gar
Senior Member
- Location
- Ann Arbor, Michigan
- Occupation
- EE
110527-0038 EDT
Around here the installed cost appears to be about $7 to $8 per watt. The resulting production is about 1.1 KWH per year per watt rating. Maybe somewhat higher with microinverters.
A major problem. In our town the tax rate is about $47 per taxable $1000 value. Divide actual value by 2 to get taxable value. So $7 becomes $3.5 taxable. Divide 47 by 1000 and multiple by 3.5 and the result is $0.165 tax per year per installed 1 W of rating. The cost to buy the 1.1 KWH per year from Detroit Edison is about $0.13*1.1 = $0.143 .
The tax on the equipment to generate the electricity is greater than the cost to just buy the power from the power company. Thus, if the equipment was free but you had to pay at this tax rate you would be losing money.
.
Around here the installed cost appears to be about $7 to $8 per watt. The resulting production is about 1.1 KWH per year per watt rating. Maybe somewhat higher with microinverters.
A major problem. In our town the tax rate is about $47 per taxable $1000 value. Divide actual value by 2 to get taxable value. So $7 becomes $3.5 taxable. Divide 47 by 1000 and multiple by 3.5 and the result is $0.165 tax per year per installed 1 W of rating. The cost to buy the 1.1 KWH per year from Detroit Edison is about $0.13*1.1 = $0.143 .
The tax on the equipment to generate the electricity is greater than the cost to just buy the power from the power company. Thus, if the equipment was free but you had to pay at this tax rate you would be losing money.
.