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re: Solar thread (yes, energy from the sun)

Posted on 4/8/14 at 2:56 pm to
Posted by Lester Earl
Member since Nov 2003
278663 posts
Posted on 4/8/14 at 2:56 pm to
quote:

The biggie is the Louisiana refundable credit. They'll pay you half of your installed cost (up to $12,500 total incentive)

Then there is te federal 30% of job cost tax credit.



does anyone qualify?
Posted by BigEdLSU
All around the south
Member since Sep 2010
20268 posts
Posted on 4/8/14 at 2:57 pm to
Some states are at that level now.

I do agree however that 30% capacity should not be a goal, just the maximum.

Relative to Louisiana, the PSC has rules that utilities can shut down after only 0.5% of their grid is solar.

Three utilities have ended net metering already, and entergy is getting damn close.
This post was edited on 4/8/14 at 2:57 pm
Posted by BigEdLSU
All around the south
Member since Sep 2010
20268 posts
Posted on 4/8/14 at 2:57 pm to
Anyone who pays for the job to go on a "single family detached dwelling in Louisiana"
Posted by BigEdLSU
All around the south
Member since Sep 2010
20268 posts
Posted on 4/8/14 at 2:59 pm to
Depends on the system type. Battery systems generally need battery replacements every 10-12 years.

Non battery systems are fully under warranty that entire time and only need to be cleaned off about twice annually.
Posted by blueboy
Member since Apr 2006
56452 posts
Posted on 4/8/14 at 2:59 pm to
quote:

That's the basic concept of solar.
Then why isn't my neighborhood a forest of solar panels?
Posted by RockyMtnTigerWDE
War Damn Eagle Dad!
Member since Oct 2010
105446 posts
Posted on 4/8/14 at 2:59 pm to
Is there a way for Solar Flares to be accurately predicted?

Posted by BigEdLSU
All around the south
Member since Sep 2010
20268 posts
Posted on 4/8/14 at 3:00 pm to
People think it's bullshite honestly.
Posted by Lester Earl
Member since Nov 2003
278663 posts
Posted on 4/8/14 at 3:00 pm to
so if i own a double shotgun im not eligible?
Posted by Clyde Tipton
Planet Earth
Member since Dec 2007
38768 posts
Posted on 4/8/14 at 3:00 pm to
quote:

Solar thread (yes, energy from the sun


Been had that...



But seriously, for your average 4 person family in a 2500 sq. ft home, what are we looking at? Upfront/out of pocket total cost, then the bottom line after tax credits...
Posted by BigEdLSU
All around the south
Member since Sep 2010
20268 posts
Posted on 4/8/14 at 3:01 pm to
Exactly. They excluded duplex's and apartments last legislative session.
Posted by BigEdLSU
All around the south
Member since Sep 2010
20268 posts
Posted on 4/8/14 at 3:01 pm to
Read my response to Lester on page one. Show me your electric bill and I can answer you.
Posted by RockyMtnTigerWDE
War Damn Eagle Dad!
Member since Oct 2010
105446 posts
Posted on 4/8/14 at 3:03 pm to
Oops nevermind, I see my original question probably doesn't fall under hooking a home up for solar power.
Posted by moneyg
Member since Jun 2006
56666 posts
Posted on 4/8/14 at 3:03 pm to
quote:

Give the bank $5k today.

Each year for te next 25 years tge bank will pay you $1,250.



4 year break even point?
This post was edited on 4/8/14 at 3:06 pm
Posted by Jimmy2shoes
The South
Member since Mar 2014
11004 posts
Posted on 4/8/14 at 3:03 pm to
quote:

But seriously, for your average 4 person family in a 2500 sq. ft home, what are we looking at? Upfront/out of pocket total cost, then the bottom line after tax credits...


This ....and how much drilling do you do to attach all those panels to the roof?

Do you sell American panels or are they from Red China?
Posted by BigEdLSU
All around the south
Member since Sep 2010
20268 posts
Posted on 4/8/14 at 3:03 pm to
Posted by BigEdLSU
All around the south
Member since Sep 2010
20268 posts
Posted on 4/8/14 at 3:06 pm to
Yup
Posted by Jet12
Tweet, tweet, tweet, two steps.
Member since Nov 2010
20554 posts
Posted on 4/8/14 at 3:07 pm to
quote:

Do you sell American panels or are they from Red China?

Wondering this also. Who makes your panels?

I've been thinking about getting into the solar industry. Just curious.
Posted by BigEdLSU
All around the south
Member since Sep 2010
20268 posts
Posted on 4/8/14 at 3:08 pm to
Brother, when I tell you I took off work for a month last summer to fight the politicians and the lobbyists over that exact issue, I ain't lying,

We won too. Tge state, as of January this year, won't rebate foreign made equipment

I've always sold American made stuff
Posted by Clyde Tipton
Planet Earth
Member since Dec 2007
38768 posts
Posted on 4/8/14 at 3:08 pm to
Ok so, 30K to 35K upfront cost.

Then minus 30% from the government, so lets say 10K.

Then $12,500 from the state as per the limt...

So in the end we are looking at putting up 32.5K upfront, and getting 22.5K back after taxes? I assume it's a tax credit the following year?
Posted by BigEdLSU
All around the south
Member since Sep 2010
20268 posts
Posted on 4/8/14 at 3:10 pm to
Lots of drilling on the roof, if you get a roof install. I recommend it. It's cheaper, and stronger.

In south la, you need hurricane resistant stuff. You'll either have to anchor hard to the frame of your house (dozens of lag bolts into your rafters, through the shingles) or thousands of pounds of concrete underground to keep your ground rack firm.

Personally, I'd never trust anyone to do this that wasn't experienced, insured, licensed (duh) but most importantly local and established.

Let an out of town rebate chaser install it for $50 cheaper and you'll regret it
This post was edited on 4/8/14 at 3:11 pm
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