Open question to the folks on this thread. Would you have gone solar if your grid power cost at the pole was .084 cents per kWh and no Net Metering? I live in Alabama, yea, I know it's worse than you think about being a non-friendly state towards solar. This month's power use was $95 for 1130 kWh of grid power. My ICF home does not use power but I wanted to see if it was financially viable for me to install a 9.26 kWh ground array (on 5 acres). A local contractor wanted to add two Tesla Powerwalls to the design for an extra $24,000. Gulp. I am strongly looking at installing my own system as a DIY project. Tesla does not service this backwoods area, the contractor would bring them from FL, I live ten miles across the state line into AL.
We installed 44 330W panels (15.4 KW) and 4 PowerWalls at the end of December last year in Houston. Yesterday, for the last two days with full sun, our panels generated over 86 KWh of power, more than our house used.
Our current electricity plan is $.091/KWh (our previous plan was $.111/KWh).
Comparing the first 4 months of this year, our electric bills have dropped from $1336 (for Jan-Apr) to $403 - a $900 savings. Though not all of the savings was due to the solar power - because of the current crisis, we're not using as much electricity to charge our S & X vehicles.
When our current plan comes up for renewal, we may shift to a "free nights" plan that charges $.204/KWh from 9AM to 9PM with free electricity between 9PM and 9AM. Under that plan our electricity costs for Jan to Apr would have dropped to $194 (with all EV charging being done after 9PM each night).
At least so far, we are very satisfied with the cost savings we've seen from our solar panels/PowerWalls, even with the low electricity rates we're getting in Texas and no solar "buyback" (which isn't required in Texas). And if we really can use a "free nights" plan, we could drive our grid costs down even further.
NOTE that when we planned our system, we did a projection of when we would break even on the solar/PowerWall costs (after the 30% federal tax credit). For that assumption, we assumed an annual 3% increase in electricity costs. And based on those estimates, we projected break even after 11 years - which we decided was acceptable.
And based on results so far, we may have been too conservative in our estimates, and could see our break even point faster.
Plus, because we are getting about 2/3 of our electricity (on average) from our solar panels & PowerWalls, we're confident that we can operate off-grid for days during an extended power outage (hurricane) - saving us the cost of purchasing a backup generator (which might have cost us $10K, after installation).