Sunday, December 4, 2011

The Beauty of Green Economics in Sonoma County, California

You have heard or read it all, about how this is the way to go to save the world, haven't you.
After all , it doesn't cost much and will make much better, won't it?

So , here are some facts from the Sonoma County Water Agency!

"While the total cost of all three systems is $15.5M, these projects took advantage of $4.49 M in PG&E rebates. Utilizing a total of 11,272 solar panels, the Agency is able to save an estimated $2.3M off its operational costs over the life of the systems. These three photovoltaic systems are part of the Carbon Free Water by 2015 Program which aims to reduce the Agency’s carbon emissions by 2015."

OK it cost $15.5 million minuse $4.49million in PG&E rebates. leaving it costing about $11 million dollars.  Right?
And it will save us "save an estimated $2.3M off its operational costs over the life of the systems."

So, does it look like we spent $11million dollars to save $2.3million dollars!

Only a civil servant could think this was a good deal!

Breaking it down:
"This system meets all of the energy needs of the administration building during peak production hours. Though the total cost of the system was $3.53M, the Agency was able to take advantage of $1.64M in PG&E rebates. The Agency’s estimated energy savings is $640k through the 25 year lifespan of the system."
Now we spent 1.9 million to save $640thousand.

"Though the total cost of the system was $4.39M, the Agency was able to take advantage of $1.75M in PG&E rebates. The Agency’s estimated energy savings is $583k through the 25 year lifespan of the system."

Now we spent $2.7 million to save $583 thousand!

"Though the total cost of the system was $7.59M, the Agency was able to take advantage of $2.78M in PG&E rebates. The Agency’s estimated energy savings is $1.1M through the 25 year lifespan of the system."

$4/8 million to save $1.1 million.

But interestingly enough, there is no estimate of the cost of maintenance of these systems or the cost or replacement of damaged or stolen panels, is there?

From http://notrickszone.com/2011/07/04/weed-covered-solar-park-20-acres-11-million-only-one-and-half-years-old/

Loeschke_PVSolar_Markranstaedt_201106

Yeah not doubt about it, Solar panels are the way to go, aren't they?

TraderJack