Electricity Usage
- Thread starter Kimle
- Start date
I have solar and lease, couldn't be more happier...
It cost me O out of pocket....
They say if your elect. bill is $150 / month or more, then solar is a good option.( you will need good credit to lease )
I went with Real Goods Solar, if you are interested give them a call, I reccomend them. Edison rates are always going up, with solar you are locked in.
Again if you bill is over $150 / then solar will reduce your energy cost. They look at your edison bill and see what you use for the entire year, then build you a system that will produce that amount of energy.
In my case I had them build a bigger system, then What i was using. And I am paying the same as before and having more energy to use. Hope this makes sense.
It cost me O out of pocket....
They say if your elect. bill is $150 / month or more, then solar is a good option.( you will need good credit to lease )
I went with Real Goods Solar, if you are interested give them a call, I reccomend them. Edison rates are always going up, with solar you are locked in.
Again if you bill is over $150 / then solar will reduce your energy cost. They look at your edison bill and see what you use for the entire year, then build you a system that will produce that amount of energy.
In my case I had them build a bigger system, then What i was using. And I am paying the same as before and having more energy to use. Hope this makes sense.
Contract is for 20 years....I will be paying them instead sce, and having more elect. to use and having no more rate increases. I also have a buy out clause in 7 years, which I will probably do.
As far as a ball and chain (lol ) I see IT at as selling point ! Buyer will not have a sce payment. And no more rate increases.
As far as a ball and chain (lol ) I see IT at as selling point ! Buyer will not have a sce payment. And no more rate increases.
Keith... so is the contract you have with your solar company transferable during a sale? If so then cool... but let's say 10 years down the road you tried to sell and let's say you didn't buy it out after 7 years. The problem "I can see" is that the technology might be outdated at that point and not as efficient as what would be available at the time. The buyer would have to agree to take over payments on an outdated system for 10 years. Maybe I'm getting to critical? The reason I bring up "my concerns" is that I considered buying a system like this but I had an appraiser come over to look at my place and he said that the bank will not loan money or see much value in these roof solar units. Example: his client paid $50k for a solar unit. The appraiser only gave him $8k added value for it. He said the banks won't approve any more because they have to see an apples to apples appraisal that "SOLD" with a unit on the roof and their really aren't any. Maybe this will change down the road as more people get on board with solar? Anyways, it all makes me nervous. I know if someone pays in cash that's another story...it's piece of mind and a savings but again, you'll never get anywhere close to what you paid for it.
Thoughts?
Thoughts?
