Sort by ROI / Payback / Financial Benefit  ·   Sort by Environmental / Carbon Footprint

SUR Energy - Product Comparison Chart

Below is a comprehensive listing of Solar Electric Photovoltaic PV, Wind Electric, Solar Hot Air, and Solar Hot Water products and notes that will help you find the product that best meets your needs. Read more about Incentives.






 
 
  Solar Electric Back to top
Technology Type SUR Energy Installs Financial Benefit Reduction of Carbon Footprint Backup Power Economies of Scale
Solar Electric PV Grid-tied without batteries, smaller then 10kW; typical residential size 4-6kW) X Medium to Good
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Carbon footprint improvement better than a hybrid car
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None Medium
Solar Electric PV Grid-tied without batteries, greater than 10kW  X

 

Up to about 20kW payback improves with size then increases more slowly

Compared to other RE technologies PV is middle of the road. None Medium
Solar Electric Photovoltaic "PV" Grid-tied with batteries X Payback is not as good as most other choices Medium per dollar carbon savings.
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Yes Poor
Solar Electric "Off Grid" (no utility connection) with batteries X If savings on utlity interconnect is significant enough (for remote locations such as cabins), substantial savings
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Excellent
(depending on supplemental generator/fuel)
Yes
(in Michigan off grid systems require both solar and wind for year round power)
Poor
(if entire system expanded, including batteries);
Good
(if only PV grows)
Solar Electric with shade trees X Shade greatly reduces PV performance; we measure shade on initial site visits
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Expensive technology without fuel
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None N/A
 
  Wind Electric Back to top
Technology Type SUR Energy Installs Financial Benefit Reduction of Carbon Footprint Backup Power Economies of Scale
Wind Electric Grid-tied without batteries - class 2 winds, less than 30' diameter  X Poor to Medium
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Middle of the road
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None Excellent
(expense rises linearly and production exponentially!)
Wind Electric Grid-tied without batteries - class 3 or better winds, less than 30' diameter X All of the benefits of wind power increase with FAST winds
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Good wind make for lots of clean energy None Excellent
Wind Electric Grid-tied without batteries - class 2 winds, greater than 30' diameter X Mediocre Better None Excellent
Wind Electric Grid-tied without batteries - class 3 or better winds, greater than 30' diameter X Excellent Best- Highest reduction per $ spent None Excellent
Wind Electric Grid-tied with batteries X Backup power adds expense
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Complexity adds materials but not energy production Yes
(systems with batteries have backup power capabilities)
Poor
(if entire system expanded , including batteries);
Good
(if only larger turbine installed)
Wind Electric "Off Grid" with batteries X Saving thousands on utility interconnect helps payback at remote sites such as cabins Improved investment if savings on utility interconnect is significant enough Yes
(in Michigan off grid systems require both solar and wind for year round power)
N/A
Wind Electric Systems: Utility Scale No Top investment- all renewable technologies
(assumes good winds)
Excellent way to spend embodied energy No
(almost never have batteries or stored power)
N/A
Vertical axis wind turbines or turbines with high solidity Never will
(high solidity)
Negative benefit for high solidity, maybe for low solidity vertical
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Negative benefit for high solidity, could get something out of a good vertical None

Terrible
(for high solidity)
 
  Solar Hot Water Back to top
Technology Type SUR Energy Installs Financial Benefit Reduction of Carbon Footprint Backup Power Economies of Scale
Solar Hot Water with good load matching X Excellent for many residential locations- especially with non-natural gas water heaters Great benefit for natural gas; Even better if the hot water heater is electric/propane Can use hot water system with solar electric pump for off grid house Good
Solar Hot Water with small loads (not much hot water is used) X Investing in capacity without load Ok
(consider PV if this is a priority)
N/A Poor
Solar Hot Water with heat for house X Payback for initial investment not as good as solar hot water Decent environmental benefits but not as good as others No

Poor
(Rule of thumb: not  less than 70% of heat)
Solar Hot Water with shade If not too much Could be Ok if shade is minimal. Not as detrimental as for PV. Decent benefit if the shade is not too extensive N/A Can oversize a drainback to make up for shade
 
  Solar Hot Air Back to top
Technology Type SUR Energy Installs Financial Benefit Reduction of Carbon Footprint Backup Power Economies of Scale
Solar Hot Air to heat house No Poor payback unless very inexpensive Some benefit but better options available for most N/A unknown
Solar Hot Air for heat and hot water No We prefer standard solar hot water for this.
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Could be OK if system works well, good if replacing electric hot water heater N/A unknown

Each of the technologies mentioned in the chart has a focused write-up elsewhere on this website. The information below pertains to how each of the technologies compares one to the other, and why.

  • The Financials of Renewable Energy
  • PV Payback
  • Wind Power Payback
  • Solar Hot Water Payback
  • Environmental / Carbon Footprint
  • Economies of Scale



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    The Financials of Renewable Energy

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    Simple Payback- "The length of time it takes to recover the costs of an investment." (Investopedia)
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    We offer to help our customers understand how long it will take for their renewable energy system to pay itself off and what rate of return on the investment they will receive over the life of the system.  Using today's numbers keeps the calculations conservative (more on this in the next paragraph). Every proposal we do here at SUR Energy comes with a payback analysis of that particular system and takes into account site specific variables such as shading, site elevation, roof pitch, equipment efficiencies, etc.
    Simple payback does not take into account rising energy costs and other variables such as environmental regulations.  Payback depends partially on how increasing energy costs will compare to overall inflation; for example, if electricity rates increase faster then income increases, then a solar array will pay itself off faster then originally calculated.  If past energy costs and the rate at which they have increased is projected into the future and used as a prediction tool, a more educated decision can be made.  We include energy inflation rates with every one of our payback anaylsis.  Please note that payback can change by orders of magnitude with changing government and utility regulations, rules, and incentives, as well as from changing (almost always decreasing) renewable energy equipment and installation costs.

    As far as individual technologies there are many things that interact to affect the payback situation. We have taken the most important ones and made them a part of the divisions of the technologies in the column on the left in the product comparison chart above.

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    PV Payback

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    For solar electric (PV) taking into account energy production over time most systems will pay themselves off in 9-17 years with the 30% Federal tax break (expires in 2016) and selling Solar Renewable Energy Credits into the marketplace.  The systems we install will last much longer then this; we are currently installing solar panels (modules) that have a 30 year performance warranty.  PV payback also gets help from economies of scale as the installed cost per Watt drops fast as system size increases, then tapers off with larger arrays over 100kW.
    The addition of batteries to a system extends the payback time significantly, but offers backup power during outages.  Having the batteries in the circuit makes the system about 3-5% less efficient then its straight grid-tied without batteries PV counterpart, and the batteries and associated complexity of installation add greatly to the cost (usually double the cost of the installation).  Therefore, if payback is more important then backup power we recommend straight grid-tied systems for wind and solar electric.  For other buyers, the batteries are well worth the expense and slight loss in efficiency.

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    Wind Power Payback

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    Wind power payback varies considerably.  The most important single variable is average annual wind speed at the top of the turbine tower.  If someone has a good site they can generate lots of energy and get a good financial return.  However, if the winds are slower, such as a "Class 1" or "Class 2" as is a good portion of Michigan they will see little electricity from the turbine and 40 year + paybacks.
    If a well designed wind turbine is put on a 100 foot tall tower in mid Class 3 winds then payback periods are going to be in the 20 year range for 10kW turbines, and in the 35 year range for smaller 2.5kW turbines.  This is highly dependent on the foundation needed, tower height and type, etc. etc.

    Wind turbine payback is also affected by economies of scale.

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    Solar Hot Water Payback

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    The shortest payback for any renewable energy system in southern Michigan is with a solar hot water system.  Systems with a good non-shaded site will pay themselves off in 6-10 years with the current Federal tax credit (ends Dec 31, 2016).  The payback is even faster if the home has a electric or propane fired hot water heater.
    Heat is transferred directly from the suns energy by directly warming the fluid (a water/antifreeze mix) through highly efficient roof or ground mounted collectors.  Compared to other renewable energy technologies the collectors do well because they gather energy rather then convert it from one form to another.  For this reason they avoid inefficiencies that are inescapable with solar electric and wind which have energy conversion losses (the motion of the wind to a rotary shaft to a generator to a inverter, for example). 
    One drawback of solar hot water systems compared to grid-tied solar electric systems is that in order to be a good investment, energy generation has to match loads well.  What this means is that if a large solar hot water system is installed and only a small amount of hot water is used daily, then the excess gathered energy is lost.  In the case of grid tied solar or wind the electrical grid itself absorbs any excess generated energy (and the owner is compensated for the sold electricity via Netmetering) and none is lost.

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    Environmental/ Carbon Footprint

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    View "A Convenient SUR Truth" Slideshow
    Carbon footprint and environmental benefit do not coincide one to one with other factors such as payback. The biggest difference is that much of the heat we use comes from natural gas, which is a much cleaner fuel than the coal burned to generate the majority of our electricity. Therefore, offsetting a kilowatt hour of heat in a hot water system is offsetting less carbon than that offset by generating a kilowatt with PV or windpower. When compared dollar per dollar we usually consider the three technologies pretty close for carbon offset.

    Another detail we look at to help people make informed decisions about carbon reduction is their habits and usage. If a property owner is doing a lot of water conservation and doesn't use much hot water, putting in a solar hot water system for them won't offset much carbon emission. On the other hand, if they have the opportunity to add more money to the budget and get a PV or wind system they are likely to- dollar for dollar- offset more carbon. Even though the expense may be double the cost of a solar hot water system the investment will be much more than twice as effective at achieving their goal of a smaller carbon footprint.

    A note on batteries used for renewable energy: Many environmentalists worry about the use of lead-acid batteries and their effect on the environment. We like to remind folks that the large batteries used for renewable energy systems are about 99% recycled at the end of their life. The real harm they do with carbon footprint is to divert funds away from generation. If you can purchase more solar electric panels or a bigger wind turbine for not having purchased the batteries then your carbon footprint is that much smaller. In some cases batteries and the associated hardware may add 50% or more to the cost of the system.

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    Economies of Scale

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    Wind power beats them all on this factor. As mentioned above the limiting factor for PV is the cost of the photovoltaic material itself. It has a floor for cost that currently is hit pretty quickly as the system size grows. Labor and other balance of system costs go down in a fashion more like other products, but the PV just costs too much to make.
    Wind power offers by far the best economy of scale compared to the other renewable energy technologies (exempting perhaps hydroelectric), more about that below.  As mentioned above the limiting factor for PV is the cost of the photovoltaic material itself.  It has a cost floor that currently is reached quickly as the system size grows (this is primarily for business and municipal customers, any homeowner sized system will be too small to reach the cost floor).  PV manufacturers operate with very small margins and do not have much room to offer price breaks for quantity purchases.  Labor and other balance of system costs go down as an installation gets larger like they do for other projects, but the cost of the PV stays about the same.
    Solar hot water systems are load matching (remember, you can't produce hot water for later like with PV batteries or sell it back into the grid) so the size is typically limited by the typical summer heat load (demand for hot water in the home/business).  Otherwise, economies of scale are quite good; the bigger the system the less it costs per unit of energy.
    Wind power has a special advantage that is not shared by any other renewable energy technology.  A simple way of thinking about this is the cost of manufacturing the turbines tends to go up in a linear fashion based on the weight of the equipment.  The amount of energy generated by the turbine goes up exponentially based on the swept area of the rotor, which follows the formula of PI r squared.  This means you multiply the length of one of the blades into the energy formula twice.  For example, when the swept area of a turbine goes from being 9 meters in diameter to 10 meters the area of the rotor doubles, but the weight of the turbine has changed very little and does not cost anywhere near twice as much to manufacture.  This is one of the reasons utility scale wind power is becoming so widely used (and not as much solar).  We have been able to make a old technology bigger.
    The other factor for wind power economy of scale is tower height.  As you move the turbine higher and higher into the air the wind tends to blow faster depending on the topology and turbulence in the ground and trees.  Installing large turbines on taller towers are the reasons that large scale wind turbines are able to compete effectively with fossil fuel generators.