I live in Los Angeles California. A friend of a friend proposed this system for me. I can only afford the pay as you go plan. Is it worth it to do? Saving money sounds good to me, am I missing something?
I truly appreciate any help you can provide
Proposed System Size 9.80 kW DC
Annual Production 12,509 kWh
Frame Type Black
UTILITY COSTS BEFORE SOLARCITY
Monthly LADWP Bill (Avg) $437
Annual LADWP Bill $5,248
LADWP Price of Power (Avg) 15.9¢/kWh
UTILITY COSTS AFTER SOLARCITY
New Lower Monthly LADWP Bill (Avg) $263
Annual LADWP Bill $3,159
LADWP Price of Remaining Power (1st Yr Avg) 15.3¢/kWh
LADWP Price of Avoided Power (1st Yr Avg) 16.7¢/kWh
LADWP Bill Savings 40%
Only plan that interests me is this plan as it is no money out of pocket. I dont have any money to pay for a system.
SolarLease® Pay As You Go Plan
SolarCity Price (1st Yr) 11.8¢/kWh
Annual Increase -
Initial Payment (After $250 Discount) $0
$123
Monthly Payment $123
Total Savings (Over 20 Years)$23,765
SITE ASSUMPTIONS
System Size AC 8.54 kW
Premium Service Package
SolarGuard® Monitoring. We continuously monitor your system and will respond in the unlikely event that it underperforms.
Extended Warranty & Repair Service We take care of any repair costs such as the inverter replacement, so you will not have to worry about it.
Insurance Coverage. Our all-inclusive system coverage protects against damage or theft.
Performance Guarantee. We guarantee that your system will produce as much electricity as we promise or we will pay you back!
20 years 20 years Included Included
I truly appreciate any help you can provide
Proposed System Size 9.80 kW DC
Annual Production 12,509 kWh
Frame Type Black
UTILITY COSTS BEFORE SOLARCITY
Monthly LADWP Bill (Avg) $437
Annual LADWP Bill $5,248
LADWP Price of Power (Avg) 15.9¢/kWh
UTILITY COSTS AFTER SOLARCITY
New Lower Monthly LADWP Bill (Avg) $263
Annual LADWP Bill $3,159
LADWP Price of Remaining Power (1st Yr Avg) 15.3¢/kWh
LADWP Price of Avoided Power (1st Yr Avg) 16.7¢/kWh
LADWP Bill Savings 40%
Only plan that interests me is this plan as it is no money out of pocket. I dont have any money to pay for a system.
SolarLease® Pay As You Go Plan
SolarCity Price (1st Yr) 11.8¢/kWh
Annual Increase -
Initial Payment (After $250 Discount) $0
$123
Monthly Payment $123
Total Savings (Over 20 Years)$23,765
SITE ASSUMPTIONS
System Size AC 8.54 kW
Premium Service Package
SolarGuard® Monitoring. We continuously monitor your system and will respond in the unlikely event that it underperforms.
Extended Warranty & Repair Service We take care of any repair costs such as the inverter replacement, so you will not have to worry about it.
Insurance Coverage. Our all-inclusive system coverage protects against damage or theft.
Performance Guarantee. We guarantee that your system will produce as much electricity as we promise or we will pay you back!
20 years 20 years Included Included
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