Long time lurker and recently new member. First I appreciate all of the knowledge and referrals for installers. I have been digging and have roughly three installer bids in with a couple more to go. I am not locked into Sunpower but the first three installers are three of the largest/ best relationship installers with Sunpower in San Diego and happen to be doing most of the work in my area so these bids will be Sunpower heavy. It should also be noted that a close family friend works for Sunpower so there is a 3k incentive to go with Sunpower. I am not sure of the 30% credit comes off the price quote from the installer before or after this is applied but I will assume after for now since its applied after total cost in the future tax year.
Our current usage averages about 790 kwh per month but with a recently installed pool (variable pump/salt etc) and lots of landscape transformers with leds, I want to upsize a bit. We also only have one month of post-pool usage and not a full year in the home so while we are getting bids now, we most likely wont pull the trigger until we cycle through a few months more of post-pool time. As far as the roof, we have enough room to put 20 panels on south and west facing roofs with some space on a smaller west facing for future expansion or pool solar.
Our house is less than two years old with a pretty solid build (radiant barrier attic) in terms of efficiency although there is only one ac/heat unit for a 3200 sq ft 3 zone home. We are putting in QuietCool whole house fans to help offset the ac usage in the summer/ fall evenings. Gas runs the pool heater (for now), home heating in the winter, cooktop, water heater and washing machine. We dont require a panel upgrade. With all that said, here's what we have so far:
Company A:
Bid 1: 18 SP x345 Panels with SunnyBoy Line inverter - $29860 -$3000 SP F&F discount = $26860 / (345X18) = $4.32/w - After 30% credit = $18802
Company B:
Bid 1: 18 SP x345 Panels with SunnyBoy Line inverter - $30428-$3000 SP F&F discount = $27428/(345X18) =$4.42/w - After 30% credit = $19202
Bid 2: 20 SP e327 Panels with SunnyBoy Line inverter - $31522-$3000 SP F&F discount = $28522/ (327X20) =$4.36/w - After 30% credit = $19966
Company C:
Bid 1: 22 LG 302 Panels with SE6000 Power Opt - $23983 / (302*22) = $3.61/w - After 30% credit = $16788
Bid 2: 20 SP e327 Panels with SunnyBoy Line inverter - $27918-$3000 SP F&F discount = $24918/ (327X20) =$3.81/w - After 30% credit = $17442
Bid 3: 18 SP x345 Panels with SunnyBoy Line inverter - $30549-$3000 SP F&F discount = $27549/(345X18) =$4.43/w - After 30% credit = $19284
Looking at the above, Company C Bid 2 looks like a great deal considering the per watt and price after credit. Keep in mind that I dont know if the SP f&f is pretax or not (i assumed its deducted before the tax credit. Company C also said that they will price match any competitor and give a 10% discount within 10 days of their quote as long as the bid is for the same equipment. Looking at Company A bid 1, they have beat Company C's identical equipment Bid 3. So I could potentially land the following (confirming tomorrow morning):
Company C: Revised
Bid 3 PriceMatch Company A Bid 1: 18 SP x345 Panels with SunnyBoy Line inverter - $29860 -10% of pricematch (2986)= $26874-$3000 SP F&F discount = $23874 / (345/18) = $3.84/w - After 30% credit = $16713
If I am able to produce the above, this beats the LG price after the credit and is really low for per watt for latest tech SP panels. I am wondering if I am missing something because this sounds a little too good to be true and please keep me honest on my calculations above (just traveled home all day from back east so I may be way off with everything). Appreciate the feedback.
Cheers
Our current usage averages about 790 kwh per month but with a recently installed pool (variable pump/salt etc) and lots of landscape transformers with leds, I want to upsize a bit. We also only have one month of post-pool usage and not a full year in the home so while we are getting bids now, we most likely wont pull the trigger until we cycle through a few months more of post-pool time. As far as the roof, we have enough room to put 20 panels on south and west facing roofs with some space on a smaller west facing for future expansion or pool solar.
Our house is less than two years old with a pretty solid build (radiant barrier attic) in terms of efficiency although there is only one ac/heat unit for a 3200 sq ft 3 zone home. We are putting in QuietCool whole house fans to help offset the ac usage in the summer/ fall evenings. Gas runs the pool heater (for now), home heating in the winter, cooktop, water heater and washing machine. We dont require a panel upgrade. With all that said, here's what we have so far:
Company A:
Bid 1: 18 SP x345 Panels with SunnyBoy Line inverter - $29860 -$3000 SP F&F discount = $26860 / (345X18) = $4.32/w - After 30% credit = $18802
Company B:
Bid 1: 18 SP x345 Panels with SunnyBoy Line inverter - $30428-$3000 SP F&F discount = $27428/(345X18) =$4.42/w - After 30% credit = $19202
Bid 2: 20 SP e327 Panels with SunnyBoy Line inverter - $31522-$3000 SP F&F discount = $28522/ (327X20) =$4.36/w - After 30% credit = $19966
Company C:
Bid 1: 22 LG 302 Panels with SE6000 Power Opt - $23983 / (302*22) = $3.61/w - After 30% credit = $16788
Bid 2: 20 SP e327 Panels with SunnyBoy Line inverter - $27918-$3000 SP F&F discount = $24918/ (327X20) =$3.81/w - After 30% credit = $17442
Bid 3: 18 SP x345 Panels with SunnyBoy Line inverter - $30549-$3000 SP F&F discount = $27549/(345X18) =$4.43/w - After 30% credit = $19284
Looking at the above, Company C Bid 2 looks like a great deal considering the per watt and price after credit. Keep in mind that I dont know if the SP f&f is pretax or not (i assumed its deducted before the tax credit. Company C also said that they will price match any competitor and give a 10% discount within 10 days of their quote as long as the bid is for the same equipment. Looking at Company A bid 1, they have beat Company C's identical equipment Bid 3. So I could potentially land the following (confirming tomorrow morning):
Company C: Revised
Bid 3 PriceMatch Company A Bid 1: 18 SP x345 Panels with SunnyBoy Line inverter - $29860 -10% of pricematch (2986)= $26874-$3000 SP F&F discount = $23874 / (345/18) = $3.84/w - After 30% credit = $16713
If I am able to produce the above, this beats the LG price after the credit and is really low for per watt for latest tech SP panels. I am wondering if I am missing something because this sounds a little too good to be true and please keep me honest on my calculations above (just traveled home all day from back east so I may be way off with everything). Appreciate the feedback.
Cheers
Comment