07-26-2022, 04:33 PM | #23 | |
Major
394
Rep 1,011
Posts
Drives: 2007 Z4 M Coupe 2012 e93 M3
Join Date: Sep 2008
Location: Bay Area, CA
|
Quote:
He is getting credits for excess power produced. This is what they called Net Mettering in Solar Industry. Net Mettering is vary greatly from State to State and the Ultilities Companies and their lobbyists are trying to getting rid of it. Here in California, the owners would get credits for the excess energies based the time of generated (Time of Use rate). For instance, I would get a credit of $0.56 for energy produced during Peak Time and pay PG&E $$0.25 for Energy consumed during Off Peak Time. |
|
Appreciate
0
|
07-26-2022, 04:42 PM | #24 | |
Major
1058
Rep 1,268
Posts |
Quote:
|
|
Appreciate
0
|
07-26-2022, 04:42 PM | #25 | |
Lieutenant
1594
Rep 402
Posts |
Quote:
|
|
Appreciate
0
|
07-26-2022, 04:45 PM | #26 | |
Major
1058
Rep 1,268
Posts |
Quote:
|
|
Appreciate
1
vreihen1620781.50 |
07-26-2022, 04:52 PM | #27 |
Lieutenant
1018
Rep 602
Posts |
That is a good point above. Don’t put them on an old roof otherwise will be an expensive uninstall/reinstall exercise down the line. Also I needed an updated electrical panel to have them installed so that’s another potential expense to consider.
I figure payback was 5yrs. For next 15yrs let’s say I save just $1K/yr (even though I’m currently saving $2K/yr) due to panels growing less efficient (conservative assumption) and not accounting for power prices going up (also conservative). That’s $15K. I don’t think disposal cost will offset that benefit. And anyways I’m probably out of the house by then so it’s someone else’s problem. |
Appreciate
0
|
07-26-2022, 04:56 PM | #28 | |
Major
394
Rep 1,011
Posts
Drives: 2007 Z4 M Coupe 2012 e93 M3
Join Date: Sep 2008
Location: Bay Area, CA
|
Quote:
Go check out warranty information from LG, Panasonic, Sunpower, Silfab, REC,etc...these are more reputable Solar Panels Manufacturers. We could debate whether they will be in business 25 years from now to to honor their warranties but that what they are offering🤣 I know many many early Solar adapter in Northern California and their Solar panels are still chugging along. Don't get me wrong, Solar panels are not for the masses! It is probably make sense to swtich for less than 5% of USA households (just like EV). |
|
Appreciate
0
|
07-26-2022, 04:59 PM | #29 | |
Colonel
5964
Rep 2,022
Posts |
Quote:
All that to say my partner who has a background in finance absolutely refuses to do leases which is what it seems you are looking at. I could not tell you the specifics of why, I just know he is morally opposed to offering solar leases. So watch out for those. As for none leases it basically boils down to the system will typically pay for itself in X years. Depending on price, how much power it offsets, your power rates, loan vs cash etc the payoff time changes. Another thing to consider, at least here in FL, they will show you a low rate for finance say 1.9%. However what they don't tell you is if you choose finance there is usually a "dealer fee" of around 25% charged by the finance company up front. So your cost for cash will be significantly less than the financed cost. You are essentially buying down that lower rate. You also want a relatively new roof as the systems are usually warrantied for around 25 years. We will typically not install on roofs over 5 years old. As a rental, I'm not sure it would make much sense for you. |
|
Appreciate
1
leopard print1594.00 |
07-26-2022, 05:05 PM | #30 | |
Colonel
5964
Rep 2,022
Posts |
Quote:
The power generated by the solar system never actually powers anything in your home. It actually goes to the grid and you get credit for it. Your home still technically runs off the grid power. This is why even if you have solar if the power is out you will not have power unless you opt for a battery pack also. |
|
Appreciate
0
|
07-26-2022, 05:07 PM | #31 | |
Lieutenant
1594
Rep 402
Posts |
Quote:
|
|
Appreciate
0
|
07-26-2022, 05:24 PM | #32 | |
Captain
3905
Rep 1,003
Posts |
Quote:
|
|
Appreciate
0
|
07-26-2022, 05:36 PM | #33 | |
Colonel
5964
Rep 2,022
Posts |
Quote:
I don't know about other states, but here in FL FPL charges a $25 connection fee (raised recently from like $8) so even if you managed to offset all your power all the time (unlikely) you would still have to pay FPL $25. |
|
Appreciate
1
vreihen1620781.50 |
07-26-2022, 05:54 PM | #34 | |
Major
394
Rep 1,011
Posts
Drives: 2007 Z4 M Coupe 2012 e93 M3
Join Date: Sep 2008
Location: Bay Area, CA
|
Quote:
Solar Panels customers are still paying connection fee. On top of that, we are still paying Transmission and Distribution fees when we are using grid power during off peak. Technically, Resident Solar Panels are helping the Ultilities companies during high Peak usages! Here in California, they usually ask people to shuttting down pretty much everything because the Grid can't handle the demands. |
|
Appreciate
0
|
07-26-2022, 05:56 PM | #35 |
Colonel
12269
Rep 2,721
Posts |
Just to add my 2 cents. Make sure you go with a very very reputable company with lots of reviews. A company you don't think is going to go belly up and leave you with a crappy solar setup. It happens here in FL.
|
Appreciate
1
leopard print1594.00 |
07-26-2022, 06:42 PM | #36 |
Lieutenant
1594
Rep 402
Posts |
Just an update for anyone who is interested.
The rep just got back to me but couldn't provide any documentation on terminating the contract and said I didn't need to worry because he always keeps his word. I was going to decline his services anyways but used him not being able to provide that in contract form as the reason. He then goes into his talking points again about how solar is the greatest thing ever, how great he is at his job, and how amazing the incentive is. I decline again and he tries to make it sound like I'm making a terrible decision. End call. |
07-26-2022, 08:15 PM | #37 | |
Captain
3905
Rep 1,003
Posts |
Quote:
|
|
Appreciate
0
|
07-26-2022, 08:18 PM | #38 | |
Captain
3905
Rep 1,003
Posts |
Quote:
The connection fee doesn’t come close to the system fixed cost in almost all cases. You can read rate case filings to get a better picture of the costs (look for the cost of service and rate class allocations) in your utility’s case. |
|
Appreciate
0
|
07-26-2022, 08:59 PM | #39 | |
Colonel
5964
Rep 2,022
Posts |
Quote:
Fixed charge we have a connection fee, you still pay for energy taken from the grid as you would normally and its reduced/credited by what you put back. So the only difference seems to be the actual dollar amounts you think someone with solar should be paying or being credited. Plus like you said not all places offer 1:1 credit so in some places it's even closer to what you describe where the power you are being credited for is being credited at a discount aka "wholesale". |
|
Appreciate
0
|
07-26-2022, 09:30 PM | #40 |
Major General
968
Rep 5,555
Posts |
I bought a house with 2 solar systems. Didn't really add any value, but it was a nice bonus and I don't have electric bill now. I actually get paid a little.
The reason why it didn't add any value, the owner didn't clearly provide info on systems and it was pretty confusing. People are afraid to buy houses with solar because many lease systems and it hurts resale. Last edited by Kolyan2k; 07-26-2022 at 09:35 PM.. |
Appreciate
0
|
07-26-2022, 10:03 PM | #41 | |
Private First Class
116
Rep 118
Posts |
Quote:
There is something to be said for living in a consumer friendly state. |
|
Appreciate
0
|
07-27-2022, 01:49 AM | #42 | |
Major
1805
Rep 1,011
Posts |
Quote:
It's the "good old boy" network in full force because of the oil and gas network here. |
|
Appreciate
0
|
07-27-2022, 05:16 PM | #43 | |
Major
1058
Rep 1,268
Posts |
Quote:
If your output efficiency drop 10% or 15% in 25 yrs and you starting at 44% (which is 100% efficiency output for that cell) then you lost 25% of its ability to generate power, now if you start at 25% and lose 10% to 15% you power output is half of what it was. All the manufacturer or sales companies are warranting is panel it will not drop more than 10% or 15% from their starting point they never tell you the starting point which most people do not understand. Also notice the flatness of lines of most of the technologies, those are the ones in mass production others with steep curves are not product or if they are not widely use, there is nothing on the horizon to the efficiencies up. Notice how sunpower did not properly label their chart or left out the title the next chart is the real chart they are showing you, This is the actual chart to look at it the actual output efficiency of the solar cell technology notice that Sunpower is on this chart with their technology which is in the middle of the pack. Also notice this is the best they can do in a lab, real world is far less since you have other factors reducing the output of the panel on any given day. Sorry the image is so large, could not find a more recent one which was smaller. |
|
Appreciate
1
2000cs3905.00 |
07-27-2022, 05:30 PM | #44 | |
Major
1058
Rep 1,268
Posts |
Quote:
The reason Calif is in trouble and asking people to turn off things during peek load, they are shutting down the power plans. Your last Nuclear plants goes offline this year if I am not mistaken. At the least the idiots on our state PA realize what is happening in CA and decide not to turn off one of our Nuclear plants last year. We have 3 of them and they supply most our power in the state along with older Coal/LPN plants yes we have windmills and solar farms but most time the windmills are not turning for lots of various reason and we are state with lots of cloud cover. |
|
Appreciate
0
|
Post Reply |
Bookmarks |
Thread Tools | Search this Thread |
|
|