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UBUYGAS
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Re: Need Opinions - Use SolarCity to Install for Free or....

Thu May 08, 2014 5:19 am

They told me that they can put 6.75kW on my roof (and maybe more, they want an onsite inspection first to see if they can put more)

They said that there were two options, 2.99% and Zero% and with my credit I can choose Zero%, I have no idea what that means.

And they said that they should be able to offset 55% of my bill.

I pay around $2800 a year for electricity. 55% is $1540.00, So I would pay roughly $105 a month for electricity.

I'm supposed to have an online conference with the salesman Friday. So they can explain everything.

My two major concerns are:
1. In 5 years can install 10kW on my roof for $10,000.00? and now I'll be stuck with this SolarCity 20 year account.
2. What if I want to sell my house in 17 years and I can't find anybody that wants to buy a house with a contract with Solar city.

I'd like to see what it would cost to install my own system, I have a neighbor that is an electrician and he's very interested in doing it for his house as well.

Devin wrote:I just wanted to add that I went with a 20yr lease from SolarCity. I chose to go prepaid due to concerns about selling the house etc. It only cost me $4,030 for a 4.32kW system for 20 years. They've been easy to deal with and even proactively came out to replace the inverter when half of the input on it had failed (they could tell from their remote monitoring before I was aware of it).
For a list of aftermarket Nissan LEAF battery installers click the URL below: (If you are or know another that is not on my list please let me know so I can add them. Thanks!)

http://NissanLEAFbatteryReplacement.com

camasleaf
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Location: Camas, WA

Re: Need Opinions - Use SolarCity to Install for Free or....

Thu May 08, 2014 7:14 am

QueenBee wrote:So the total cost of the system was $4,030 and you get to use all the electricity it produces for free?
Before installing mine I called SolarCity. They wanted $7000 from me for a 4kW system. The $7000 was a deal breaker, it cost me $9300 for 5.7kW I installed myself, with your help. The sales guy told me that after installation I would buy the electricity from SolarCity at a lower price than the utility. Our utility rate was about 7.5 cents is about 8 cents now.
2011 SLe 06/17/11 Over 92000 miles 59%SOH
2018 Honda Clarity PHEV
2014 Model S P85 87000 miles 250 miles range
5.7kW DC Solar System

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z0ner
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Re: Need Opinions - Use SolarCity to Install for Free or....

Thu May 08, 2014 8:05 am

Lasareath wrote:2. What if I want to sell my house in 17 years and I can't find anybody that wants to buy a house with a contract with Solar city.
Simple on that one. You build the lease termination fees into your house price, or eat it when you sell.

It depends on the home buyer of course, but in today's climate I've found that to most a PV system would only be a minor plus, and ONLY if it was paid off.

HighDesertDriver
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Re: Need Opinions - Use SolarCity to Install for Free or....

Thu May 08, 2014 8:26 am

The least expensive cost is to buy the system, vs leasing, but the particulars will vary with your location and utility pricing structure. In a tiered pricing area like Southern California, for a leased system you will pay a fixed price per kilowatt hour generated somewhere around your second tier. A "zero cost" system (basically zero down) will also have annual price escalations during the lease period. You'll need a local company to get the specifics for your area.

I recently installed a 7000W system ground-mount system for a friend. The total price for all equipment, permits, and engineering for the rack foundation was $20,600. Roof-mount would have been less expensive, but orientation, configuration, and a clutter of skylights, vents and two A/C units made the ground-mount system more practical. I expected improved production because of the better cooling, but coupled with Enphase micro-inverters, their daily production has consistently exceeded our home's 6900W single inverter system output by almost 10%. Especially where municipalities and electricians are new to high-voltage DC power, the 240V AC micro-inverter are simpler to install, easier to monitor, and simpler to trouble-shoot.
2011 Glacier Pearl SL QC
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PV: 7.2kW, ~13,500 kWh/yr since 3/06

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Devin
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Re: Need Opinions - Use SolarCity to Install for Free or....

Thu May 08, 2014 10:17 am

QueenBee wrote:
Devin wrote:I just wanted to add that I went with a 20yr lease from SolarCity. I chose to go prepaid due to concerns about selling the house etc. It only cost me $4,030 for a 4.32kW system for 20 years. They've been easy to deal with and even proactively came out to replace the inverter when half of the input on it had failed (they could tell from their remote monitoring before I was aware of it).
So the total cost of the system was $4,030 and you get to use all the electricity it produces for free?
Yep. They even sent me a $15 "performance guarantee" cheque this year to make up for the reduction in generation as a result of the inverter problem.
2014 Toyota RAV4 EV

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30,140mi & 54.11 AHr as of 2014FEB27

QueenBee
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Location: Portland

Re: Need Opinions - Use SolarCity to Install for Free or....

Thu May 08, 2014 3:04 pm

Devin wrote:
QueenBee wrote:
Devin wrote:I just wanted to add that I went with a 20yr lease from SolarCity. I chose to go prepaid due to concerns about selling the house etc. It only cost me $4,030 for a 4.32kW system for 20 years. They've been easy to deal with and even proactively came out to replace the inverter when half of the input on it had failed (they could tell from their remote monitoring before I was aware of it).
So the total cost of the system was $4,030 and you get to use all the electricity it produces for free?
Yep. They even sent me a $15 "performance guarantee" cheque this year to make up for the reduction in generation as a result of the inverter problem.
Hmm, the California incentives were too difficult for me to figure out quickly so I'm not sure how big of a factor they were in that price but that's the kind of price that is too good to be true :) I wonder what kind of trickery they are doing.

oakwcj
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Location: Oakland, CA

Re: Need Opinions - Use SolarCity to Install for Free or....

Thu May 08, 2014 4:14 pm

QueenBee wrote:So the total cost of the system was $4,030 and you get to use all the electricity it produces for free?

Hmm, the California incentives were too difficult for me to figure out quickly so I'm not sure how big of a factor they were in that price but that's the kind of price that is too good to be true :) I wonder what kind of trickery they are doing.
They use two or three kinds of legal "trickery," although I'm not sure that the third one is entirely kosher. First, they assign the contracts, which are technically power purchase agreements, rather than leases, to companies, like Google, that need tax credits to offset their tax liabilities. Second, they can write off depreciation on the installation, something which homeowners can't do. Third, they may well be overstating their costs to obtain higher tax credits. In my case, the papers they submitted claimed costs of nearly $20k, although I paid only $9k.

I had SC install a 3.6kW system two years ago, when California's incentives had declined quite a bit. [They're gone now.] It still cost me $9,000 on a fully pre-paid system, which I thought was a good price. Devin must have gotten his system before 2012. I haven't paid any electricity bills for the past two years. The system has given me "free" charging for my LEAF and "free" heating for my hot tub, as well as "free" power for my house.
Cayenne Red SL-e
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QueenBee
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Re: Need Opinions - Use SolarCity to Install for Free or....

Thu May 08, 2014 6:08 pm

oakwcj wrote:
QueenBee wrote:So the total cost of the system was $4,030 and you get to use all the electricity it produces for free?

Hmm, the California incentives were too difficult for me to figure out quickly so I'm not sure how big of a factor they were in that price but that's the kind of price that is too good to be true :) I wonder what kind of trickery they are doing.
They use two or three kinds of legal "trickery," although I'm not sure that the third one is entirely kosher. First, they assign the contracts, which are technically power purchase agreements, rather than leases, to companies, like Google, that need tax credits to offset their tax liabilities. Second, they can write off depreciation on the installation, something which homeowners can't do. Third, they may well be overstating their costs to obtain higher tax credits. In my case, the papers they submitted claimed costs of nearly $20k, although I paid only $9k.

I had SC install a 3.6kW system two years ago, when California's incentives had declined quite a bit. [They're gone now.] It still cost me $9,000 on a fully pre-paid system, which I thought was a good price. Devin must have gotten his system before 2012. I haven't paid any electricity bills for the past two years. The system has given me "free" charging for my LEAF and "free" heating for my hot tub, as well as "free" power for my house.
In any case it sure seems to add up to a dang good deal for the homeowner.

camasleaf
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Delivery Date: 17 Jun 2011
Location: Camas, WA

Re: Need Opinions - Use SolarCity to Install for Free or....

Thu May 08, 2014 8:23 pm

QueenBee wrote:
oakwcj wrote:It still cost me $9,000 on a fully pre-paid system, which I thought was a good price. I haven't paid any electricity bills for the past two years. The system has given me "free" charging for my LEAF and "free" heating for my hot tub, as well as "free" power for my house.
In any case it sure seems to add up to a dang good deal for the homeowner.
$9000 for a 20 years lease is $37.5 a month. A 3.6kW produces about 6500 kWh a year or 540 kWH a month. That results in about 7 cents per kWh. Not bad for California. The lower production in the Pacific NW and cheaper electricity make the SC deal a ... no deal.
2011 SLe 06/17/11 Over 92000 miles 59%SOH
2018 Honda Clarity PHEV
2014 Model S P85 87000 miles 250 miles range
5.7kW DC Solar System

oakwcj
Posts: 339
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Delivery Date: 19 May 2011
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Location: Oakland, CA

Re: Need Opinions - Use SolarCity to Install for Free or....

Fri May 09, 2014 8:12 am

camasleaf wrote:
QueenBee wrote:
oakwcj wrote:It still cost me $9,000 on a fully pre-paid system, which I thought was a good price. I haven't paid any electricity bills for the past two years. The system has given me "free" charging for my LEAF and "free" heating for my hot tub, as well as "free" power for my house.
In any case it sure seems to add up to a dang good deal for the homeowner.
$9000 for a 20 years lease is $37.5 a month. A 3.6kW produces about 6500 kWh a year or 540 kWH a month. That results in about 7 cents per kWh. Not bad for California. The lower production in the Pacific NW and cheaper electricity make the SC deal a ... no deal.
It's actually more favorable than that, because I'm on a TOU rate schedule. My system produces electricity during peak periods and I charge during off-peak. So, even though I consume more than I produce, I still have a $0 bill.
Cayenne Red SL-e
Blink Installed 6/23/11

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