ResidualJinx
Well-known member
- First Name
- Erik
- Joined
- Jul 22, 2022
- Threads
- 6
- Messages
- 158
- Reaction score
- 142
- Location
- California
- Vehicles
- BMW X7, F-150 Lightning, Kia EV6
- Thread starter
- #1
So as the title states I'm struggling to see the downsides to my decision to install a Home Integration System (HIS) by SunRun at my Cali home. Here's the deets:
K go!!! Tell me all the reasons I'm crazy or my logic is flawed so I talk myself out of this lol
- 2022 Lariat Extended Range is currently shipped and should arrive at the dealer by month's end
- Quotes to install Ford CSP range between $750-1250 so I'm calling it $1k for the cheapest option (sunk cost to charge at home)
- Quote from Sunrun for just HIS $9k which includes installation of CSP
- This is where things get interesting:
- Tiny 6 panel (2.12 kwh) system that allegedly will get approx 3k kwh per year, HIS and CSP installed: $11.5k
- Whole system qualifies for 30% tax credit: ~$3.5k
- Alternative fuel tax credit, for installing the CSP: $1k (not sure I can double dip like this but I'll ask my accountant later)
- Cost of electricity in Cali averaging .30/kwh (.21/kwh off peak and .51/kwh on peak which is 4-9pm), so annually the 6 panels will generate approx $1k of electricity at SCE rates
- My subjective math:
- $11.5k solar + HIS + CSP
- -$3.5k tax credit
- -$1k CSP sunk cost
- Potential -$1k alternative fuel tax credit
- $6-7k system cost which would pay itself off in approx 6-7 years
- Because I already have Sunrun panels (12 of them) and Sunrun is installing the rest, they'll tie in the entire system and I'll be able to use solar during any outage to reduce draw on the truck (wont be able to charge tuck from excess for now)
- That number does not factor the peace of mind of having backup power when Cali has more rolling blackouts in the years to come AND
- When Ford+Sunrun brings Intelligent Power (different then Intelligent Backup Power) online, and I'm able to use the truck's battery as my primary source of electricity during peak hours that would prevent me from drawing from the grid at .51/kwh from 4-9pm which is astronomical in cost and potentially save me oodles, and then recharge the truck at night for .21/kwh. For example, this month I used 310 peak kwh so that's a saving of approx $90/mo or another $1k per year, cutting the repayment period in half to 3-3.5 years. ~ fully aware this could be vaporware lol. I did find this:
K go!!! Tell me all the reasons I'm crazy or my logic is flawed so I talk myself out of this lol
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