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re: Rooftop Solar is about to collapse -Time Mag.

Posted on 1/29/24 at 3:42 pm to
Posted by sicboy
Because Awesome
Member since Nov 2010
77649 posts
Posted on 1/29/24 at 3:42 pm to
quote:

They're only a good deal if someone else pays for them.


We asked our real estate agent about this. Her exact words, "if you ever plan on selling this place, not a good investment".
Posted by billjamin
Houston
Member since Jun 2019
12872 posts
Posted on 1/29/24 at 3:42 pm to
quote:

What Size Solar System do you have?

He has to be close to 100% offset if not a little higher. Typically you can’t interconnect more than 100 -110%.

Unless you confuse the shite out of the mostly dumb utility worker and you end up with 300% like my ranch system.
Posted by Billy Blanks
Member since Dec 2021
3824 posts
Posted on 1/29/24 at 3:43 pm to
Thank goodness. Good riddance to this con artist industry.
Posted by num1lsufan
Meraux
Member since Feb 2004
1209 posts
Posted on 1/29/24 at 3:43 pm to
The true cost of solar panels exceed the lifetime savings on your electric bill.

Exactly
Posted by Billy Blanks
Member since Dec 2021
3824 posts
Posted on 1/29/24 at 3:43 pm to
quote:

It's real simple.
The true cost of solar panels exceed the lifetime savings on your electric bill.
They're only a good deal if someone else pays for them.

Posted by num1lsufan
Meraux
Member since Feb 2004
1209 posts
Posted on 1/29/24 at 3:44 pm to
I've always wondered what happens when you need a new roof when you have solar panels mounted on it? I am sure having to remove all the panels then put them back would not be cheap and not government subsidized either.

Yes.. I have wondered the same thing.
Posted by billjamin
Houston
Member since Jun 2019
12872 posts
Posted on 1/29/24 at 3:46 pm to
quote:

Yes.. I have wondered the same thing.

R&R is about 2k. Any reputable company won’t put them over a shitty roof, especially when the cost of the roof under the PV system can get rolled into the ITC. Anyone underwriting loans or leases for these require a roof condition survey before funding the install.
Posted by billjamin
Houston
Member since Jun 2019
12872 posts
Posted on 1/29/24 at 3:48 pm to
quote:

Good riddance to this con artist industry.

The cost of capital squeeze is forcing all the shitty players out and will hopefully suppress the customer acquisition cost. The sales bros have owned the biggest part of the cost stack for too long. It’s bad then the top 100 sun run sales reps made more than the CEO.
Posted by SpotCheckBilly
Member since May 2020
6625 posts
Posted on 1/29/24 at 3:50 pm to
quote:

Do the make high powered electric motorcycles? I can ride a bike but I can't shift a motorcycle. This is the only thing stopping me from getting one. Like an electric Ducati?


Long Way Up
Posted by SaintEB
Member since Jul 2008
22820 posts
Posted on 1/29/24 at 3:52 pm to
quote:

quote:
Do the make high powered electric motorcycles? I can ride a bike but I can't shift a motorcycle. This is the only thing stopping me from getting one. Like an electric Ducati?


Long Way Up


You didn't tell me that link send me to CNN. Yuck.
Posted by Scuttle But
Member since Nov 2023
1301 posts
Posted on 1/29/24 at 3:59 pm to
quote:

I've always wondered what happens when you need a new roof when you have solar panels mounted on it? I am sure having to remove all the panels then put them back would not be cheap and not government subsidized either.

Yes.. I have wondered the same thing


The answer are true Solar roofs like what Tesla is doing. There still too expensive for most homeowners though.
Posted by Korkstand
Member since Nov 2003
28738 posts
Posted on 1/29/24 at 4:00 pm to
quote:

Thank goodness. Good riddance to this con artist industry.
The solar industry isn't going anywhere. If the con artists get shut down the industry will thrive and ROIs will improve.
Posted by billjamin
Houston
Member since Jun 2019
12872 posts
Posted on 1/29/24 at 4:03 pm to
quote:

The solar industry isn't going anywhere. If the con artists get shut down the industry will thrive and ROIs will improve.

Most people have no idea what the cost stack looks like. Good equipment is about $1/W wholesale.
Posted by iwyLSUiwy
I'm your huckleberry
Member since Apr 2008
34746 posts
Posted on 1/29/24 at 4:09 pm to
quote:

quote:

Then too there are the vulnerability issues. They don't do well in hail storms or hurricanes.





That is some large hail. It takes a some strong hail to do that to a solar panel. That hail would have beat an asphalt shingle to hell and back and that metal roof underneath the solar is 100% getting replaced.
Posted by iwyLSUiwy
I'm your huckleberry
Member since Apr 2008
34746 posts
Posted on 1/29/24 at 4:13 pm to
quote:

I've always wondered what happens when you need a new roof when you have solar panels mounted on it? I am sure having to remove all the panels then put them back would not be cheap and not government subsidized either.

Yes.. I have wondered the same thing.




My answer from earlier...

quote:

95% when someone gets a new roof, it's because insurance is paying for it. Insurance pays to "detach and reset" solar panels. They'll pay for new panels themselves if they are damaged by the storm but will only pay to take them down and reinstall if they aren't damaged.

Seen insurance companies not pay for the section where the solar panels are though since the shingles underneath weren't damaged from the storm. Most of the time we can get the whole roof paid for but crappy insurance companies like Allstate and State Farm will try to screw the homeowners and just do a partial replacement.

Posted by moneyg
Member since Jun 2006
56919 posts
Posted on 1/29/24 at 4:26 pm to
quote:

Ya'll love to hate on solar but mine paid for themselves in about 5 years.

It's nice having a $50 electric bill in the summer when it's 108 out and my neighbors are paying $500+





They are hideous though. I couldn't do that to my neighbors.
Posted by moneyg
Member since Jun 2006
56919 posts
Posted on 1/29/24 at 4:33 pm to
quote:

Who gives a shite about what the "true cost" is from an individual perspective? He paid $5k. That is what matters to this individual. Yeah, tax dollars subsidized it, but that is not part of this equation.
Posted by moneyg
Member since Jun 2006
56919 posts
Posted on 1/29/24 at 4:35 pm to
quote:

And you went there.... Do you have a clue how to discuss a topic in a normal way? Have you been on message boards too long to act fricking normal?

I never said anything political. I explained the other guy's argument to you as if you were a 3rd grader so you would understand.

You lose and then just start up with juvenile shite. You act like this every time you are set straight?




You owe about 100k for each person in your household because of spending like this. It absolutely matters.

Posted by billjamin
Houston
Member since Jun 2019
12872 posts
Posted on 1/29/24 at 4:40 pm to
quote:

You owe about 100k for each person in your household because of spending like this. It absolutely matters.

The investment tax credit is no different than people getting to right off mortgage interest. Some of y’all need a lesson on direct pay versus tax rebates.
Posted by iwyLSUiwy
I'm your huckleberry
Member since Apr 2008
34746 posts
Posted on 1/29/24 at 4:57 pm to
quote:

They are hideous though. I couldn't do that to my neighbors.


Also the average OTers roof:

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