Be really careful with these solar panel guys. Lots of them are really shady. Particularly those that install the panels for "free" and essentially charge you for using their panels and you are stuck with them on your roof for 25 years and the new buyer must agree to keep them. I had one client come into my office, the solar guy asked him to sign an electronic signature pad under the pretext of needing authorization to go up on the roof. They took his signature and pasted it all over a contract agreeing to install the solar panels. Needless to say they could not explain how all the signatures were identical.So, I am bumping this thread. I have a new home, and the West facing part of the roof is perfect for solar. I do have to see if it affects my home warranty before anything is installed.
I reached out to a company. Because I haven't lived here long enough to get one electric bill, much less the two year average they normally work with, all the homework is on them. They have my location, blueprints, etc. Local rebate is $6K plus the 30% tax break. I'll be in this house at least ten years. The panels they work with are 25 year warranty, as is the labor. I won't get excited until I see numbers. They make it seem as if I can essentially pay for it on day one (payment on panels and install rather than electricity because I'd backfeed). If I had a $100 payment on solar, or a $100 electrical bill...then assuming I paid off the panels in 10 years...would I be getting free electricity? It all seems odd. This is a very early post because I have no numbers, but that last question hangs in my mind. If I could get free power for 15 years (if I stayed here long enough), that is $18K profit before panels need replacement at my $100/mo guess. Maybe the trick is the loan is the length of the panel life.
I'm curious what you would think if you were buying an existing home with panels (under warranty). I'll share numbers when I get them. I'll also talk to a few people near me who have been around a couple of years and see if they don't mind telling me what their electric runs (in case they play with the estimate to make solar look better).
Back to Kilowatt rates, in Northern Nevada, Residential: $0.08913 / kWh (per NV Energy, Nevada's average retail price for all sectors was 45.5 percent lower than California. [another reason to leave the liberal paradise, soon to be the next Venezuela, rant over ]
They will force it on the landlords...just after they finish painting the roads white.I believe I'm paying about $0.25/kwh in Southern California and we're not even a heavy user since we lack air conditioning. Its only going to get more expensive too as the People's Republic of California attempts to force its subjects to reverse global warming all by themselves. Unfortunately, solar is not an option since I rent. As California becomes a majority-renter state, it'll be interesting to see what happens with solar. Someone living in a 3 story apartment doesn't have enough roof space to install a meaningful amount of solar. I guess we'll all just have to bend over, sit in the dark, and sweat like pigs.
If you do decide to go with solar, get 4 quotes and start doing your own research on the solar forums. You dont want to make a mistake.As far as I know, these would be owned by me. Really all guesswork until I see numbers from them. I will watch for that in the paperwork for sure.
with lead paint from Canadajust after they finish painting the roads white.
Currently around $0.16 / kwH for electricity from the grid.Back to Kilowatt rates
I pay $0.19 per kwh here.
Here in my part of Minnesota it's 0.12 KWH, which means my new BI running 24/7 will cost about $6.00 a month. Is this average?