ST Alpha - "1:1 net metering is great. That's what we have. You're still at roughly a 15 year payback " (Reading a Post)

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In response to "Correct it does not. It is 30%. And until Oct. Progress Energy is offering 1:1 buy back and getting the solar now locks us in on that for 15 years. -- nm" by sycor

1:1 net metering is great. That's what we have. You're still at roughly a 15 year payback

Posted by oblique (aka kkuphal) Jul 28 '23, 06:00

We had an extra incentive from Illinois that took the total rebate upwards of 50% which cut our payback period dramatically.

Did they mention anything about SREC purchasing?

Responses:

According this NC has a bad SREC market. -- (link) - sycor Jul 28, 06:09 1
- Interesting. They had a few more posts but this site also seems to summarize the current incentive programs for you -- (link) - oblique Jul 28, 06:28
They did not mention SREC. I guess I should ask about that? Once I figure out what it is. -- nm - sycor Jul 28, 06:07

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1:1 net metering is great. That's what we have. You're still at roughly a 15 year payback

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