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Posted on 8/20/24 at 10:21 pm to Maillard
quote:
Hey y'all. Billjaman sells solar!
Lol no. I’m on the finance side and more focused on technical diligence. I’m the one the sales bros hate because I help make underwriting standards and commissioning standards.
Posted on 8/20/24 at 10:21 pm to billjamin
Originally thru Sunlight.
Posted on 8/20/24 at 10:21 pm to Nero
quote:
I believe they are out of Shreveport but looks like the main office may be in Florida
And they're the problem...
Posted on 8/20/24 at 10:22 pm to Nero
I really don’t intend to laugh at this situation so I won’t, but bubba you are screwed 
Keep soaking up the sun.
Keep soaking up the sun. Posted on 8/20/24 at 10:23 pm to Sao
Yes they are, lol. They are out of Shreveport but when I was researching online the look to be part of a bigger entity out of Florida.
Posted on 8/20/24 at 10:24 pm to Nero
quote:
How do you suggest I proceed? Contact a lawyer? Researching online a lot of suggestions to contact the solar company first to see if they will agree to something but I don’t see that happening.
I’d read your contract and make sure the original financier is actually out of business. That’s your best bet because the dealer agreements require a warranty to the finco and you want them putting pressure on the dealer (infenergy) to make it right because if you do have to lawyer up you then sue infenergy, the finco, the JV warehouse they put the asset in and the ABS if it’s made it that far. No one likes that so they’ll usually make them fix it. Also you might have an arbitration clause. I know most leases and PPAs do, but not 100% sure on loans because the standards are so much lower.
Posted on 8/20/24 at 10:28 pm to Nero
quote:
Originally thru Sunlight.
Oof ok that doesn’t make it easy but you still have options. You’ll have to raise hell through Launch and hope someone from whichever portfolio owner gets that message and takes its seriously. I image they will but you might have to put some work into it. That or you’ll need to file and find out which portfolio your loan is in and figure out who owns it now. I think three investment banks bought them and split it up.
Also, start dragging them all with the BBB if they don’t get back to you quick. It costs a lot of money to remove those claims usually.
Posted on 8/20/24 at 10:28 pm to Nero
So, break this down and just disclose WTF you're going through
Is it you're spending $300.00 more per month on KWh than traditional providers?
quote:
By my calculations I spent about 3k more last year with the panels.
Is it you're spending $300.00 more per month on KWh than traditional providers?
This post was edited on 8/20/24 at 10:35 pm
Posted on 8/20/24 at 10:28 pm to Nero
I think the concept behind Solar Panels is that it's a big upfront expense/capex, but over time after a decade or so, it pays off because there isn't a monthly energy bill. If you spent the money already, I'd just leave it.
If I were you, instead of a knee-jerk reaction, I'd sit through and find out how much exactly 10 years of energy bills from the grid will cost you, then compare it to how much you've spent/and or will spend getting it finished.
Make a smart decision, not knee jerk reaction... if you've already put money in it.
Let's say you're hypothetical average energy bill is $300 a month (just guessing). That's $3,600 a year. That's $36,000 over 10 years. Does this cost more or less than $36,000? Even if it's $40,000, maybe pays off after 11 to 12 years. You have to add in maintenance expense into solar, but have 0 idea if that's cheap or a lot. If it's only $20,000 today, then I'd just leave it.
If I were you, instead of a knee-jerk reaction, I'd sit through and find out how much exactly 10 years of energy bills from the grid will cost you, then compare it to how much you've spent/and or will spend getting it finished.
Make a smart decision, not knee jerk reaction... if you've already put money in it.
Let's say you're hypothetical average energy bill is $300 a month (just guessing). That's $3,600 a year. That's $36,000 over 10 years. Does this cost more or less than $36,000? Even if it's $40,000, maybe pays off after 11 to 12 years. You have to add in maintenance expense into solar, but have 0 idea if that's cheap or a lot. If it's only $20,000 today, then I'd just leave it.
This post was edited on 8/20/24 at 10:36 pm
Posted on 8/20/24 at 10:29 pm to Nero
Some smooth talking solar bro slid your wife the “every day the sun is shining, you’re losing money without solar” line and she took it hook, line, and sinker.
Posted on 8/20/24 at 10:29 pm to Nero
quote:
Far from being woke. I resisted but my wife somehow talked me into it.
Yeah that sweet poontang, right?
Right?
Posted on 8/20/24 at 10:31 pm to Nero
I’d also recommend trying to figure out if the system is underproducing or they overestimated production. It could honestly be either one. Loans and cash deals don’t have the strict design standards that the leases and ppas have so the sales bros lie their asses off and use shitty tools that don’t model in tree shade and things like that. Also they typically try to use cheaper equipment and shite I would never even consider for my approved equipment list. If you want to email me at username at gmail I can get back to you tomorrow if you want to send some system details. I can even simulate what the system should produce in my system (a service I only offer for TD baws with solar questions)
Posted on 8/20/24 at 10:35 pm to billjamin
quote:
I’d also recommend trying to figure out if the system is underproducing or they overestimated production. It could honestly be either one. Loans and cash deals don’t have the strict design standards that the leases and ppas have so the sales bros lie their asses off and use shitty tools that don’t model in tree shade and things like that. Also they typically try to use cheaper equipment and shite I would never even consider for my approved equipment list. If you want to email me at username at gmail I can get back to you tomorrow if you want to send some system details. I can even simulate what the system should produce in my system (a service I only offer for TD baws with solar questions)
You do realize chicken gets a 35% commission from this right?
Posted on 8/20/24 at 10:36 pm to Sampson
quote:
You do realize chicken gets a 35% commission from this right?
Peanuts compared to what Mormon solar sales bros get.
I do this for a discount on my premium membership.
This post was edited on 8/20/24 at 10:36 pm
Posted on 8/20/24 at 10:36 pm to billjamin
It does have an arbitration clause. So just call and harass Launch? Not the solar company? No lawyer?
Posted on 8/20/24 at 10:38 pm to Nero
quote:
It does have an arbitration clause. So just call and harass Launch? Not the solar company? No lawyer?
I’d start with launch but also try to figure out what’s going on with it. Which inverter(s) do you have?
Posted on 8/20/24 at 10:39 pm to Nero
I'd be more wary of arbitration than what you're dealing with period. Casinos don't lose money.
Posted on 8/20/24 at 10:44 pm to billjamin
I’ll have to check. I know the panels didn’t initially work once the power was approved to come on. Then once that was fixed they had to come back several times because not all were working. Then they did have to replace some inverters I believe. It’s been a lot. Wouldn’t be that big of a deal but my Entergy bills are still pretty high. There hasn’t been these almost zero bills or selling power back to Entergy.
Posted on 8/20/24 at 10:46 pm to Sao
The solar bill is around 240 a month. The problem is I’m still getting too high Entergy bills so comparing the year before without solar I paid about 3k more total. Not exact science but gave me a good idea.
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