Hacker News new | ask | show | jobs
by haccount 600 days ago
This compared to my own experience shows how much location matters for these things.

I live in a place with cheap and stable hydropower. There's winter time price spikes but average solar earnings compared to grid cost from solar during sunny months would be pocket change. In winter solar would give virtually nothing.

The overwhelming conclusion was that instead of buying a pile of hardware to install, configure and maintain I will earn more by clicking a button that puts it as a financial investment into anything with more than 2-3% annual yield and just paying the electricity bill and reinvesting whatever is left over.

I wanted to find an edge case that would make me feel smart for buying a multi kWh home battery but with the exception of a market apocalypse or the likes every outcome suggests that I just put it in dividend stock, high interest savings accounts or whatever else until either power prices increase tenfold or $/kWh for batteries drop tenfold.

1 comments

Different strokes for different folks. If you already have sufficiently reliable power and the savings won't beat the S&P500, then I guess sticking to the grid makes more sense. It's just the flexibility and reliability of solar I'm commenting on, especially if you live close to the equator.