Environmental Almanac: It's a great time to equip home with solar panels
Have you ever entertained the idea of generating electricity at home with solar panels on your roof? If so, now may be the time to act. That's the conclusion Phil Krein reached recently, anyway. He's a longtime resident of central Champaign and a professor in the University of Illinois Department of Electrical and Computer Engineering, a guy who knows this stuff as well as anyone around.
Why now? Previously, says Krein, installing solar panels was a job that required either a knowledgeable, dedicated hobbyist with lots of time or a specially trained contractor. But that's not the case anymore.
The availability of two fairly simple new technologies has emboldened Krein to go ahead with his own do-it-yourself project. One is a high-quality, self-sealing screw for mounting the brackets to hold solar panels on a roof.
The other is a photovoltaic panel that comes with its own small inverter attached to the back. The inverter converts the direct current produced by the panel to alternating current, which can be fed into the grid. That makes the system safe for a nonexpert to work with and easy to expand. Formerly, most photovoltaic panel setups depended on a single, larger inverter, which required a more complex electrical setup.
In addition to these technologies, the other incentive for Krein to go ahead with solar now is the extremely low price of photovoltaic panels. For comparison, about four years ago, the best-priced panels cost more than $5 per watt, or $1200 for a 240-watt panel, and that was down from $9 per watt in 2007. The panels Krein just purchased are priced at $1.57 per watt, or $378 per panel plus $30 each for shipping.
He ordered them via the Web on a Monday, and they were delivered to his house three days later.
Krein's expenses for the project total about $3,280, which breaks down as follows: $2,448 for six solar panels, $540 for the optional monitoring box that watches their performance, $150 for mounting hardware and electrical bits and pieces, $50 for a new two-way electric meter and $80 for an electrical permit. This doesn't take into account the federal tax credit for residential solar projects or state incentives that can be sought.
In the current phase of the project, Krein is installing six panels. Together, they'll produce about 2,400 kilowatt-hours of electricity over the course of a year. That's about 30 percent of what his family uses, and, at current prices, a savings of roughly $20 a month. That may not sound like much, and Krein's project may take 10 years or so to pay for itself, but as he points out, "The warranty is 25 years, so I don't have to think about it again until it is time to replace the roof."
That would already make it a reasonable deal, but Krein thinks there's no reason to believe the panels will not continue to function for far longer—possibly 50 years.
You can call that anything you like, but I call it cheap, noncarbon-emitting, nonair-polluting, nonwater-polluting, nonland-occupying electricity.
Environmental Almanac is a service of the University of Illinois School of Earth, Society and Environment, where Rob Kanter is communications coordinator. Environmental Almanac can be heard on WILL-AM 580 at 4:45 and 6:45 p.m. on Thursdays.