Thanks! I believe that you can take the fed 30% before energy company rebate but will pay taxes on the full amount. If you take the 30% after rebate amount you only pay taxes on the price after the energy company rebate but of course it is now a smaller tax incentive. It all really depends what your tax rate is. Company B thinks they can only get 16 panels on my roof based off satellite. This may be the reason for the smaller system with the Edison. They haven't done an on site evaluation yet. Other companies are estimating 22-24.
Most Popular Topics
Collapse
My first quote in Texas. Please give your thoughts!
Collapse
X
-
-
I have the same panels here in PA area. Here was my cost...
40 250W Canadian Solar CS6P
40 Enphase 215 (Cilp at 225W) Micro inverters
Total cost $36,000
$3.60 per watt before incentive and tax credit
- Fed Credt $10,800
- State Grant $7,500
- Utility Company $400
Final cost = $17,300
$1.73 per watt after all incentives
Correct me if I'm wrong but my cost should be higher since I went with the 40 Micro inverters. This was not the cheapest quote but had the best warranty/cost/quality ratio of the companies that quoted me. What ever you do don't just go with the lowest bid. Even if its for the same stuff. Really take the time to look into the companies who are doing the installation. I checked everywhere from the BBB to Angies list and found nothing but praise for the company I choose. I also liked that my installer only did Solar and did their own installations. No outside contractors like most companies do. On top of all that they also had a nice benefit where they carry the cost of the federal, state and utility credit up to 12 months 0% interest until I get the money back to pay them. None of the other guys did that.
Solar Panel Manufacture Warranty 25 years
Microinverter Warranty 25 years
Real Time monitoring 25 years
Astrum Solar Service Warranty 20 years
Yearly production guarantee 20 years
New Roof guarantee (remove and replace panels) 20 years
Moving Guarantee (One move) 20 years remove and install at new locationComment
-
I have the same panels here in PA area. Here was my cost...
40 250W Canadian Solar CS6P
40 Enphase 215 (Cilp at 225W) Micro inverters
Total cost $36,000
$3.60 per watt before incentive and tax credit
- Fed Credt $10,800
- State Grant $7,500
- Utility Company $400
Final cost = $17,300
$1.73 per watt after all incentives
Correct me if I'm wrong but my cost should be higher since I went with the 40 Micro inverters. This was not the cheapest quote but had the best warranty/cost/quality ratio of the companies that quoted me. What ever you do don't just go with the lowest bid. Even if its for the same stuff. Really take the time to look into the companies who are doing the installation. I checked everywhere from the BBB to Angies list and found nothing but praise for the company I choose. I also liked that my installer only did Solar and did their own installations. No outside contractors like most companies do. On top of all that they also had a nice benefit where they carry the cost of the federal, state and utility credit up to 12 months 0% interest until I get the money back to pay them. None of the other guys did that.
Solar Panel Manufacture Warranty 25 years
Microinverter Warranty 25 years
Real Time monitoring 25 years
Astrum Solar Service Warranty 20 years
Yearly production guarantee 20 years
New Roof guarantee (remove and replace panels) 20 years
Moving Guarantee (One move) 20 years remove and install at new locationComment
-
I have the same panels here in PA area. Here was my cost...
40 250W Canadian Solar CS6P
40 Enphase 215 (Cilp at 225W) Micro inverters
Total cost $36,000
$3.60 per watt before incentive and tax credit
- Fed Credt $10,800
- State Grant $7,500
- Utility Company $400
Final cost = $17,300
$1.73 per watt after all incentives
Correct me if I'm wrong but my cost should be higher since I went with the 40 Micro inverters. This was not the cheapest quote but had the best warranty/cost/quality ratio of the companies that quoted me. What ever you do don't just go with the lowest bid. Even if its for the same stuff. Really take the time to look into the companies who are doing the installation. I checked everywhere from the BBB to Angies list and found nothing but praise for the company I choose. I also liked that my installer only did Solar and did their own installations. No outside contractors like most companies do. On top of all that they also had a nice benefit where they carry the cost of the federal, state and utility credit up to 12 months 0% interest until I get the money back to pay them. None of the other guys did that.
Solar Panel Manufacture Warranty 25 years
Microinverter Warranty 25 years
Real Time monitoring 25 years
Astrum Solar Service Warranty 20 years
Yearly production guarantee 20 years
New Roof guarantee (remove and replace panels) 20 years
Moving Guarantee (One move) 20 years remove and install at new locationComment
-
That is pretty nice guarantee on the move. I haven't seen any company around here that will do that. I wanted to do microinverters but he said he has had a lot of failures here in TX since it gets so hot. We have high heat and humidity in TX. He said if I am ok with the inconvenience of having to call them every time an inverter fails then I should be fine with them. Not sure the extra cost but I will find out.Comment
-
Propert Value Change
Second that. FWIW: My observation(s) and (very limited) experience with respect to property values and solar energy:
- Data is limited.
- Seems to make no quantifiable difference in my neighborhood.
- Those making the most noise about solar energy increasing property values seems to be real estate peddlers whose knowledge of solar energy often seems limited, or solar vendors who know squat about real estate.
- In the future, I'm not sure people will consider an "old" solar electric system on a roof as an advantage as much as a liability. If I was looking at property today that had, say, a 10 yr. old system on the roof I might think about how much it would cost to remove it, inspect/repaper the roof and replace it with a probably more efficient, smaller, newer and therefore "better" system. If I did think that way, the existing system would probably be considered a liability rather than a selling point.Comment
-
Comment
-
Comment
-
Your question seems to imply that all solar electric systems will increase the value of a property simply by virtue of being solar electric systems. I'm not sure that's something I'd agree with, at least not in all cases.
True enough - with a ground mount, my roof replacement scenario does indeed go away with the attendant extra cost to remove/replace the panels, as do the extra holes in the roof. So, I guess the easy answer is yes. However, another, and I'd argue perhaps equally valid answer is that a ground mount might detract less from the value of a property for some potential buyers because roof maint. would be easier and less $$'s, but still detract from the overall marketability and selling price, just not as much as the roof mount.
Most of my point is that some folks may not want an existing solar energy system making a property with existing solar less marketable - it may be viewed as limiting their options, or as an albatross. Or it may be viewed as desirable - it depends on the buyer and the situation - each one is unique.
- What if the solar is 10 yrs old, needs work and sits in the middle of the yard? Suppose potential buyers have kids and fears of electrocution surface ?
- Regardless of location, what if it's a lease and potential customers think leases are a bad deal ?
- What if the system is crappy panels of poor quality and the buyer wants or has been brainwashed into Sunpower ?
- What if it's oversized for the customers needs and the customer doesn't want to pay for more than their needs ?
- What if it's undersized ?
- What if they think solar is a sham and a ripoff ?
etc.
I can generate as many or more positive scenarios for making solar equipped houses more marketable for more $$'s but again, my point is that just because someone says solar is great and increases property resale values doesn't make it so. Maybe yes - but maybe no.Comment
-
Solar is actually an add on benefit of preperty, but really not a real asset. That's also why your property tax is exampt.Comment
-
Active solar gets a property tax exemption in many, but by no means all places and is also usually eligible for fed./state tax credits and utility rebates for reason(s) that probably, IMO, have little if anything to do with any value the solar energy equipment may (or may not) add to real property as much as they do politician's and policy maker's attempts to curry voter's favor and/or influence societal direction and public opinion through manipulation of the tax code. Also, since in many places property assessments (from which property taxes are calculated) often bear little resemblance to actual market values, I'd suggest the real value of an asset is whatever the owner thinks it's worth, or in the case of a (potential) sale the value that the seller and buyer of the property agree upon. No more. No less.Comment
-
Respectfully:
Your question seems to imply that all solar electric systems will increase the value of a property simply by virtue of being solar electric systems. I'm not sure that's something I'd agree with, at least not in all cases.
True enough - with a ground mount, my roof replacement scenario does indeed go away with the attendant extra cost to remove/replace the panels, as do the extra holes in the roof. So, I guess the easy answer is yes. However, another, and I'd argue perhaps equally valid answer is that a ground mount might detract less from the value of a property for some potential buyers because roof maint. would be easier and less $$'s, but still detract from the overall marketability and selling price, just not as much as the roof mount.
Most of my point is that some folks may not want an existing solar energy system making a property with existing solar less marketable - it may be viewed as limiting their options, or as an albatross. Or it may be viewed as desirable - it depends on the buyer and the situation - each one is unique.
- What if the solar is 10 yrs old, needs work and sits in the middle of the yard? Suppose potential buyers have kids and fears of electrocution surface ?
- Regardless of location, what if it's a lease and potential customers think leases are a bad deal ?
- What if the system is crappy panels of poor quality and the buyer wants or has been brainwashed into Sunpower ?
- What if it's oversized for the customers needs and the customer doesn't want to pay for more than their needs ?
- What if it's undersized ?
- What if they think solar is a sham and a ripoff ?
etc.
I can generate as many or more positive scenarios for making solar equipped houses more marketable for more $$'s but again, my point is that just because someone says solar is great and increases property resale values doesn't make it so. Maybe yes - but maybe no.
it doesn't imply anything. If the value is negative, seems like having
solar far from the house would be a lot less negative.
Just what the future brings remains to be seen. If a property had a
small solar system, it likely wouldn't have much impact. Most buyers
have a pretty good idea what they are looking for; property with a
large solar system will go to someone who likes solar, or is serious
about saving energy.
Who and how even decide undersized/oversized anyway? My
definition probably differs from the next owner. A buyer discerning
enough to chose will buy accordingly, same for quality.
Safety is a concern; same for a pool. Fences, laws, etc apply to
such things. I know a lot of fatal pool incidents, non for solar yet.
I see my array got onto Google earth. The picture was taken between
June & Sept, because the second section isn't up. None of the
concerns raised here apply, being fenced & completely beyond
view of the house. No soccer field possible with the big changes
in elevation all over. Bruce RoeComment
-
None of those scenarios have anything to do with my question. No
it doesn't imply anything. If the value is negative, seems like having
solar far from the house would be a lot less negative.
Just what the future brings remains to be seen. If a property had a
small solar system, it likely wouldn't have much impact. Most buyers
have a pretty good idea what they are looking for; property with a
large solar system will go to someone who likes solar, or is serious
about saving energy.
Who and how even decide undersized/oversized anyway? My
definition probably differs from the next owner. A buyer discerning
enough to chose will buy accordingly, same for quality.
Safety is a concern; same for a pool. Fences, laws, etc apply to
such things. I know a lot of fatal pool incidents, non for solar yet.
I see my array got onto Google earth. The picture was taken between
June & Sept, because the second section isn't up. None of the
concerns raised here apply, being fenced & completely beyond
view of the house. No soccer field possible with the big changes
in elevation all over. Bruce RoeComment
-
Correct - the pool of home buyers that understand solar is quite limited in reality. Odds of solar adding to RE value are not good in most places.[SIGPIC][/SIGPIC]Comment
-
That is pretty nice guarantee on the move. I haven't seen any company around here that will do that. I wanted to do microinverters but he said he has had a lot of failures here in TX since it gets so hot. We have high heat and humidity in TX. He said if I am ok with the inconvenience of having to call them every time an inverter fails then I should be fine with them. Not sure the extra cost but I will find out.
JohnComment
Comment