{"id":286,"date":"2025-04-02T20:30:47","date_gmt":"2025-04-03T02:30:47","guid":{"rendered":"https:\/\/leonardhendricks.com\/?p=286"},"modified":"2025-04-02T20:32:32","modified_gmt":"2025-04-03T02:32:32","slug":"solar-results-for-2024","status":"publish","type":"post","link":"https:\/\/leonardhendricks.com\/index.php\/2025\/04\/02\/solar-results-for-2024\/","title":{"rendered":"Solar Results for 2024"},"content":{"rendered":"\n<p>Like my <a href=\"https:\/\/leonardhendricks.com\/index.php\/2023\/01\/03\/solar-results-to-dec-22\/\">2022 results post <\/a> and my <a href=\"https:\/\/leonardhendricks.com\/index.php\/2024\/09\/12\/solar-results-for-2023\/\">2023 results<\/a> I wanted to provide an update on how our solar did in 2024.<\/p>\n\n\n\n<p>Overall we had a net contribution of $2720 and the results were a little worse than 2023 but slightly better than 2023.  We had production of 12,000 kwh in 2024; of which we sold 7600 kwh back to the grid.  This was about 1500 kwh less than 2023, I assume due to the Tesla being set to charge during the day so we don&#8217;t have to pay distribution and transmission charges. <\/p>\n\n\n\n<p>For all our financial calculations we use the real solar club rate for what we produce in the summer, but only price our internally used power at the &#8220;grid&#8221; rate which we use 8.3 cents per kwh. Like in 2023 we use 6 cents for our variable Distribution and Transmission cost, so internally consumed kwh are always 14.3 cents. This is important as our results are not inflated using a higher export solar club rate, although that is our opportunity cost.<\/p>\n\n\n\n<p>Our payback period remains at 9 years with an additional 5 years to go.  This is the most common financial metric I get asked. I thought this was optimistic, but we have remained at 9 years payback throughout which is great.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Like my 2022 results post and my 2023 results I wanted to provide an update on how our solar did in 2024. Overall we had a net contribution of $2720 and the results were a little worse than 2023 but slightly better than 2023. We had production of 12,000 kwh in 2024; of which we &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/leonardhendricks.com\/index.php\/2025\/04\/02\/solar-results-for-2024\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Solar Results for 2024&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[36,38,37],"class_list":["post-286","post","type-post","status-publish","format-standard","hentry","category-solar-yyc-2","tag-solar","tag-solar-electric","tag-solar-yyc"],"_links":{"self":[{"href":"https:\/\/leonardhendricks.com\/index.php\/wp-json\/wp\/v2\/posts\/286","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/leonardhendricks.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/leonardhendricks.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/leonardhendricks.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/leonardhendricks.com\/index.php\/wp-json\/wp\/v2\/comments?post=286"}],"version-history":[{"count":1,"href":"https:\/\/leonardhendricks.com\/index.php\/wp-json\/wp\/v2\/posts\/286\/revisions"}],"predecessor-version":[{"id":287,"href":"https:\/\/leonardhendricks.com\/index.php\/wp-json\/wp\/v2\/posts\/286\/revisions\/287"}],"wp:attachment":[{"href":"https:\/\/leonardhendricks.com\/index.php\/wp-json\/wp\/v2\/media?parent=286"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/leonardhendricks.com\/index.php\/wp-json\/wp\/v2\/categories?post=286"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/leonardhendricks.com\/index.php\/wp-json\/wp\/v2\/tags?post=286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}