Solar Energy in the Midwest

Posts tagged ‘DTE’

Retired Michigander reports on his solar system.

 
by Mechanical Energy Systems Inc. on Thursday, August 10, 2012 Image

Retired DTE employee in Washington, MI

Income ~ $45,000 annual income

2 persons in home

Installed 5.7 kW solar system May 2010

 

Year one:

  • No energy (gas/electric) bills from May 2010 on
  • Received all income tax back for year 2010 (due to Federal Tax Credit)
  • Received $401 check  from DTE for excess generation

Year two:

  • No energy bills
  • Will not pay income tax in 2011
  • Expects a bigger check back again this year.

Next 20 years:

  • No energy bills
  • Over generation check from utility, annually

ROI

  • With DTE Solar Currents & FTC = 3-4 years
  • Without DTE Solar Currents = 5-6 years

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