downeykp
Forum Supporter
Posts: 632
Joined: Wed Nov 24, 2010 9:11 am
Delivery Date: 31 May 2011
Leaf Number: 1931
Location: Keaau, HI

Re: Is this a good deal? It looks pretty good to me . . .

Fri Aug 03, 2012 12:27 am

No that is before a $7000 rebate from the state of Hawaii. Because it is not my primary residence I do not qualify for the federal tax credit
2011 Black Leaf SL+QC Vin. 1931
Res. 6-14-10 Order 1-25-11
EVSE: Mod'd Ver. 2 Nissan L1
Delivered 5-31-11

8 years 33000mi. 7 bars

39 Suniva panels 10.3kw with Enphase micro inverters my electricity cost $26 a month.

QueenBee
Posts: 1564
Joined: Sun Aug 08, 2010 5:14 pm
Delivery Date: 20 Jun 2011
Leaf Number: 2062
Location: Bellevue (Seattle), WA

Re: Is this a good deal? It looks pretty good to me . . .

Fri Aug 03, 2012 5:43 am

downeykp wrote:No that is before a $7000 rebate from the state of Hawaii. Because it is not my primary residence I do not qualify for the federal tax credit
How is that so cheap then? That's $2.5 a watt which is probably less than most people pay for just the materials :)

craigmartell
Posts: 25
Joined: Mon Jun 04, 2012 8:22 pm
Delivery Date: 08 Jun 2012
Leaf Number: 008312
Location: Central Coast of California

Re: Is this a good deal? It looks pretty good to me . . .

Sun Aug 05, 2012 8:12 am

QueenBee wrote:
LindaK wrote:Sounds like a pretty big system. Are you powering your house too? Or do you just drive a heck of a lot more than me?
Craig, I've corresponded with Mark a few times and I really like his attitude. His pricing is excellent so I suspect he'll keep himself pretty busy. How did your install go?
It's just about done. It took more time than I thought to get HOA approval and the county permit. In both cases Mark's designs were approved with no problem, but each process took time. They started the install this week and should be done by the middle or end of next week. So far it seems excellent. The materials are in my garage and they are definitely the brands he quoted (Canadian Solar and Enphase microinverters). The brackets are already on the roof, and the panels go up Mon or Tuesday.

I will let you know, but it looks excellent.

Craig

craigmartell
Posts: 25
Joined: Mon Jun 04, 2012 8:22 pm
Delivery Date: 08 Jun 2012
Leaf Number: 008312
Location: Central Coast of California

Re: Is this a good deal? It looks pretty good to me . . .

Mon Aug 27, 2012 3:35 pm

ALL:,

I just wanted to follow up on my installation by Mother Nature Solar. Mark and his team did a kick a$$ job. Everything went smoothly, and they even stayed in local motels (they live pretty far away) just to maximize the time on the job. I couldn't be happier with the bid or the job done.

I am now producing up to 37kWh per day! Last month we used 1400 kWh (we have both a Leaf and a Volt). Next month, about 1000 kWh of that should be taken care of by solar.

Before PG&E rebate and tax credit, I paid $3.79/W. After the rebate and tax credit it will be about $2.50/W.

Feel free to PM me if you have any questions.

Craig

madbrain
Posts: 281
Joined: Wed Sep 26, 2012 9:53 pm
Delivery Date: 20 Oct 2012
Leaf Number: 023874
Location: San Jose, CA

Re: Is this a good deal? It looks pretty good to me . . .

Thu Oct 11, 2012 4:01 pm

craigmartell wrote:ALL:,

I just wanted to follow up on my installation by Mother Nature Solar. Mark and his team did a kick a$$ job. Everything went smoothly, and they even stayed in local motels (they live pretty far away) just to maximize the time on the job. I couldn't be happier with the bid or the job done.

I am now producing up to 37kWh per day! Last month we used 1400 kWh (we have both a Leaf and a Volt). Next month, about 1000 kWh of that should be taken care of by solar.

Before PG&E rebate and tax credit, I paid $3.79/W. After the rebate and tax credit it will be about $2.50/W.

Feel free to PM me if you have any questions.

Craig
I am doing an expansion of my existing system. Adding 12 cheap chinese made 240W Talesun panels, with M190 micro-inverters.
I am getting the major parts myself, contractor is just getting racking and installing.

12 x Talesun TP660M 240W $2,215.80

Install, labor , racking other parts. $3,622.33
M190 $99.00 12 $1,286.01
M190 cables $80.00 1 $86.60


Code corrections on existing system $810.99

gross cost before incentives $8,021.73
gross cost per watt STC $3.09
gross cost per watt DC $2.79

California rebate per watt PTC $0.20 $518.88
project cost after CA rebate $7,502.85
Federal tax credit 30.00% $2,250.86

net cost for system expansion $5,252.00
net cost per watt STC $2.02
net cost per watt DC $1.82

IMO, hard to beat in California for a 2.88 kW DC system.
The CSI rebate is very small at this point, it's almost not worth it at this point to go through all the painful paperwork.

My expansion should be complete by tomorrow or monday.

saleem145
Posts: 42
Joined: Sun Oct 28, 2012 6:53 am
Delivery Date: 09 Nov 2012
Location: Westport, CT

Re: Is this a good deal? It looks pretty good to me . . .

Sat Nov 03, 2012 7:01 pm

Craig,

I have one request and one suggestion --

1. I live in Connecticut so I cannot get the company you hired to install my system. Please could you post as much details about your installation as possible and the rebates you got so I can determine how much it would cost me in Connecticut to set up.

2. This looks like an arbitrage opportunity to me. Your system cost

$13.8K to install
You are generating 1000 kwh per month. @10cents per kwh you are making $100 per month or $1200 per year.

If you were to take a home equity loan at 4% for 30 years, your payment is $65 per month, you pocket $35 per month or $420 per year.

Although in this case one can pay out of pocket for the system, why not scale it by a factor of 10 or even a 100??

Saleem

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