solar panels generating electricity
How many dollars is 1-kilowatt, in relation to electricity made by a solar panel?
Think of a solar panel. How much money it receives from a power company (and this is if you are generating more than the maximum needs of the house is the provision of) the group would make about of 1 watt? (hypothetically)
My electric rates are 8.52 cents ($ 0.0852) per kilowatt hour. That is 1,000 watt-hours. This means that you can use 1 watt for 1000 hours 8.52 cents, or 1 watt for 1 hour at 8.52 / 1,000 cents = $ 0.0000852. For every hour that sent 1 watt of power back to the company that receives $ 0.0000852. Is likely to take 3 or 4 years to earn $ 1 worth taking into account the night and clouds. But that's what we pay for electricity. Usually pay less than that to buy electricity back from you.
