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Solar Panels and EVs – a Money Saving Combination

Solar-Savings 2016I had solar panels installed on my house early last year. My solar panels generated 73% of my power usage and saved me over $1000. We’re now about halfway through this year and so far I’m 84% solar. Last week I had a few more panels installed, which should bring me close to generating 100% of my power usage. The price of the solar panels should break even with the amount I save in electricity in about 7 years. 

Solar-Savings 2017-07Another benefit of this is my Tesla now runs primarily on free solar power. I don’t have to worry about gas prices anymore. Even if I didn’t have solar panels, the electricity to power my car costs a fraction of what it costs to fill up a gas tank. It would cost me less than $10 in electricity from FPL to fill up my ‘tank.’ To put another way, the cost of a single fill-up on a 20-gallon gas tank right now would pay for a month of driving on my electric car.

The Sierra Club is working to get cities around the world pledge to switch city operations to 100% renewable energy by 2035. It’s called the Ready for 100 pledge and there is a petition to get the City of Melbourne to join in. As part of the pledge, a board would be formed to formulate a plan for how to achieve the 100% goal. This would likely include a mix of installing solar panels and switching to electric vehicles. Switching to renewables would save the city money and save taxpayers money. It just makes financial sense.

There’s also a related petition to the mayors of all Brevard County cities. Cities contribute about 70% of all energy-related emissions. By getting cities to pledge to convert city operations to 100% renewable energy by 2035 and all city activities by 2050, that would make a big dent in lowering emissions that pollute our air & water.