solar_dave wrote: »
I looked at a similar deal recently. TheY do cook the books with the Feds, on the deal I looked at they book the lease at $8 a watt and get $1 a watt from the utility. Sounds like the same kind of deal. Questionable? Maybe, but theY take the liability with the Feds.
BB. wrote: »
One thing I would suggest--Never assume that the solar array adds "value" to your home... At best it is probably a wash (nothing added, nothing lost).
However, you may run into buyers that don't want "that stuff" on their new home and it may cost money to remove.
From my humble point of view--Conservation measures are a much better "investment" (more insulation, weather stripping, double pane windows, energy star A/C and built in appliances, plantings and home design for winter heating/summer shading/cooling, etc.).
And, many conservation measures make the home nicer to live in (quieter, fewer drafts) as well as reduced energy bills (and smaller GT/off-grid power systems too).
BB. wrote: »
If people are willing to pay "retail" for solar systems ($5-$6 per watt in added home pricing)--I am not going to tell them not too...
However, the inverters (typically) have a ~10 year life (micro inverters to claim a longer life) and the solar panels have a ~25 year life (may be longer--but I would not bet on it).
So--there is a declining value (sort of like a new roof only add value to the home when it is new--10-20 years out, it has much less value).
Again, I am just trying to help people with information--and they make their own decisions. But--please do not dump your 401k/retirement account or take out large loans into these things.
For many people, solar GT works out as pre-paying their electric bill unless they are staying in the home for the next several decades (which was my decision ~6 years ago).