Site "C"

[srupp]

Hmmm have only used solar energy on our RV..but since 2000 its provided extreme inexpensive power..starts with first bit of sun. .clicks off after sun goes down, need generator for microwave, tv.but during hunting trips all solar...even for running forced air furnace..not once did we run out of power..as of last year replaced 98 % of lights inside with LED bulbs..8x more energy efficient. .if we could do that for our home..I would pay for the system if paybavk was within 5 years..
Srupp

[kootenaihunter]

The article gives you enough information to get the approximate total value of each respective project. It doesn't give you enough information to determine the structure of the investment or whether it's a good deal vs other alternatives, where the capital comes from, or things of that nature. but for the basic questions you're asking, if the stated variables are close to being accurate, the article is structured like a grade 3 math problem;

penticton high: 300k
skaha high: 200k
respectively

if the costs break down equally, and if they were paying hydro prices inline with retail residential and small business rates, they installed systems of approximately 100 kWh and 65kwh respectively, which is pretty consistent with the number of panels Penticton installed, and about 3 dollars per installed watt, which is realistic. So 20 year payback at current rates on the total investment. But like death and taxes, rates go up. So that'll come down and realized return will head up; plus it perhaps incentivizes everybody to find ways of conserving, which can tie into a whole host of overall education objectives for the project. So some of the money can be put in that column too I suppose.

However, I'd say the 3.8% asset return probably justifies itself, assuming it doesn't increase any liabilities elsewhere, like maintenance.

overall, seems like a good project, bravo!

20 years ROI is typically not looked at as a wise investment unless you'll see increases in asset value (such as a house). What's the lifespan of a solar panel? Rule of thumb panels decrease in efficiency 1% per year, so 80% efficient after 20 years, so you have a decreasing asset value. You can only say it will increase based on the value of power, but your maintenance costs will gobble up that 3.8%. AND when power will be made the most, in summer, school will be out! So I hope they net metering! Remember, BC has some of the cheapest power prices in the world!

Some good info,
https://www.bchydro.com/powersmart/r...ar-energy.html

[Pemby_mess]

20 years ROI is typically not looked at as a wise investment unless you'll see increases in asset value (such as a house). What's the lifespan of a solar panel? Rule of thumb panels decrease in efficiency 1% per year, so 80% efficient after 20 years, so you have a decreasing asset value. You can only say it will increase based on the value of power, but your maintenance costs will gobble up that 3.8%. AND when power will be made the most, in summer, school will be out! So I hope they net metering! Remember, BC has some of the cheapest power prices in the world!

Some good info,
https://www.bchydro.com/powersmart/r...ar-energy.html

You bring up lots of points here:

ROI of 20 years is not necessarily seen as poor when it comes to things without much risk and that produce predictable yields. It's pretty typical for T-bonds as an example.

PV degradation is seen to be much less than 1% in the newest generation of panels. 1% annual degradation is an old worst-case benchmark. Much better can be expected from panels produced within the last 10 years. 1%/annum is what the standard panel warranty generally states. I have experience with panels installed 30 years ago and they're still yielding above 85% rated capacity. Panels produced in the 1940's are still generating above 50%. Maintenance costs are very low in a well thought out, properly installed grid tie system.

If I own an industrial plant, it's physical structure depreciates. However since it produces an income, The value of it's ability to produce income generally holds or increases. Inflation ensures this. Houses are similar in a sense, because banks value them this way. As conservative as banks are, they will quickly come to value home solar installations in a similar sense. Despite the physical depreciation of the panels, its not a typical depreciating asset like a car. A car is valued for its capital value only.

Of course they're net metering.

Yes, BC's low hydro rates make solar less attractive. The higher the rates, the more attractive it becomes. It's perhaps one reason why we are lagging the rest of the world in installed capacity. However, we've made some incredibly poor business decisions when it comes to our hydro assets and how we've structured the public-private power market in BC. It's not unreasonable to expect the relative affordability of electricity in BC to change markedly in the coming years; as it has been doing.

Hydro, despite being relatively cheap, isn't really exclusive to solar's utility. They're actually highly complimentary from the perspective of grid integrity. BC hydro's embrace of a self-generating, decentralized grid is about as warm as that from any utility. On some level that is to be expected. However resisting the inevitable isn't going to look good when it's in the rear-view mirror.

[boxhitch]

However resisting the inevitable isn't going to look good when it's in the rear-view mirror.

Same story from the guys promoting silver bullion years ago
Someday it will be worthwhile )

[tigrr]

I do hope site C goes ahead. Boost BC's economy. Now if we can just get the morons to let the pipeline through too.

[Pemby_mess]

BC hydro is trying to hold back the tide. Applies to BCUC to restrict grid-tied solar installation in BC after identifying "a trend".

https://www.bchydro.com/content/dam/...edule-1289.PDF

talk about trying to stick your finger in the dyke. Site C is going to look extraordinarily stupid even before it generates a single watt.

[Deaddog]

The quicker those of us north of hope can separate from B.C. the better. We are two totally different cultures. It is only a matter of time. We in the rest of the province have ports and world wide access. Pretty tired of being told how to live by those south of hope

[mpotzold]

Now for some good news!
Recall & Initiative Act to the rescue! Well a big maybe!

May 3, 2018- Elections BC has approved a petition application to cancel Site C

Starting July 3 the petition must be signed within the 90-day canvassing period by at least 10% of the registered voters in each electoral district in the province.
For an initiative vote to be successful, the majority of registered voters in the province must vote in favour of the initiative and more than 50% of registered voters in at least two-thirds of the electoral districts in the province must vote in favour of the initiative.

http://www.alaskahighwaynews.ca/site-c/elections-bc-approves-petition-to-cancel-site-c-1.23290204

[eric]

^^^^, why would this be good news ?

[mpotzold]

^^^^, why would this be good news ?

Hope this helps

See my posts for what it's worth!
Start with 422, 342,305,222

then-37,42,47,114,116,

137,138,141,146,147,148

154,211,215,266,268,273,

277,313,314,355,362.


# 368 BBD SUMMARY! I hate this dam and will NEVER vote for ANY of those responsible for it's building. Corporatist "lunatics" and landraping scum!


# 374 BBD again. "Progress"????? Destroying excellent wildlife habitat and farmland to indebt ourselves for billions so we can sell our power to the USA for minimal cost and probably not even get paid???
You gotta stop smoking that schidt, son, it's addling your pate! [IMG]file:///C:\Users\Potzold\AppData\Local\Temp\msohtmlclip1\0 1\clip_image001.gif[/IMG]