Quote:
Originally Posted by bluebrit
which basically means a turbine would pay for itself in 5 to 8 yrs approx and after that our electric bill would be minimal, none existent, or they would be paying us for the power we supply to the grid.
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In Florida, any grid-tied system with net metering does not reimburse you for extra power generated. The idea is that you will properly size the turbine/solar array to meet your needs. Rather short sighted of them for sure. With the other regulations that they have regarding insurance, islanding, dual disconnects - one of which the local power company padlocks, and grid-tie size maximums, it is clearly obvious that Florida (all of the power companies) do NOT want citizens generating their own electricity. You may find that the hurdles you have to jump through will add a few years in payoff value. Florida currently requires a $250k umbrella insurance policy to be renewed annually for a grid tie system which adds about $1800/year to your cost. I commend you for your efforts -- I thought about doing it a few years back and still intend to do it... one day.
Hope everyone has a good monday.......