Andolyn
Posts: 52
Joined: Mon Aug 04, 2014 7:55 am
Delivery Date: 27 Sep 2014
Location: orange county CA

Re: Solar company in orange county area

Thu Mar 12, 2015 8:35 pm

This is Solar city's proposal
Attached is a design and proposal for a 4.16kW solar system that will produce at least 6,498 kWh’s per year. As you can see, I included two different zero down options:

1. Pay As You Go PPA – Solar system is installed for no up-front cost and you just buy the electricity that the system produces at 15 cents per kWh ($81 avg per month).

With this plan, the rate does go up annually, but only at 2.9%. Historically SCE raises their rates at 4.8% per year.

This plan includes a 20 year warranty, insurance and monitoring by SolarCity

2. MyPower – Solar system is installed for no up-front cost and you would own the solar system. This is essentially a loan for a $21,216 solar system with a 4.5% APR. You can buy out the remaining payments whenever you want, or you can pay the monthly minimum over 30 years.

In terms of price per kWh, this is like getting the electricity at 17.7 cents per kWh in year 1 ($91 avg per month), and then we drop your price per kWh down to just 12.7 cents per kWh ($65 per month) after the Federal Tax Credit is passed on to us.

This plan includes a 30 year warranty, insurance, and monitoring by SolarCity

smkettner
Posts: 7497
Joined: Mon Aug 09, 2010 10:13 pm
Delivery Date: 26 Feb 2014
Location: Orange County, CA

Re: Solar company in orange county area

Thu Mar 12, 2015 10:02 pm

What is your annual usage in kWh? Do you expect usage to remain the same?
Are you on a TOU plan?

IMO you should be aiming for 60% to 85% of usage. Completely zeroing out your bill is overrated. Good chance TOU rates will effectively zero out the money before you zero out the usage.

I am inclined to do the purchase.... as in ask for option 3 where you purchase and get the tax credit yourself.
For zero down use HELOC etc. Otherwise I would tend to go option 2.

I put mine on a credit card through Paypal, then used savings.
1 bar lost at 21,451 miles, 16 months.
2 bar lost at 35,339 miles, 25 months.
LEAF traded at 45,400 miles for a RAV4-EV
RAV4 traded in for I-Pace Dec 2018

Andolyn
Posts: 52
Joined: Mon Aug 04, 2014 7:55 am
Delivery Date: 27 Sep 2014
Location: orange county CA

Re: Solar company in orange county area

Fri Mar 13, 2015 7:07 am

During the months of August, Sept and Oct this year i was around 700 kWh in elec usage. Other months about 600kwh.
Im not sure what tou is? I do expect to get another elec car in the EV in the future.

smkettner
Posts: 7497
Joined: Mon Aug 09, 2010 10:13 pm
Delivery Date: 26 Feb 2014
Location: Orange County, CA

Re: Solar company in orange county area

Fri Mar 13, 2015 8:36 am

TOU is Time Of Use. Different rates at different time of day.

Allows you to sell at higher day or on-peak rates and charge your vehicle at lower rates at night.

click here: SCE TOU Rates

System size seems about right as it is just a bit short of your annual usage. I would expect the output to be a small amount better than stated.
Either plan should work fine. I am just inclined to own stuff.
1 bar lost at 21,451 miles, 16 months.
2 bar lost at 35,339 miles, 25 months.
LEAF traded at 45,400 miles for a RAV4-EV
RAV4 traded in for I-Pace Dec 2018

Andolyn
Posts: 52
Joined: Mon Aug 04, 2014 7:55 am
Delivery Date: 27 Sep 2014
Location: orange county CA

Re: Solar company in orange county area

Fri Mar 20, 2015 7:17 am

So far the two companies i have posted are are the only two i have been contacted by. sungevity and solar city. Both quotes are about the same. solar city has their own crew and does not farm out the work. If that has a plus or not? If i can put this question out their.

Is it better to own and pay on it for 20 years or lease the solar system for twenty years and own the system at the end of the lease? One of sungevitys options is to lease the system and at the end of lease, either they remove the solar panels at their expense or we just keep the system and now own the panels?
How many folks out their are leasing versus purchasing? I do not have a big enough tax liability to take advantage of the current tax rebates in southern california.
Looking forward to input
thanks

Andolyn
Posts: 52
Joined: Mon Aug 04, 2014 7:55 am
Delivery Date: 27 Sep 2014
Location: orange county CA

Re: Solar company in orange county area

Mon Mar 23, 2015 3:57 pm

?

smkettner
Posts: 7497
Joined: Mon Aug 09, 2010 10:13 pm
Delivery Date: 26 Feb 2014
Location: Orange County, CA

Re: Solar company in orange county area

Mon Mar 23, 2015 4:17 pm

Purchase seems better to me. I bought mine. SC let me put it all on a credit card through what else but paypal :D (just for the points)
Worst case put it on HELOC.
Turbo tax got me the refund. No doubts on the payback period of 5 to 6 years.

Neighbor did the lease or PPA something and periodically wonders if it was a good deal :|
I prefer to be able to sell if needed with an asset vs another payment to explain to a buyer.
1 bar lost at 21,451 miles, 16 months.
2 bar lost at 35,339 miles, 25 months.
LEAF traded at 45,400 miles for a RAV4-EV
RAV4 traded in for I-Pace Dec 2018

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Boomer23
Posts: 3553
Joined: Sun May 23, 2010 9:57 pm
Delivery Date: 30 Mar 2011
Location: Orange County, CA

Re: Solar company in orange county area

Mon Mar 23, 2015 6:10 pm

We're going with Solar Energy Exchange for the 6 kW system for my son's house in Mission Viejo. Solar World 285 panels. Very honest people. We know the CEO personally.

Give them a call. You might be happy you did.

http://www.solarenergyexchange.net/index.php" onclick="window.open(this.href);return false;
2018 Tesla Model 3 Long Range RWD
2017 Chevy Bolt EV Premier Kinetic Blue
Blog: http://drivingelectric.blogspot.com" onclick="window.open(this.href);return false;

Andolyn
Posts: 52
Joined: Mon Aug 04, 2014 7:55 am
Delivery Date: 27 Sep 2014
Location: orange county CA

Re: Solar company in orange county area

Wed Mar 25, 2015 7:06 pm

I like the lease idea beacuse no down payment and I end up owning the system it looks like you own afterwards if you want. Im stuck on the initial rate and the annual increase over the 20 years. IE; start .15 a kwh first year follow ed by a 2.9% increase yearly.
:geek:

freeewilly
Posts: 33
Joined: Tue Jul 08, 2014 3:34 pm
Delivery Date: 08 Jul 2014

Re: Solar company in orange county area

Sat Mar 28, 2015 8:10 am

I just installed a 4.0 kWh system by Solar Max, they seem very professional. I'm just waiting for SCE approval so the power can feed into the grid.

I have a question. I'm so excited when the system got installed, but find out I can't turn it on until SCE approval. If I turn on the system now, will SCE find out?

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