Saturday, March 10, 2012

March Update

It's been a while, so I figured I'd give an update on how the system is working. To date, it's generated over 2500kWh of energy to heat our water and offset over $350 in electric costs. Our old water heater was also less efficient, so the electric bill is actually down more than that. Over the winter we also added more blown in insulation in the attic and done a few other small things like go to T-8 lamps in our kitchen main light. We've started tracking the savings on the Share MyGreenQuest website: http://share.mygreenquest.com/kaptainkriz
Overall, we're down nearly 42% on consumption in no small part because of the solar system. Maryland now allows the generation of SRECs for certified solar systems utilizing the OG-300 Estimated Annual Output (kWh). We are in the process of registering with SOLSYSTEMS http://www.solsystemscompany.com/ to sell our output quarterly. Our OG-300 rating is 2933.00kWh for the area and the Equivalent Nameplate Capacity is 2.444 (kW). We anticipate earning an additional $527 a year for the next few years from these SRECs.

2 comments:

  1. Hi, I have a question about the SRECs for Solar hot water. Did you have to register them with the PSC before you started selling them?

    thanks.

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    Replies
    1. The solar system needs to be registered with the PSC in Maryland. SolSystems did all the paperwork for me as part of their agreement between me and the installer (Solar Energy Services).

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