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Posted on 5/7/14 at 11:14 am to LSUWhoDat
Are you putting them on your roof or in an array on your yard? The roof saves space, but the array allows the panels to move to follow the sun, easier access for maintenance, and higher energy yields.
Posted on 5/7/14 at 11:17 am to Displaced
quote:
most of the companies offer 100% waranty on the system. hopefully most of this is covered.
Better hope they stay in business
Posted on 5/7/14 at 11:20 am to LSUWhoDat
Congrats
Price itout next time I do 3-4 yr paybacks
Price itout next time I do 3-4 yr paybacks
Posted on 5/7/14 at 11:26 am to LSUDav7
You better make sure those panels are UL listed or you won't be getting any credits.
Posted on 5/7/14 at 11:43 am to LSURussian
quote:
The average is about 12 years.
Considering the average American doesn't live in the same house this long, I can't see how this is a wise investment.
Posted on 5/7/14 at 11:54 am to TDsngumbo
The guy told me 4.5 yrs and it pays for itself. Total cost is $25k. I only pay $5k and they financed me no interest no payment for 18 months. So I can wait until I get the tax credits to pay for it. I usually get about $4k back come tax time so I'll just throw that on it and pay it all off.
Posted on 5/7/14 at 11:56 am to LSUWhoDat
It's all going on my roof and can't be seen from the street. They guaranteed I will save $100 a month
Posted on 5/7/14 at 11:58 am to LSUWhoDat
quote:
The guy told me 4.5 yrs and it pays for itself. Total cost is $25k
quote:
guaranteed $100 per month savings
something about this math doesn't seem to add up?
Posted on 5/7/14 at 11:59 am to LSUWhoDat
Did you check to see if your homeowners insurance covers the replacement if a hurricane rips them off of your roof?
Posted on 5/7/14 at 12:02 pm to LSUWhoDat
quote:
They guaranteed I will save $100 a month
jeezum, how big is your house and how much are your power bills?
Posted on 5/7/14 at 12:02 pm to Displaced
Better check your homeowers to see if storm damage to the panels is covered.
Posted on 5/7/14 at 12:04 pm to Doldil
quote:
something about this math doesn't seem to add up?
Everything about that math doesn't add up.
Posted on 5/7/14 at 12:04 pm to Mr Fusion
quote:
My question is what do you do when its time to repair/replace the roof. How do the mexicans get shingles under the panels?
My neighbors roof sheathing is rotting from water leaking under the shingles where the panel mounting screws penetrated the roof, and the company that did the install is no longer in business. The solar panel business is turning out to be like the vinyl siding industry the 1970s.
Posted on 5/7/14 at 12:08 pm to Doldil
$25k - $20k in tax credits = $5k
4.5 yrs = 54 months
54 months x $100 = $5400
Sorry I didn't break it down for everyone. I didn't think it was that difficult
4.5 yrs = 54 months
54 months x $100 = $5400
Sorry I didn't break it down for everyone. I didn't think it was that difficult
Posted on 5/7/14 at 12:11 pm to LSUWhoDat
quote:
$25k - $20k in tax credits = $5k
4.5 yrs = 54 months
54 months x $100 = $5400
Sorry I didn't break it down for everyone. I didn't think it was that difficult
Sorry, I read it as you paid $5k up front and financed the rest, but I see it now...
Posted on 5/7/14 at 12:11 pm to LSUWhoDat
Just get ready to bend over when you have to replace the bank of batteries that take up half of your garage at $250 each......
Posted on 5/7/14 at 12:11 pm to LSUWhoDat
My insurance covers the panels and my rates did not go up. I have Allstate. This company is a construction company who has been in business since the early 90's. 25 yr warranty
Posted on 5/7/14 at 12:13 pm to STBTigerr
quote:
I read it as you paid $5k up front and financed the rest
same...glad to see that wasn't the case
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