Re: Full Solo plusses or Negatives
[Re: 330-Trapper]
#7624457
07/11/22 05:40 PM
07/11/22 05:40 PM
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Joined: Jan 2020
Posts: 4,964 Aliceville, Kansas 43
Yukon John
trapper
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trapper
Joined: Jan 2020
Posts: 4,964
Aliceville, Kansas 43
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What company? Just talked to Solar Pals a couple weeks ago....seemed like it was kinda a wash with the guaranteed longevity/cost savings. Although if they outlast that, and electric goes up exponentially, they would probably be worth it. We just didn't pull the trigger.
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Re: Full Solo plusses or Negatives
[Re: Yukon John]
#7624465
07/11/22 05:48 PM
07/11/22 05:48 PM
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Joined: Dec 2006
Posts: 63,494 Minnesota
330-Trapper
OP
trapper
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OP
trapper
Joined: Dec 2006
Posts: 63,494
Minnesota
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What company? Just talked to Solar Pals a couple weeks ago....seemed like it was kinda a wash with the guaranteed longevity/cost savings. Although if they outlast that, and electric goes up exponentially, they would probably be worth it. We just didn't pull the trigger. Wolf River Co. 25yr. Loan $290 a month 8 months over production Nov., Dec, Jan, Feb. Under production 25 year Bumper to bumper installation and Warranty 8 mo. Should get a check or credit back from ECE For overproduction
NRA and NTA Life Member www.BackroadsRevised@etsy.com
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Re: Full Solo plusses or Negatives
[Re: 330-Trapper]
#7624467
07/11/22 05:51 PM
07/11/22 05:51 PM
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Joined: Sep 2015
Posts: 2,539 NW Illinois
Kevin Stake
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trapper
Joined: Sep 2015
Posts: 2,539
NW Illinois
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I wouldn’t put anything on my roof. No way I would pay that much money for something that might save you money.
It is more blessed to give than to receive
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Re: Full Solo plusses or Negatives
[Re: 330-Trapper]
#7624469
07/11/22 05:53 PM
07/11/22 05:53 PM
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Joined: Jan 2007
Posts: 3,960 Northern Nevada
Bob
trapper
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trapper
Joined: Jan 2007
Posts: 3,960
Northern Nevada
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When you’re doing the math don’t forget to do some checking and see if you get some tax breaks from the state or federal gov for putting it in, I think there are some significant savings to be had there
"I have two guns, one for each of ya."
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Re: Full Solo plusses or Negatives
[Re: 330-Trapper]
#7624477
07/11/22 06:00 PM
07/11/22 06:00 PM
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Joined: Mar 2019
Posts: 1,497 Southern NJ
maintenanceguy
trapper
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trapper
Joined: Mar 2019
Posts: 1,497
Southern NJ
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It's the incentives from the electric utilities or directly from the states that make it financially possible. But, those programs are always subject to change. We did two big solar fields at work 10 years ago. At the time, SRECS were trading at $600. We did a very conservative calculation at $300 thinking they might go down someday. As soon as we turned the panels on, SRECS dropped to $150. We will probably break even.
One common way to install solar is with a power purchase agreement. Somebody else owns the panels, they worry about maintenance, and they pay you a fee every month for having them on your property. The problem is that this makes things very complicated if you plan to sell your home in the next 25 years. Part of the improvements on your property isn't yours and the power purchase company has to approve letting the new owners take over the lease and they hold all the cards in negotiating because the panels are already there.
-Ryan
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Re: Full Solo plusses or Negatives
[Re: 330-Trapper]
#7624480
07/11/22 06:04 PM
07/11/22 06:04 PM
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Joined: Jan 2020
Posts: 4,964 Aliceville, Kansas 43
Yukon John
trapper
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trapper
Joined: Jan 2020
Posts: 4,964
Aliceville, Kansas 43
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Federal tax credit, cant remember the percentage, but the guy told me it would be 14K the system was gonna cost 75K. Problem is, you cannot forget to forward that to the lender, cause the TC was negated from the loan.
Last edited by Yukon John; 07/11/22 06:07 PM.
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Re: Full Solo plusses or Negatives
[Re: 330-Trapper]
#7624513
07/11/22 07:23 PM
07/11/22 07:23 PM
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Joined: Apr 2012
Posts: 3,020 new york
mike mason
trapper
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trapper
Joined: Apr 2012
Posts: 3,020
new york
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What is your monthly bill ? $339. Average 330, my electric bill is approx $125/month with area light.
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