We are very excited about the prospect of installing solar power on our house, something we were not sure we could afford. Through a new program that has just arrived in Massachusetts, we have signed up to have 4 kilowatts of solar panels installed on our roofs through what is called a power purchase agreement. The gist is that we pay very little up front ($1,000) and then sign a long-term power agreement with Sun Run Power, which charges us $0.14 per kilowatt hour for the next 18 years, which is about $.06 less than what we pay now. Even if electricity rates do not go up, we pay for the project in 6 years and then save money after that. If electricity rates go up, we save even more. And we expect that the 4200 kwh produced by these panels should provide more than half, maybe 2/3 of all our energy needs for the entire year! At least that's what we're hoping.
Alteris Solar was the local installer arm of this program and they came out a couple of weeks ago to do a roof analysis. Even though we have east and west facing roofs, their analysis showed that because our roofs are relatively flat, and we have very little shading, our production would actually be pretty good. We're very excited, given that our house will be all electric.