My area has solar incentive programs that are run through the energy utility - meaning the state makes available zero-interest loans for the purposes of solar installation, but those loans are only available through an entity partnered with our utility. They limit the number of homes in each area that are eligible through this program so that solar generation never exceeds demand. Our home was eligible through the program, so I had them come out to give us a quote. Our utility is also transitioning to surge pricing and smart metering, so there’s a pretty high demand for solar installation in my area and they know that they’d lose out on a lot of revenue if everyone installed their own solar systems.
A part of that process was them asking for the last year of energy bills, along with taking measurements and doing daylighting analysis on our roof area. At the end, they gave us a quote for a 15 year loan for the equipment and installation, and it just so happened that the monthly payment was the same as our average energy bill. I work in AEC and I know what solar panels cost, and they had inflated their price by more than double what it would cost at market rate.
Of course I could install my own panels, but it would be out-of-pocket and I would have to seek out and apply for out-of-state incentive programs myself, but I can’t afford the up-front costs and the loan terms don’t make sense for how long we’ll be in this house. Id love nothing more than to do it myself, even at a loss if that’s what it took, but I have a spouse that is less spiteful than I am.
more than double what it would cost at market rate
I definitely paid more for labor than for materials. My payoff time is about 13 years with a Tesla Powerwall 3, maybe a bit less now that I have an EV. I had a team of 4 guys plus an electrician here for about five days.
I did go with a slightly more reputable company that charged slightly more, but I would have gone elsewhere if it was a huge difference.
Maybe I should get around to making a post in [email protected] or something, even though it isn’t very punk.
I’m factoring in labor. It was an extremely bad deal - they were praying on the fact most home owners do not have familiarity with solar installation pricing.
Like I said, I would love to still do it on my own, but it just doesn’t make sense for our household.
Sorry, maybe I wasn’t being clear.
My area has solar incentive programs that are run through the energy utility - meaning the state makes available zero-interest loans for the purposes of solar installation, but those loans are only available through an entity partnered with our utility. They limit the number of homes in each area that are eligible through this program so that solar generation never exceeds demand. Our home was eligible through the program, so I had them come out to give us a quote. Our utility is also transitioning to surge pricing and smart metering, so there’s a pretty high demand for solar installation in my area and they know that they’d lose out on a lot of revenue if everyone installed their own solar systems.
A part of that process was them asking for the last year of energy bills, along with taking measurements and doing daylighting analysis on our roof area. At the end, they gave us a quote for a 15 year loan for the equipment and installation, and it just so happened that the monthly payment was the same as our average energy bill. I work in AEC and I know what solar panels cost, and they had inflated their price by more than double what it would cost at market rate.
Of course I could install my own panels, but it would be out-of-pocket and I would have to seek out and apply for out-of-state incentive programs myself, but I can’t afford the up-front costs and the loan terms don’t make sense for how long we’ll be in this house. Id love nothing more than to do it myself, even at a loss if that’s what it took, but I have a spouse that is less spiteful than I am.
I definitely paid more for labor than for materials. My payoff time is about 13 years with a Tesla Powerwall 3, maybe a bit less now that I have an EV. I had a team of 4 guys plus an electrician here for about five days.
I did go with a slightly more reputable company that charged slightly more, but I would have gone elsewhere if it was a huge difference.
Maybe I should get around to making a post in [email protected] or something, even though it isn’t very punk.
I’m factoring in labor. It was an extremely bad deal - they were praying on the fact most home owners do not have familiarity with solar installation pricing.
Like I said, I would love to still do it on my own, but it just doesn’t make sense for our household.