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SVTPerformance's Chain of Restaurants
Road Side Pub
Anyone have solar panels??
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<blockquote data-quote="rborden" data-source="post: 16564420" data-attributes="member: 160221"><p>A salesman came out awhile back and threw me a pitch. I was only renting the house I live in, but I was curious anyways so I listened to him. </p><p></p><p>He told me for the solar panels and install it was right around $19K for a 30 kW per day system.</p><p></p><p>By the time you figured in the payment for 20 years on this setup the savings was only like $20 a month off what the actual electric bill is. </p><p></p><p>They were only offering a 10 year warranty of which afterwards the homeowner is responsible for parts and labor. So they basically want you to make payments on something for 20 years but they only cover it for 10 years. </p><p></p><p>Then IF you want Tesla Power Walls it was another $14K installed for 2 batteries which will get you 7 days of continuous power in the event the grid goes down for a 30kW daily usage home. The power company did buy back unused energy but they didn’t want to give a fair price for it (I don’t recall what it was). </p><p></p><p>So after he left I crunched the numbers and decided that doing the payment system was not worth it because of only a $20 per month savings and the 10 years not being covered by the warranty and having to pay parts and labor if something broke or went wrong or failed. </p><p></p><p>Now...IF you can pony up $34K in cash up front or include it in your new home build mortgage, by all means do it. But don’t finance it with payments separately by itself.</p></blockquote><p></p>
[QUOTE="rborden, post: 16564420, member: 160221"] A salesman came out awhile back and threw me a pitch. I was only renting the house I live in, but I was curious anyways so I listened to him. He told me for the solar panels and install it was right around $19K for a 30 kW per day system. By the time you figured in the payment for 20 years on this setup the savings was only like $20 a month off what the actual electric bill is. They were only offering a 10 year warranty of which afterwards the homeowner is responsible for parts and labor. So they basically want you to make payments on something for 20 years but they only cover it for 10 years. Then IF you want Tesla Power Walls it was another $14K installed for 2 batteries which will get you 7 days of continuous power in the event the grid goes down for a 30kW daily usage home. The power company did buy back unused energy but they didn’t want to give a fair price for it (I don’t recall what it was). So after he left I crunched the numbers and decided that doing the payment system was not worth it because of only a $20 per month savings and the 10 years not being covered by the warranty and having to pay parts and labor if something broke or went wrong or failed. Now...IF you can pony up $34K in cash up front or include it in your new home build mortgage, by all means do it. But don’t finance it with payments separately by itself. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Anyone have solar panels??
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