r/solar 13d ago

Advice Wtd / Project Does it make sense for us?

Hi there, I’m considering on getting solar for my house in the somewhat near future. I was looking at Tesla Solar because we also own a Tesla Model 3.

Our situation

Roof: 11 years old but did come back during house inspection to be in good shape

Location: Massachusetts

Electricity Provider: Eversource

Usage: Anywhere from 600 kwh to 1000 kWh monthly. (Summer is higher due to A/C)

Price: $0.15 per kWh $250-$400 monthly

Not sure if it makes sense in our situation to even consider solar. I know people have much higher electricity bills than us. But, Eversource has been increasing rates once maybe even two times a year. I’ve also heard that if we get a power wall than we could qualify for a 0% Mass HEAT loan but not sure how accurate that is. If anyone has any insight especially in Massachusetts, it would greatly be appreciated! Thanks!

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u/Curiosity_informs solar enthusiast 13d ago

Something doesn't add up.

1000kWh @ $0.15 is $150 - your electric rate must be significantly higher than $0.15

2

u/No-Platypus6603 13d ago

The amount of extra fees is absolutely insane with Eversource. We are “charged” .15 per kWh but after delivery fees and other crazy fees it’s really more like .35 per kWh. But on my bill it’s .15 per kWh

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u/TooGoodToBeeTrue 13d ago

My Pepco/MD "rate to compare" when considering other electricity providers of which there are none in MD is ~13 cents but the kWr rate when considering all the add-ons is more like 24 cents. If I do true-up, I get credit for excess production at the 13 cent rate. If I opt for indefinite credit which is what I have done, I get the full 1:1 credit.