Monday, December 19, 2022

Puget Energy Electric Bill for Jim and Linda

I added our electric bills from Jan 27, 2021 up to Dec 14, 2022 and get $1,048 cost for the two years. Solar created $2,824 over two years creating a net profit of $1,775. We had 9 months over the two years where we did not pay for electricity but just the connection charge of $7.49. Bottom line our solar panel electrical generation plus rebates easily pay for our electricity usage. The net profit goes into refunding the initial cost of the panels which are supposed to break even at 8 years. Solar panels are a great deal if they get lots of sunlight and the State maintains their generous incentive program.