X
 
  • Time
  • Show
Clear All
new posts
  • MTBE
    Junior Member
    • Sep 2025
    • 2

    #1

    Doesn't seem worth it...

    In the Chicago Suburbs, my father received a quote for 12 solar panels for a total of 5.16kW, for installed price of $15k (assuming some rebates), but this was over a Zoom call. Electricians never came nor has anyone inspected the roof structure. They did send a quote with layout of the panels on the roof.

    Home is about 60 yrs old, so I'm concerned the roof structure can't hold the weight.

    6 of the panels have to be placed on the East side of the roof, where they won't get sun after noon. The other 6 are on the South side of the roof.

    My dad's current bill is only $100/month. kWH is $0.165/kWH

    No batteries are planned with this installation.

    There is no disconnect on the outside of the house, so I imagine during the county inspection, they will say it needs to be installed, driving up the cost ($2-3K). Bkr Panel is 200A.

    He does have an Electric car and 30A charger. He currently charges at night, but would charge during the day with solar (But it's only 1x/week at most, more like once every 2 weeks). He would also run dishwasher during day instead of at night. But, that's about it. He doesn't turn on lights during day, he doesn't watch but 30-60 minutes of TV during the day. No radio.... Hardly anything. Stove and Furnace are gas.

    The quote came in at $15k total installed, with a calculated savings over 25 yrs of $13k (Claimed bill savings of 63%). I highly doubt that savings calculation since most of the electricity is used A) in the evening after the sun goes down, B) for A/C which cycles on/off during the day, and only for 3 months out of the year.

    We haven't checked if his insurance will increase or be denied (I've heard some insurance companies won't cover them). But will be calling them today.

    It just doesn't seem worth it.

    Any feedback would be appreciated...
  • azdave
    Moderator
    • Oct 2014
    • 802

    #2
    Originally posted by MTBE
    The quote came in at $15k total installed, with a calculated savings over 25 yrs of $13k (Claimed bill savings of 63%).
    Am I reading that right? He would invest $15K now and not even recover that investment for well over 25 years?

    Dave W. Gilbert AZ
    6.63kW grid-tie owner

    Comment

    • SunEagle
      Super Moderator
      • Oct 2012
      • 15177

      #3
      For me even if I get a 6kw system installed for $2/watt it would still take at least 12 years to get a payback equal to what I spent.

      It still comes down to what someone is being charged per kwh and the install cost

      Comment

      • MTBE
        Junior Member
        • Sep 2025
        • 2

        #4
        Originally posted by azdave

        Am I reading that right? He would invest $15K now and not even recover that investment for well over 25 years?
        YEP!!! That's exactly what I saw...and I don't even believe those numbers!!!!

        Comment

        • J.P.M.
          Solar Fanatic
          • Aug 2013
          • 15048

          #5
          While PV systems don't weigh much (wind uplift may well be a bigger load but probably still not a deal killer), even ignoring the installation hassles, at those prices I'm wondering if a PV system is worth it, especially with the quote/vendor sounding as shady as it is and with tax credits looking like they'll expire at year's end.
          Still, I'd get more quotes but this time from more reputable installers and do it soon so the install can get done before year's end.

          While doing that, I'd suggest downloading a free PDF of "Solar Power Your Home for Dummies". It's a bit dated but the information is still mostly valid.
          Then download the PV modeling software "PVWatts" from NREL. It's an easy to learn/use model. It'll take about an hour of your time to read/learn and a longer to get a pretty good guess at a system size. PV design is not rocket science.

          With those 2 tools, you 'll be much better informed and able to make informed decisions.

          Comment

          • Mike 134
            Solar Fanatic
            • Jan 2022
            • 444

            #6
            I'm also in Illinois (Elgin area) The method for net metering has changed it's no longer one for one, instead they only pay you for KW you send into the grid (roughly 10 cents), no credit for delivery charges. Were they forthcoming with the REC payments he would get? currently $83.00 for each Megawatt.
            Myself I don't feel solar is a good investment, even though I have solar. Because of my unique situation and DIY skills the RECs I received paid for my system in full.

            Comment

            Working...