SunRun 'leased' Solar System in California

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  • Naptown
    Solar Fanatic
    • Feb 2011
    • 6880

    #16
    Originally posted by mdh
    I was wrong. The outright purchase price is $26,518 before credits. After tax breaks i am looking at $17,643. Prepaid lease is $14,629. So there is a cash savings. With a pre-paid lease (up front) they pass it on to me. With a pre-purchase Sunrun owns the system... they get the depreciation and the tax benefit. However, they pass the exact discount to me equal to the tax benefit. thanks,
    Are you forgetting about the California or PGE or other utility discounts and rebates? Seems like they are keeping them to themselves and a sarge part of the profit.
    NABCEP certified Technical Sales Professional

    [URL="http://www.solarpaneltalk.com/showthread.php?5334-Solar-Off-Grid-Battery-Design"]http://www.solarpaneltalk.com/showth...Battery-Design[/URL]

    [URL]http://www.calculator.net/voltage-drop-calculator.html[/URL] (Voltage drop Calculator among others)

    [URL="http://www.gaisma.com"]www.gaisma.com[/URL]

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    • mdh
      Junior Member
      • Sep 2011
      • 22

      #17
      Originally posted by Naptown
      Are you forgetting about the California or PGE or other utility discounts and rebates? Seems like they are keeping them to themselves and a sarge part of the profit.
      I hope I did not make this confusing. sorry. The prepaid less from SolarCity (via sunrun) is about $3K less in price than a full cash system purchase. I believe Sunrun is making their profit all from the depreciation schedule since they technically own the system. Sunrun gets all the tax benefits and rebates. Optically, they are pass them along.

      Comment

      • Naptown
        Solar Fanatic
        • Feb 2011
        • 6880

        #18
        Have you checked into state, local and utility rebates?
        Go to dsireusa.org and see what is available to you.
        I am having a hard time wrapping my head around this lease deal. The Solar City via Sunrun is also confusing as they are competitors here.
        NABCEP certified Technical Sales Professional

        [URL="http://www.solarpaneltalk.com/showthread.php?5334-Solar-Off-Grid-Battery-Design"]http://www.solarpaneltalk.com/showth...Battery-Design[/URL]

        [URL]http://www.calculator.net/voltage-drop-calculator.html[/URL] (Voltage drop Calculator among others)

        [URL="http://www.gaisma.com"]www.gaisma.com[/URL]

        Comment

        • Eugener
          Junior Member
          • Sep 2011
          • 1

          #19
          Originally posted by Naptown
          Have you checked into state, local and utility rebates?
          Go to dsireusa.org and see what is available to you.
          I am having a hard time wrapping my head around this lease deal. The Solar City via Sunrun is also confusing as they are competitors here.
          I work with SunRun and came across this conversation. Hopefully I can clear up the confusion. SunRun and SolarCity are two separate providers, each of which offers a way for homeowners to switch to solar without buying the panels. It's very similar to a lease. The companies collect the incentives and rebates in order to pass savings along to the homeowner. In general, a pre-paid option from SunRun will net out to less than what a cash deal would be after rebates and incentives. Plus, with this solar service (or leasing) model, you get free maintenance and monitoring. You get the benefits of solar power - fixed electric bills and clean energy - without the hassles of ownership. If you have additional questions you can also call 1-855-4SUNRUN and speak with someone live.
          [COLOR="#696969"]Home solar for a low upfront cost[/COLOR]

          Comment

          • Naptown
            Solar Fanatic
            • Feb 2011
            • 6880

            #20
            Originally posted by Eugener
            I work with SunRun and came across this conversation. Hopefully I can clear up the confusion. SunRun and SolarCity are two separate providers, each of which offers a way for homeowners to switch to solar without buying the panels. It's very similar to a lease. The companies collect the incentives and rebates in order to pass savings along to the homeowner. In general, a pre-paid option from SunRun will net out to less than what a cash deal would be after rebates and incentives. Plus, with this solar service (or leasing) model, you get free maintenance and monitoring. You get the benefits of solar power - fixed electric bills and clean energy - without the hassles of ownership. If you have additional questions you can also call 1-855-4SUNRUN and speak with someone live.
            How about getting someone other than a robot autoreply respond to my numerous requests to become a dealer.
            NABCEP certified Technical Sales Professional

            [URL="http://www.solarpaneltalk.com/showthread.php?5334-Solar-Off-Grid-Battery-Design"]http://www.solarpaneltalk.com/showth...Battery-Design[/URL]

            [URL]http://www.calculator.net/voltage-drop-calculator.html[/URL] (Voltage drop Calculator among others)

            [URL="http://www.gaisma.com"]www.gaisma.com[/URL]

            Comment

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