need help choosing panels

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  • paris401
    Solar Fanatic
    • Apr 2015
    • 198
    #1

    need help choosing panels

    i have '2' systems already installed on my homes - 1 system is 18 sunpower 327's and the other is 28 sunpower 335's - both have solaredge equipment- the smaller system has worked well for the 8 years its been installed, the 28panel system has worked 'ok' - the inverter crapped out after about 7 years, and the installer has replaced a few of the solaredge modules along the way..
    now i am looking at panels for my main residence .. i received a quote today for Solar Panels: 50 REC DOM 460AA PURE-RX, Inverters: (50) Enphase IQ8X Micro-inverters .Racking: Iron Ridge n Critter Guards
    i am in new york and was quoted 45k f(net) for the system, using the installers (power solutions) bank so that we can get the 15k in rebates from the fed. i would get the 5k in rebates from nystate to take off my taxes... so the bottom line it would cost me 40k - my monthly payment at 9.9pct interest would be around 350, and the salesman said i can pay off the system after the 1st day so to get the fed rebate... trump canceled rebates, but there is a work around...
    so my question/s is this a good system, is their something better, and is it priced rite.

    ESTIMATED ANNUAL USAGE (kWh) SYSTEM SIZE (kW) 23.00 YEAR 1 PRODUCTION (kWh) Your installation uses the latest in solar technology. Solar Panels: 50 REC DOM 460AA PURE-RX Inverters: (50) Enphase IQ8X Micro-inverters Racking: Iron Ridge Critter Guards Your system prevents… fully charged smartphones, per year. Prepared by: Expiration Date: 10/2/26 Joe Galluzzo 602-380-4868 - josephg@gopowersolutions.com PrePay Lease PSSBA JSM 9.31 Environmental Benefits or.. 1,393,434 Planting 388 trees, per year. 9.7 tons of CO2 from going into the atmosphere, per year. which is equal to.. COMPONENTS Lifetime Savings $196,695.11 Your Custom System Design 18,589 16,164

    thanks
    Tags: None
  • DanS26
    Solar Fanatic
    • Dec 2011
    • 1003
    #2
    You need at least 4 more competitive quotes before making any decision......

    Comment

    • paris401
      Solar Fanatic
      • Apr 2015
      • 198
      #3
      Originally posted by DanS26
      You need at least 4 more competitive quotes before making any decision......
      i agree , i will get more quotes- in the proposal it also states that after 5 years, the system is mine free and clear... so if i am paying to the solar bank 350 bucks a month for 5 years, that equates to around 21k.... sound toooo good to be true... i must be missing something

      Comment

      • paris401
        Solar Fanatic
        • Apr 2015
        • 198
        #4
        Originally posted by paris401

        i agree , i will get more quotes- in the proposal it also states that after 5 years, the system is mine free and clear... so if i am paying to the solar bank 350 bucks a month for 5 years, that equates to around 21k.... sound toooo good to be true... i must be missing something
        so i got an interesting quote today from slomins the local oil company - they will install about 56 cw 460 panels, with emphase equipment for ZERO out of pocket to me- they will install, maintain, monitor the panels - my cost will be 10 cents per kwh that i use. i don't know what happens if i produce excess power... here on long island the kwh is i think 23cents or higher, i of course i will be respon for the 60c a day line charge, but this deal seems to good to be true- any comments??

        Comment

        • scrambler
          Solar Fanatic
          • Mar 2019
          • 523
          #5
          A loan at 10% is a racket, you may own the panels after 5 years, but you are on the hook for 20 years with insane interest payments and an overall cost that is ludicrous....

          Get at least 4 quotes for outright purchases, then talk to your bank if you need to get a loan for some of the amount.

          As for your last post, I would never get solar without owning the installation. Becoming a captive customer for life with a company installing it "for free" and having stuff on your roof that does not belong to you is a recipe for disaster.
          The internet is full of horror stories of all the things that can go wrong down the line when you do that, do some research....

          Comment

          • paris401
            Solar Fanatic
            • Apr 2015
            • 198
            #6
            Originally posted by scrambler
            A loan at 10% is a racket, you may own the panels after 5 years, but you are on the hook for 20 years with insane interest payments and an overall cost that is ludicrous....

            Get at least 4 quotes for outright purchases, then talk to your bank if you need to get a loan for some of the amount.

            As for your last post, I would never get solar without owning the installation. Becoming a captive customer for life with a company installing it "for free" and having stuff on your roof that does not belong to you is a recipe for disaster.
            The internet is full of horror stories of all the things that can go wrong down the line when you do that, do some research....
            thanks... i agree the only way to go is to buy and own them- i have '2' other homes with sunpower panels that i bought 8 and 10years ago... but being out of the market for some years , wanted to get some feedback...

            Comment

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