Aug 26, 2013
Here in Oregon the state has a FIT Program (Feed In Tariff) started 3 years ago. Every quarter there is an allotment of 15 year contracts for electricity the price per kilowatt determined by the legislature. The price per kilowatt on our contract with our local power company, PGE, was about $.40/ kWh giving use a return on the solar investment purchase price of 7-8 years. It's a way for the individual to invest in electrical production in comparison to the electrical company investment to increase renewable production. We have a large house with 80 solar panels on the roof. The Leaf requires maybe 12 panels, depending on miles driven,(9000 miles/year). Don't analyze my figures too much I'm mainly generalizing from memory. Thanks for asking.