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Solar City / Solar Panels - Anyone? #4476499
08/01/17 12:45 PM
08/01/17 12:45 PM
Joined: Feb 2005
Posts: 794
Scituate MA
coopns Offline OP
coopns  Offline OP
Joined: Feb 2005
Posts: 794
Scituate MA
In MA. Considering solar panels from Solar City on garage and back of the house (can't do the front - Cape and my lord it would cover the entire front roof).

After doing the numbers, looks like it would be a bill swap with National Grid.

Solar City deal: 20 years and would not increase monthly -lock in at this rate. 20 Year loan bugs me a bit but again, even swap and ...well be nice in 20 years! They would be paid off and no electric bill. 99% sure will be her in 20. My concern a bit is will they come up with something more attractive/efficient and a better deal...I think yes but again, my panels will be on back of house which no one can see and small garage that is set back in yard.

Anyone have them, pros / cons.


Coop
Re: Solar City / Solar Panels - Anyone? [Re: coopns] #4476504
08/01/17 12:52 PM
08/01/17 12:52 PM
Joined: Mar 2004
Posts: 20,754
Upstate NY
Donald Online content
Donald  Online Content
Joined: Mar 2004
Posts: 20,754
Upstate NY
Have you looked into buying a share of a solar panel field? I believe they do that.

Solar panels on your roof can be ugly. And unless the roof is new what happens if the roof need replacement?

They are installing something like 500,000 panels a day world wide and I would bet a low percentage are on people's roofs.


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Re: Solar City / Solar Panels - Anyone? [Re: coopns] #4476524
08/01/17 01:21 PM
08/01/17 01:21 PM
Joined: Oct 2014
Posts: 3,895
Utah
CKN Online content
CKN  Online Content
Joined: Oct 2014
Posts: 3,895
Utah
Originally Posted By: coopns
In MA. Considering solar panels from Solar City on garage and back of the house (can't do the front - Cape and my lord it would cover the entire front roof).

After doing the numbers, looks like it would be a bill swap with National Grid.

Solar City deal: 20 years and would not increase monthly -lock in at this rate. 20 Year loan bugs me a bit but again, even swap and ...well be nice in 20 years! They would be paid off and no electric bill. 99% sure will be her in 20. My concern a bit is will they come up with something more attractive/efficient and a better deal...I think yes but again, my panels will be on back of house which no one can see and small garage that is set back in yard.

Anyone have them, pros / cons.


There are now solar roof tiles that look like a tile roof that would probably be allowed on your house.
https://www.tesla.com/solarroof

The Solar Sales guys also don't talk about the loss of the efficiency of the panels as the years pile on. Is your existing roof good for 20 years? If not-the panels would need to be removed for your residence to have a new roof installed. If you went with the tiles-assuming the tiles stopped producing electricity at all-you would still have a viable roof!

Finally-we have found in Utah buyers do not wish to assume a solar loan/lease deal if the home is resold prior to the lease terms ending. We have also found the the solar panel values are NOT PERCEIVED by potential buyers as it is by a bank's appraiser-leading to issues.

Last edited by CKN; 08/01/17 01:25 PM.
Re: Solar City / Solar Panels - Anyone? [Re: coopns] #4476531
08/01/17 01:30 PM
08/01/17 01:30 PM
Joined: Jun 2003
Posts: 17,345
Deplorable in apple valley, ca
Chris142 Online content
Chris142  Online Content
Joined: Jun 2003
Posts: 17,345
Deplorable in apple valley, ca
Stay far away from solar city!


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Re: Solar City / Solar Panels - Anyone? [Re: Chris142] #4476543
08/01/17 01:39 PM
08/01/17 01:39 PM
Joined: Oct 2014
Posts: 3,895
Utah
CKN Online content
CKN  Online Content
Joined: Oct 2014
Posts: 3,895
Utah
Originally Posted By: Chris142
Stay far away from solar city!



They are the largest company that installs solar panels. Personally-beyond that I know very little about them. Are you going to "hit and run" with your statement or provide some information?

Re: Solar City / Solar Panels - Anyone? [Re: CKN] #4476553
08/01/17 01:46 PM
08/01/17 01:46 PM
Joined: Apr 2008
Posts: 37,108
Ontario, Canada
OVERKILL Online content
OVERKILL  Online Content
Joined: Apr 2008
Posts: 37,108
Ontario, Canada
Originally Posted By: CKN
Originally Posted By: coopns
In MA. Considering solar panels from Solar City on garage and back of the house (can't do the front - Cape and my lord it would cover the entire front roof).

After doing the numbers, looks like it would be a bill swap with National Grid.

Solar City deal: 20 years and would not increase monthly -lock in at this rate. 20 Year loan bugs me a bit but again, even swap and ...well be nice in 20 years! They would be paid off and no electric bill. 99% sure will be her in 20. My concern a bit is will they come up with something more attractive/efficient and a better deal...I think yes but again, my panels will be on back of house which no one can see and small garage that is set back in yard.

Anyone have them, pros / cons.


There are now solar roof tiles that look like a tile roof that would probably be allowed on your house.
https://www.tesla.com/solarroof

The Solar Sales guys also don't talk about the loss of the efficiency of the panels as the years pile on. Is your existing roof good for 20 years? If not-the panels would need to be removed for your residence to have a new roof installed. If you went with the tiles-assuming the tiles stopped producing electricity at all-you would still have a viable roof!

Finally-we have found in Utah buyers do not wish to assume a solar loan/lease deal if the home is resold prior to the lease terms ending. We have also found the the solar panel values are NOT PERCEIVED by potential buyers as it is by a bank's appraiser-leading to issues.


The roofing tiles require an upfront cost of north of $50K for the average American home (more for Canadians). So either you have a ton of capital that you for some reason don't have tied up in investments or you are willing to carry a note on them for a set duration in hopes that the generation and eventual profit outdoes what you've paid in interest.


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Re: Solar City / Solar Panels - Anyone? [Re: CKN] #4476559
08/01/17 01:50 PM
08/01/17 01:50 PM
Joined: Jun 2003
Posts: 17,345
Deplorable in apple valley, ca
Chris142 Online content
Chris142  Online Content
Joined: Jun 2003
Posts: 17,345
Deplorable in apple valley, ca
Originally Posted By: CKN
Originally Posted By: Chris142
Stay far away from solar city!



They are the largest company that installs solar panels. Personally-beyond that I know very little about them. Are you going to "hit and run" with your statement or provide some information?
they dont tell you everything you need to know. Plus they put a $30k~ lein on your house.

We had a sales man from solar city out and when my brother asked about that the guy packed his bags,called us names got in his car and peeled out lol.

Plus they dont do ground mounts


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Re: Solar City / Solar Panels - Anyone? [Re: coopns] #4476565
08/01/17 02:00 PM
08/01/17 02:00 PM
Joined: Dec 2006
Posts: 7,641
Toronto, Canada
KrisZ Online happy
KrisZ  Online Happy
Joined: Dec 2006
Posts: 7,641
Toronto, Canada
If one is looking at this as "after 20 years of paying off the loan, the energy will be free", than I think it's probably the worst approach. The reality will be more likely that after 20 years the cells will need to be replaced.

The question should be, how many years does it take for the panels to pay for themselves? And the answer better be less than 10 years, preferably 5 in order for this venture to be worth while.


2015 Dodge Grand Caravan-27k miles.
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Re: Solar City / Solar Panels - Anyone? [Re: coopns] #4476566
08/01/17 02:03 PM
08/01/17 02:03 PM
Joined: Jun 2014
Posts: 2,443
Phoenix, Arizona - USA
SirTanon Offline
SirTanon  Offline
Joined: Jun 2014
Posts: 2,443
Phoenix, Arizona - USA
While I can't speak for Solar City in MA, I can tell you that here in Arizona, Solar City has an 'iffy' reputation, at best.

Also: Consumer Affairs page on Solar City

I held off getting solar on my house for a while, and looked at a lot of different companies. Ultimately, when I did get solar installed, I went with a different company, and not Solar City (mainly due to their less-than-impressive overall ratings).

If you do decide to pull the trigger on solar, make SURE you do your homework. Biggest company does not necessarily mean best.


2010 Ford Fusion SE - 2.5 liter/6F35 Trans - 261,000mi
2014 Nissan Altima SL - 2.5 liter/CVT - 56,000mi
Re: Solar City / Solar Panels - Anyone? [Re: OVERKILL] #4476576
08/01/17 02:14 PM
08/01/17 02:14 PM
Joined: Oct 2014
Posts: 3,895
Utah
CKN Online content
CKN  Online Content
Joined: Oct 2014
Posts: 3,895
Utah
Originally Posted By: OVERKILL
Originally Posted By: CKN
Originally Posted By: coopns
In MA. Considering solar panels from Solar City on garage and back of the house (can't do the front - Cape and my lord it would cover the entire front roof).

After doing the numbers, looks like it would be a bill swap with National Grid.

Solar City deal: 20 years and would not increase monthly -lock in at this rate. 20 Year loan bugs me a bit but again, even swap and ...well be nice in 20 years! They would be paid off and no electric bill. 99% sure will be her in 20. My concern a bit is will they come up with something more attractive/efficient and a better deal...I think yes but again, my panels will be on back of house which no one can see and small garage that is set back in yard.

Anyone have them, pros / cons.


There are now solar roof tiles that look like a tile roof that would probably be allowed on your house.
https://www.tesla.com/solarroof

The Solar Sales guys also don't talk about the loss of the efficiency of the panels as the years pile on. Is your existing roof good for 20 years? If not-the panels would need to be removed for your residence to have a new roof installed. If you went with the tiles-assuming the tiles stopped producing electricity at all-you would still have a viable roof!

Finally-we have found in Utah buyers do not wish to assume a solar loan/lease deal if the home is resold prior to the lease terms ending. We have also found the the solar panel values are NOT PERCEIVED by potential buyers as it is by a bank's appraiser-leading to issues.


The roofing tiles require an upfront cost of north of $50K for the average American home (more for Canadians). So either you have a ton of capital that you for some reason don't have tied up in investments or you are willing to carry a note on them for a set duration in hopes that the generation and eventual profit outdoes what you've paid in interest.



Without checking your figures-If you need a new (conventional) roof at 20ish Grand-then the difference would be the cost of solar panels-might as well go with the tiles.

If your roof doesn't need replacement anytime soon-then-yes I see your point.

Last edited by CKN; 08/01/17 02:16 PM.
Re: Solar City / Solar Panels - Anyone? [Re: CKN] #4476587
08/01/17 02:24 PM
08/01/17 02:24 PM
Joined: Apr 2008
Posts: 37,108
Ontario, Canada
OVERKILL Online content
OVERKILL  Online Content
Joined: Apr 2008
Posts: 37,108
Ontario, Canada
Originally Posted By: CKN
Originally Posted By: OVERKILL
Originally Posted By: CKN
Originally Posted By: coopns
In MA. Considering solar panels from Solar City on garage and back of the house (can't do the front - Cape and my lord it would cover the entire front roof).

After doing the numbers, looks like it would be a bill swap with National Grid.

Solar City deal: 20 years and would not increase monthly -lock in at this rate. 20 Year loan bugs me a bit but again, even swap and ...well be nice in 20 years! They would be paid off and no electric bill. 99% sure will be her in 20. My concern a bit is will they come up with something more attractive/efficient and a better deal...I think yes but again, my panels will be on back of house which no one can see and small garage that is set back in yard.

Anyone have them, pros / cons.


There are now solar roof tiles that look like a tile roof that would probably be allowed on your house.
https://www.tesla.com/solarroof

The Solar Sales guys also don't talk about the loss of the efficiency of the panels as the years pile on. Is your existing roof good for 20 years? If not-the panels would need to be removed for your residence to have a new roof installed. If you went with the tiles-assuming the tiles stopped producing electricity at all-you would still have a viable roof!

Finally-we have found in Utah buyers do not wish to assume a solar loan/lease deal if the home is resold prior to the lease terms ending. We have also found the the solar panel values are NOT PERCEIVED by potential buyers as it is by a bank's appraiser-leading to issues.


The roofing tiles require an upfront cost of north of $50K for the average American home (more for Canadians). So either you have a ton of capital that you for some reason don't have tied up in investments or you are willing to carry a note on them for a set duration in hopes that the generation and eventual profit outdoes what you've paid in interest.



Without checking your figures-If you need a new (conventional) roof at 20 Grand-then the difference would be the cost of solar panels-might as well go with the tiles.


The figure is directly from Tesla:

Originally Posted By: Tesla
When you include the benefits of the solar production, Solar Roof will cost less than a regular roof. In fact it may earn you money as an example, the out-of-pocket cost of a Solar Roof for a typical home in Maryland will be around $52,000, but after considering the tax credit and the value of energy it generates, the roof will actually pay for itself and earn you about $8,000 over 30 years.


Note that this does NOT include the cost of the Powerwall battery.

BTW, where did you get a $20K figure for an asphalt shingle roof? The average would be around $6K. And yes, if you don't need your roof done in the immediate future, it would seem to be incurring excessive cost for very little if any benefit. Keep in mind, Tesla's "profit" calculator assumes an annual price of electricity increase of ~2% every year for 30 years, I'm not sure if it accounts for panel degradation or not either.


2018 RAM 1500 Big Horn EcoDiesel
2016 Grand Cherokee SRT
Re: Solar City / Solar Panels - Anyone? [Re: coopns] #4476590
08/01/17 02:26 PM
08/01/17 02:26 PM
Joined: Jun 2017
Posts: 208
NY
DdDd Offline
DdDd  Offline
Joined: Jun 2017
Posts: 208
NY
Basically you can install solar for 1/3 the price these companies finance you for. Your payback can be as little as five years and then it makes sense.

Solar is essentially a roofing contractor / electrician charging triple. Shop the install, use as few "solar professionals" as possible and play a little GC yourself and you can save big. You can buy the actual equipment online.

Same concept as paying your minimum on the credit card every month. In 30 years you'll have paid the balance over like twenty times.

Re: Solar City / Solar Panels - Anyone? [Re: coopns] #4476593
08/01/17 02:33 PM
08/01/17 02:33 PM
Joined: Aug 2009
Posts: 3,899
Pittsburgh,PA U.S.A.
JimPghPA Offline
JimPghPA  Offline
Joined: Aug 2009
Posts: 3,899
Pittsburgh,PA U.S.A.
There's many videos on Youtube about solar. Watch them. One of them mentions that if even a small portion of a panel is blocked by something such as a little amount of snow, then the entire panel will not produce.

So one of the things to consider is how easy will it be for you to access those panels to clean them from snow, or leaves, or even dirt.


Boy will I be happy when ALL vehicles on public roads are autonomous.


JimPghPa

Re: Solar City / Solar Panels - Anyone? [Re: OVERKILL] #4476594
08/01/17 02:34 PM
08/01/17 02:34 PM
Joined: Sep 2015
Posts: 3,861
Connecticut
69GTX Offline
69GTX  Offline
Joined: Sep 2015
Posts: 3,861
Connecticut
Originally Posted By: OVERKILL


BTW, where did you get a $20K figure for an asphalt shingle roof? The average would be around $6K.


For $6K in New England that might cover a simple one story ranch with 1000 sq ft. assuming you have a buddy doing it. When I had my 1,000 sf roof bid, Home Depot came in at $14,500. Another bidder was around $12K. I ended up buying the materials myself ($5K-6K as I recall) and having my son (a roofer) do it with a friend. Still ran me $8500.


----------------

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Re: Solar City / Solar Panels - Anyone? [Re: 69GTX] #4476598
08/01/17 02:36 PM
08/01/17 02:36 PM
Joined: Oct 2014
Posts: 3,895
Utah
CKN Online content
CKN  Online Content
Joined: Oct 2014
Posts: 3,895
Utah
Originally Posted By: 69GTX
Originally Posted By: OVERKILL


BTW, where did you get a $20K figure for an asphalt shingle roof? The average would be around $6K.


For $6K in New England that might cover a simple one story ranch with 1000 sq ft. assuming you have a buddy doing it. When I had my 1,000 sf roof bid, Home Depot came in at $14,500. Another bidder was around $12K. I ended up buying the materials myself ($5K-6K as I recall) and having my son (a roofer) do it with a friend. Still ran me $8500.


Exactly-roofs are VERY EXPENSIVE these days. Owners don't realize because how often does one buy a roof?

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