Originally posted by Hamloc
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When it comes food price inflation in Canada, grocery stores aren’t the only issue
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The climate change deniers don't think renewables are going to play a much bigger role in our energy supplies? Say it ain't so! LOL
Storage is here, lower prices from renewables are here. Even conservative provinces and Crypto are embracing lower carbon energy sources and the transition to EVs and renewables.
Are renewables going to instantly replace all fossil fuels? No! Its a transition that will take some time.
But don't let that stop you from denying climate change and the transition to low carbon energy sources!
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Originally posted by AlbertaFarmer5 View PostAsking them specific examples about their own farm, is always a good way to make them go very quiet.
Questions?Last edited by chuckChuck; Oct 13, 2023, 10:29.
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Originally posted by chuckChuck View PostThe climate change deniers don't think renewables are going to play a much bigger role in our energy supplies? Say it ain't so! LOL
Storage is here, lower prices from renewables are here. Even conservative provinces and Crypto are embracing lower carbon energy sources and the transition to EVs and renewables.
Are renewables going to instantly replace all fossil fuels? No! Its a transition that will take some time.
But don't let that stop you from denying climate change and the transition to low carbon energy sources!
Are you delusional??
Please sir , name one place where this is so ??
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Start with my own farm Solar PV system! 8 cents vs 14 cents per kwh from Sask Power. Which part of that don't you understand? LOL
Then look at what at what the International Renewable Energy Agency says:
https://www.irena.org/News/pressreleases/2023/Aug/Renewables-Competitiveness-Accelerates-Despite-Cost-Inflation
Global power sector saved fuel costs of USD 520 billion last year thanks to renewables, says new IRENA report
Abu Dhabi, United Arab Emirates, 29 August 2023 – The fossil fuel price crisis has accelerated the competitiveness of renewable power. Around 86 per cent (187 gigawatts) of all the newly commissioned renewable capacity in 2022 had lower costs than fossil fuel-fired electricity.
Renewable Power Generation Costs in 2022, published by the International Renewable Energy Agency (IRENA) today shows that the renewable power added in 2022 reduced the fuel bill of the electricity sector worldwide. New capacity added since 2000 reduced the electricity sector fuel bill in 2022 by at least USD 520 billion. In non-OECD countries, just the saving over the lifetime of new capacity additions in 2022 will reduce costs by up to USD 580 billion.
In addition to these direct cost savings, there would be substantial economic benefits from reducing CO2 emissions and local air pollutants. Without the deployment of renewables over the last two decades, the economic disruption from the fossil fuel price shock in 2022 would have been much worse and possibly beyond many governments ability to soften with public funding.
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Originally posted by Bin Lurking View PostAnd yet another chuck and af5 little bıtch fight
The rest of Chuck's CWB comrades seem to have abandoned him to his own devices.
Not much fun debating with people who are on the same side.
So I'm stuck with Mr lol.
If anyone who has any debating skills greater than calling their opponent a flat earth supporter wants to come and join the conversation, I will be happy to have a civil debate with them. But until then, I am stuck with Chuck. At least he is highly entertaining.Last edited by AlbertaFarmer5; Oct 13, 2023, 13:58.
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Originally posted by chuckChuck View Post25 kw of solar PV installed, 35,000 kwh per year on average at 8 cents per kwh. Sask Power rate 14 cents per kwh.
Questions?
We use too much power here and are looking at alternatives.
If I install a 25kw solar system it looks like about $3 per watt? More or less $75k?
So if using 35000kw per yr we can save about $2100 on grid tye with Sask Power?
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Originally posted by shtferbrains View PostThank for offering to answer questions.
We use too much power here and are looking at alternatives.
If I install a 25kw solar system it looks like about $3 per watt? More or less $75k?
So if using 35000kw per yr we can save about $2100 on grid tye with Sask Power?
Based on 25 year term, at current interest rates of 6%, annual payments would be $5760.00
That is assuming no ongoing maintenance and upkeep costs. No resale value after 25 years.
So, it costs $5760, in order to save $2100. Seems like a bargain to me.
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If you went to a bank to finance this folly they would laugh you out of the room. Or maybe they will lend you enough money to hang yourself with stupidity.
A capital outlay that will make zero money, likely have to be subsidized with govt funds and a back tie to the provincial grid, has no residual value at the end and likely with a high cost for decommissioning.
Phone up a equipment leasing company and see what rates you get. It will be 9% for something as unproductive as this.
If you have $75k laying around go buy Transcanada stock and it will pay your power bill for you.
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Originally posted by shtferbrains View PostThank for offering to answer questions.
We use too much power here and are looking at alternatives.
If I install a 25kw solar system it looks like about $3 per watt? More or less $75k?
So if using 35000kw per yr we can save about $2100 on grid tye with Sask Power?
I will take a look and get back to you.
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Originally posted by chuckChuck View PostStart with my own farm Solar PV system! 8 cents vs 14 cents per kwh from Sask Power. Which part of that don't you understand? LOL
Then look at what at what the International Renewable Energy Agency says:
https://www.irena.org/News/pressreleases/2023/Aug/Renewables-Competitiveness-Accelerates-Despite-Cost-Inflation
Global power sector saved fuel costs of USD 520 billion last year thanks to renewables, says new IRENA report
Abu Dhabi, United Arab Emirates, 29 August 2023 – The fossil fuel price crisis has accelerated the competitiveness of renewable power. Around 86 per cent (187 gigawatts) of all the newly commissioned renewable capacity in 2022 had lower costs than fossil fuel-fired electricity.
Renewable Power Generation Costs in 2022, published by the International Renewable Energy Agency (IRENA) today shows that the renewable power added in 2022 reduced the fuel bill of the electricity sector worldwide. New capacity added since 2000 reduced the electricity sector fuel bill in 2022 by at least USD 520 billion. In non-OECD countries, just the saving over the lifetime of new capacity additions in 2022 will reduce costs by up to USD 580 billion.
In addition to these direct cost savings, there would be substantial economic benefits from reducing CO2 emissions and local air pollutants. Without the deployment of renewables over the last two decades, the economic disruption from the fossil fuel price shock in 2022 would have been much worse and possibly beyond many governments ability to soften with public funding.
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Originally posted by AlbertaFarmer5 View PostCan you get mortgage rates on a solar installation? Or would rates be higher?
Based on 25 year term, at current interest rates of 6%, annual payments would be $5760.00
That is assuming no ongoing maintenance and upkeep costs. No resale value after 25 years.
So, it costs $5760, in order to save $2100. Seems like a bargain to me.Last edited by Hamloc; Oct 14, 2023, 08:09.
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Originally posted by shtferbrains View PostThank for offering to answer questions.
We use too much power here and are looking at alternatives.
If I install a 25kw solar system it looks like about $3 per watt? More or less $75k?
So if using 35000kw per yr we can save about $2100 on grid tye with Sask Power?
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Originally posted by Hamloc View PostLooks like a 25 kwh system using 440 watt panels requires 57 panels. The solar array would be roughly 19 feet x 71 feet. System this large would make the most sense on the ground as opposed to a roof. But as pointed out by AB5 if financed with zero down $5760 a year to pay for it over 25 years at 6%. 6% would be a very good interest rate as most machinery loans are over 7% now.
Considering that farm machinery is easy to repossess, and has residual value compared to a solar installation, and a business case can be made for farm machinery, which does not exist for solar panels, I would expect the rate to be higher than farm machinery.
In case it wasn't clear, the $2100 was the difference between the 14 cents and 8 cents, the potential savings from having solar. barely covers 1/3 of the annual payments.
But as Chuck has reassured us, it is about the same price as a new pickup truck, therefore it is a good deal.
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