bought $40 of gas at $3.299 / gallon. Averaged over the year 2012 my cost for home heating natural gas was $0.893 / CCF, and for electricity just under $0.16 / kWh. Actual cost of electricity out of an existing coal fired plant is in the range of $0.03 to 0.04 / kWh.
One gallon of gasoline is about 33.4 kWh.
One CCF of natural gas is about 29.3 kWh.
A gasoline engine is in the range of somewhat over 30% efficient at its maximum point.
A new home gas furnace might be over 90% efficient, but may have maintenance costs.
A solar panel cost might be about $5 / watt installed. If one has a good location in our area the production might be about 1.1 * 200 = 220 kWh / year. The installed cost is about $1000. If installed on a house or building the real estate taxes would be about 40 * 1000 * 0.5 / 1000 = $20 per year. The gain not spent on buying electricity is about 220 * 0.16 = $35.20 / year. If the panel life time is 25 years, then capital cost is at least $40 / year. Looks like a big loss.
If I do my own installation of solar and plant the panels in the backyard not attached to real property, then no tax and about $3 / watt installed. This would look better economically.
My point on solar has nothing to do with the first comments preceding the solar. The purpose of the post is to stimulate ideas.
Correct any mistakes I may have in the above information.
.