InvestorsHub Logo
Followers 54
Posts 6284
Boards Moderated 0
Alias Born 05/06/2007

Re: newmedman post# 388482

Monday, 10/18/2021 9:08:49 PM

Monday, October 18, 2021 9:08:49 PM

Post# of 483179
I agree on the critical need to upgrade the power grid. My first job out of the Air Force was at an electric utility as a distribution engineer. This was in the '70's but the need was high even then.

On my grid-tied system, it works like this. About 10 years ago my rural electric co-op made an offer I couldn't refuse (it probably was because they discontinued it a year or two later). They would reimburse 1/2 the costs of materials and labor for installation of any solar or wind generation of any capacity. I sized my turbine and solar generation close to my actual historic usage. When I'm not generating, I buy the power from the co-op at the retail kWh price. When I generate surplus, I sell it to the co-op at the wholesale kWh price. The co-op "evens up" the ledger once a year on a specified month. Like I said, I am using the utility as an inefficient and expensive battery bank.

I could have gone off grid but I didn't want the maintenance time and headache and the price of the required battery capacity. Plus, I HATE fµ¢king around with a lot of acid.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.