That's the number I was looking for.
You can probably do better with another vendor. The cost before incentives in this case is just over 3.00 a watt. On systems of this size you should probably be looking in the 3.50 a watt range given the same specs.
Yingli is a Chinese manufacturer but tier ones among quality stuff.
A cash deal that would be equal to the lease as you would get the 30% federal credit you could add almost 50% to the lease price and the costs would be equal. ( actually multiply lease cost by 1.45 to come up with the same net cost as the lease and add any utility or state rebates to that.
Since you are in California you might also look at just shaving the top tiers where the larger expenses for electric are and getting a smaller system.
-
when I searched the contract for "DC" all I found was the following:
System Specifications
Premium 10.00 kW (DC) Yingli Energy
(China) system
System is estimated to produce 16,404kWh
of solar energy in Year 1
System will offset 99% of your electricity
usage with solar power
If this is not it, sorry but I don't understand what you are asking forLeave a comment:
-
The real number to compare is the cost per watt nameplate DC
You gave output numbersLeave a comment:
-
Costco REC SunRun
Here is the information I have, let me know if you need more info to provide better response. Im a noob at this so please be kind
Locatoin: Inland Empire, CA (So. Cal Desert)
Seller: REC (Through Costco)
Producer: SunRun
Upfront payment: $31,734
Year 1 output: 16,404 kWhs
Cost per kWh: $0.102
Terms: 20year (insured/monitoring included); option to purchase at FMV
Panel: The salesman told me he would install a Australian panel (he said there is also 2 other Chinese panels, if all things are the same I would rather Australian then a Chinese product)
Inverter: I dont know; is this something I should ask?
Current SEC Bill: ~$3500/yr for past 5 years
Is this a good deal? What else should I ask before signing? suggestions?
Leave a comment: