Sunday, October 11, 2009
Our Solar Panels that went active on the roof around August 1st are starting to pay off. For the month of Sept. 9 to Oct. 9 our total bill for electricity from PNM was a minus $37.50. Yes, that is right. They owe us money for the amount of energy we sold them during the daytime. We sold them 467 kilowatt hours(kwh) during the day at about 13cents and we bought power in the evenings of 228 kwh at less than 10 cents. The estimates we had for the system are right on target for paying off the system in about 9 years. More importantly, our system is saving the emission of green house gasses.