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SVTPerformance's Chain of Restaurants
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Home solar panels
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<blockquote data-quote="RDJ" data-source="post: 16120111" data-attributes="member: 5905"><p>I put in solar in 2012 I got into it at the perfect time since rebates were at a peak. The electric provider was rebating 2.00 per watt and the installer was rebating .50 per watt. initially they wanted to put in a system that would take care of about 70% of my bill. but that left almost half the rebate money on the table. I found out that to double the size of my system would cost me 3k out of pocket so I had them do a redesign. my 10kw system cost 37K. I got 25k back in rebates and another 4k or so in fed tax rebate, which put my cost about 8900 dollars (numbers are rough since I don't have my data sheet in front of me). I had been working overseas for almost 10 years so I had the cash to pay my part. my ROI was estimated to be about 5 years I think I got it in just over 4. again that is an estimate. a personal example: </p><p></p><p>in Aug 2011 with the GF and one dog living in the house (I was in Iraq) my bill was 340.00 keeping the house at 74 during the day and 68 at night. </p><p></p><p> I started researching solar as a result of going to a home and garden show in Austin while I was home in 2012. We turned the system on in July of 2012</p><p></p><p>Aug of 2012 it was me, the GF and one dog and the electric was 240. She was keeping the house about 70 degrees during the day and 65 at night. also by then we were keeping the back door open so the dog could use the doggie door in the storm door to come and go as she pleased. </p><p></p><p>I went back overseas in Jan of 2013 and early that year Texas changed things and we could pick our electric company. I changed to one that had a much better buy back and my electric bill for Aug of 2013 was 50 bucks. as a result of all this I now live in a refrigerator LOL. by and large our electric bill has not been over 50 bucks since. </p><p></p><p>for us, with rebates and all it made more sense to do it than not and I don't regret a single thing we have done. </p><p></p><p>My recommendations for anyone considering doing panels today: </p><p></p><p>1. research research research and when you think you are ready to make a decision research some more. </p><p></p><p>2. Be very wary of leases. A lease ALWAYS favors the leasing company and you need to be very very careful. My personal advice. don't lease. </p><p></p><p>3. if you are going to get solar take a long hard look at your roof if your roof is going to need to be replaced in less than 5 years, do the roof at the same time you put in solar. you will spend 8-9k to have panels removed and replaced when you replace your roof. I didn't do this, and my roof needed to be replaced in 2016 and it cost 8k to have 40 panels taken up, replaced, and the system checked again. I bought a roof with a lifetime transferrable warranty so I wouldn't have to do it again (GAF top of the line)</p><p></p><p>4. make sure you really understand the impact on your family finances. Some people jump in and then find out they have traded one bill for a newer higher bill that they really can't or barely afford. </p><p></p><p>5. if your ROI is not less than 5-6 years it is probably not worth doing. (this is MY opinion based on research I have done) </p><p></p><p>6. if you live in Kommiefornia and are staying in the tier one or two don't bother with solar, most people in kommiefornia get enough solar to gt them out of the higher tiers and down to tier one or two and call it a day. it's a matter of economics. </p><p></p><p>7. get multiple estimates and IMHO stay away from Tesla. they are solar city and solar city has a horrible rep in the business.</p><p></p><p>8. I would highly recommend as part of your research you sign up on solarpaneltalk.com there are some very knowledgeable folks there and you will learn a ton.</p></blockquote><p></p>
[QUOTE="RDJ, post: 16120111, member: 5905"] I put in solar in 2012 I got into it at the perfect time since rebates were at a peak. The electric provider was rebating 2.00 per watt and the installer was rebating .50 per watt. initially they wanted to put in a system that would take care of about 70% of my bill. but that left almost half the rebate money on the table. I found out that to double the size of my system would cost me 3k out of pocket so I had them do a redesign. my 10kw system cost 37K. I got 25k back in rebates and another 4k or so in fed tax rebate, which put my cost about 8900 dollars (numbers are rough since I don't have my data sheet in front of me). I had been working overseas for almost 10 years so I had the cash to pay my part. my ROI was estimated to be about 5 years I think I got it in just over 4. again that is an estimate. a personal example: in Aug 2011 with the GF and one dog living in the house (I was in Iraq) my bill was 340.00 keeping the house at 74 during the day and 68 at night. I started researching solar as a result of going to a home and garden show in Austin while I was home in 2012. We turned the system on in July of 2012 Aug of 2012 it was me, the GF and one dog and the electric was 240. She was keeping the house about 70 degrees during the day and 65 at night. also by then we were keeping the back door open so the dog could use the doggie door in the storm door to come and go as she pleased. I went back overseas in Jan of 2013 and early that year Texas changed things and we could pick our electric company. I changed to one that had a much better buy back and my electric bill for Aug of 2013 was 50 bucks. as a result of all this I now live in a refrigerator LOL. by and large our electric bill has not been over 50 bucks since. for us, with rebates and all it made more sense to do it than not and I don't regret a single thing we have done. My recommendations for anyone considering doing panels today: 1. research research research and when you think you are ready to make a decision research some more. 2. Be very wary of leases. A lease ALWAYS favors the leasing company and you need to be very very careful. My personal advice. don't lease. 3. if you are going to get solar take a long hard look at your roof if your roof is going to need to be replaced in less than 5 years, do the roof at the same time you put in solar. you will spend 8-9k to have panels removed and replaced when you replace your roof. I didn't do this, and my roof needed to be replaced in 2016 and it cost 8k to have 40 panels taken up, replaced, and the system checked again. I bought a roof with a lifetime transferrable warranty so I wouldn't have to do it again (GAF top of the line) 4. make sure you really understand the impact on your family finances. Some people jump in and then find out they have traded one bill for a newer higher bill that they really can't or barely afford. 5. if your ROI is not less than 5-6 years it is probably not worth doing. (this is MY opinion based on research I have done) 6. if you live in Kommiefornia and are staying in the tier one or two don't bother with solar, most people in kommiefornia get enough solar to gt them out of the higher tiers and down to tier one or two and call it a day. it's a matter of economics. 7. get multiple estimates and IMHO stay away from Tesla. they are solar city and solar city has a horrible rep in the business. 8. I would highly recommend as part of your research you sign up on solarpaneltalk.com there are some very knowledgeable folks there and you will learn a ton. [/QUOTE]
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