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Am considering adding solar to home

Posted on 1/24/18 at 4:27 pm
Posted by AUTimbo
Member since Sep 2011
3374 posts
Posted on 1/24/18 at 4:27 pm
Anyone on TD in the solar industry?
Pro's/Con's ?
I'll sit back and listen...TIA
Posted by Chad504boy
4 posts
Member since Feb 2005
179931 posts
Posted on 1/24/18 at 4:27 pm to
trashy af
Posted by Lakeboy7
New Orleans
Member since Jul 2011
28324 posts
Posted on 1/24/18 at 4:28 pm to
Sorry, the President wants you to power your home with oil.
Posted by CoachChappy
Member since May 2013
34335 posts
Posted on 1/24/18 at 4:30 pm to
I got solar panels when the state and fed were subsidizing it. Thanks everyone.
Posted by tokenBoiler
Lafayette, Indiana
Member since Aug 2012
5092 posts
Posted on 1/24/18 at 4:30 pm to
Better hurry.
Posted by Blob Fish
Member since Mar 2016
3091 posts
Posted on 1/24/18 at 4:30 pm to
quote:

Sorry, the President doesn’t want the government to pick winners and losers


FIFY
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
68469 posts
Posted on 1/24/18 at 4:30 pm to

Look into clean coal instead.
Posted by Lakeboy7
New Orleans
Member since Jul 2011
28324 posts
Posted on 1/24/18 at 4:33 pm to
quote:

the President doesn’t want the government to pick winners and losers



Like big oil, ok
Posted by idlewatcher
Planet Arium
Member since Jan 2012
98791 posts
Posted on 1/24/18 at 4:34 pm to
Enjoy your 100 years before you get your investment back baw

just joking, it's like 20+
Posted by Centinel
Idaho
Member since Sep 2016
46739 posts
Posted on 1/24/18 at 4:35 pm to
quote:

Like big oil, ok


Go look up subsidies to oil companies. Then look up subsidies to solar.

The Obama administration was most certainly picking winners and losers in the energy market.

And the one he picked still can't survive without massive government subsidies.
Posted by SUB
Silver Tier TD Premium
Member since Jan 2009
26335 posts
Posted on 1/24/18 at 4:36 pm to
Solar is too pricey right now to justify getting it unless you get huge tax credits / subsidies like LA used to do. Cheaper and more efficient solar panel is being developed, so I'll just wait til that happens.
Posted by TDcline
American Gardens building 11th flor
Member since Aug 2015
9504 posts
Posted on 1/24/18 at 4:37 pm to
I worked in solar for a few years. If the government was still subsidizing it, I’d say go ahead you can’t lose.

Now? I’m really not so sure. It would completely depend on your return on investment. Ask the company what it’s going to cost and to give you a breakdown of specifically when you would break even. Also, ask how long they warranty and ensure the panels and the installation, If they can’t answer those questions then you should walk away.
This post was edited on 1/24/18 at 4:38 pm
Posted by BigEdLSU
All around the south
Member since Sep 2010
20408 posts
Posted on 1/24/18 at 4:37 pm to
Yes. Don't lease.
Posted by Champagne
Sabine Free State.
Member since Oct 2007
56216 posts
Posted on 1/24/18 at 4:42 pm to
We don't know which state your home sits, but, unless the Govt subsidizes your investment, there's no way that it would be worth your money to do it all yourself.
Posted by AUTimbo
Member since Sep 2011
3374 posts
Posted on 1/24/18 at 4:48 pm to
quote:

Now? I’m really not so sure. It would completely depend on your return on investment. Ask the company what it’s going to cost and to give you a breakdown of specifically when you would break even. Also, ask how long they warranty and ensure the panels and the installation, If they can’t answer those questions then you should walk away.


Per the reps breakdown we are looking at 22 panels on back of roof. @ 43K. Gov subsidies @ $10K, State @ 7K. Could pay off but loan up to 15 yr if needed. 25 yr warranty.

Are better/more efficient panels on the horizon? Danger of Gov /state sudsidies being cut in near future?(South Carolina)

(edit for "I've seen better panels on the quad" post I'm sure is coming)

3,100 sq ft FWIW
This post was edited on 1/24/18 at 4:50 pm
Posted by Tigeralum2008
Yankees Fan
Member since Apr 2012
17754 posts
Posted on 1/24/18 at 4:50 pm to
I'm waiting for Elon to sell me some of those solar shingles
Posted by eScott
Member since Oct 2008
11376 posts
Posted on 1/24/18 at 4:57 pm to
How many houses have you owned?
Posted by Hangover Haven
Metry
Member since Oct 2013
34813 posts
Posted on 1/24/18 at 5:00 pm to
How old is your roof...?
Posted by SUB
Silver Tier TD Premium
Member since Jan 2009
26335 posts
Posted on 1/24/18 at 5:04 pm to
quote:

I'm waiting for Elon to sell me some of those solar shingles


so was I until he released their cost. It's a luxury item. They do look really nice though.
Posted by ItNeverRains
Offugeaux
Member since Oct 2007
28166 posts
Posted on 1/24/18 at 5:06 pm to
quote:

Like big oil, ok


If I show you a video with Trump calling OPEC a cartel, will you admit to being the fricking dumbass you really are?
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