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24 votes

Is it a good idea to invest in a small-scale solar power plant for income?

Whether any investment makes good financial sense depends on a few factors - let's see how this project lines up: (1) What are the projected revenues from the investment? Looks like you have an ...
Grade 'Eh' Bacon's user avatar
21 votes

Is it a good idea to invest in a small-scale solar power plant for income?

As usual, Bacon's answer is excellent. I'd like to direct some feedback to the data you specifically provided. Your anticipated cost of the solar power system is 5000€ - 7000€ and you expect to earn ...
BobbyScon's user avatar
  • 14k
17 votes
Accepted

How can I calculate the cost of Christmas lights?

One way is by using a plug power meter. Simply plug the meter into your outlet, then plug whatever you're measuring into the meter, and let it go for a while. It will tell you the cumulative power ...
TTT's user avatar
  • 47.2k
12 votes

Is it a good idea to invest in a small-scale solar power plant for income?

Another aspect that hasn't been mentioned so far, is that the low voltage system in Greece is not capable of maintaining stability while handling energy injections by distributed generation at ...
user000001's user avatar
9 votes

Is it a good idea to invest in a small-scale solar power plant for income?

Do you think it is a good idea to use this approach, so I can have an income not based upon software engineering? If you think you are better at running a solar plant than you are at being a software ...
J...'s user avatar
  • 298
6 votes

How can I calculate the cost of Christmas lights?

There are two costs: Upfront costs and replacement Electricity consumption I'll go over these costs for this product, but you can adapt them for whatever kind you bought. If these kinds of light ...
Nosrac's user avatar
  • 6,839
5 votes

How much would it add to my electricity bill to turn on my bathroom's water heater in my condo? In Atlantic City, New Jersey

For the past few decades, US law has required water heaters and other major appliances to ship with a big yellow "Energyguide" label which shows estimated annual energy cost. If somebody ...
user71659's user avatar
  • 3,644
4 votes

British Gas new payment plan

They're not saying what you think. What they're saying is that because this month you only were billed for 53 pounds' worth of energy, and that's well below what they think you probably should have ...
Joe's user avatar
  • 35.8k
2 votes

Financial benefits of installing EV charger for landlords and employers

The public EV chargers can sell electricity at a profit over what they buy the electricity for. And accelerated depreciation is available in the new tax laws for the cost of the equipment. But the ...
S Spring's user avatar
  • 3,582
2 votes

How can I calculate the cost of Christmas lights?

A nice rule of thumb is that 1 Watt costs approximately 1 € or $1 if you run it 24/7 for a whole year, or 0.1 € or $0.1 if you run it for a month. This is a quite rough estimate that could be wrong by ...
jpa's user avatar
  • 1,076
2 votes

Is it a good idea to invest in a small-scale solar power plant for income?

Projections are uncertain. Especially when concerning the future. There is no guarantee that the grid owners will pay you in 2 years what they pay now. Many people have the same idea and revenue will ...
biker's user avatar
  • 21
2 votes

How much would it add to my electricity bill to turn on my bathroom's water heater in my condo? In Atlantic City, New Jersey

How water heaters are designed to always be on. Otherwise, they would have better ways to turn them off than cutting off power at the source. If you turn it off for a period of time, the heater must ...
D Stanley's user avatar
  • 137k
1 vote

Strange electricity charges on apartment move-in & move-out

You mention "estimated" months, but my experience (with only one utility company) with something they call budget billing is that they divide predicted costs across the 12 month period, but ...
mhoran_psprep's user avatar
1 vote
Accepted

What is an effective way to invest in electric car industry?

At this time I would say that the electric car industry as a whole is too new to be able to invest in it as a sector. There are only a handful of companies that focus solely on electric cars to ...
D Stanley's user avatar
  • 137k
1 vote

What is an effective way to invest in electric car industry?

You could have googled this question. I did so and found a link to this article. YMMV taking investment advice from thestreet.com is very likely to lose you money. However, there do not seem to be ...
Pete B.'s user avatar
  • 76.7k
1 vote

What solar panel subsidies does Australia have right now?

The first search on Google: http://yourenergysavings.gov.au/rebates/renewable-power-incentives This links to the following: http://yourenergysavings.gov.au/energy/solar-wind-hydro-power/solar-power/...
reaper_unique's user avatar

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