Anyone dealt with LGCY Power (Solar Panel Installers)?

Smells like BS

If it's no out of pocket cost then they are either offering a power purchase agreement or 100% financing. The only other industry option I am aware of is Tesla's solar rental.

I let some sales guy drop his pitch a couple years ago.. they wanted to finance the panels and system out for 10 years... surprise mono/polycrystalline effective lifetime drops 20% after the first 10 years and degrades pretty quickly after that.

At current rates I can't see how this ever reaches a net gain for the consumer....

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Supposedly no out of pocket costs. Anyone have experience with them?

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They are selling you a lease on the equipment.

The make more money on the rebates if you lease it from them vs you buying it and getting those rebates.

Basically they will set you up with a long-term $50-$70 monthly lease. You will probably save that per month in your utility bill so it’ll be a net of $0 for you, but, hey, you’re doing your part by saving the environment.

The company then applies for all the rebates and other tax right offs and makes money (ROI) on the installed system after a year, while you are paying them a 20 year lease. Huge boon for those Solar installers,

I would rather you buy the equipment and DIY with a good contractor using two passive tracking poles and micro-inverters; a 6 kW system that will generate 700-1100 kW/hr per month.

If you have room, and want to max out the incentive, you can get a 9-12kW system for $25K installed, but you would get $20K back on your next tax return. Net of $5K out of pocket and completely paid back after 2-3 years of power savings.

9-12kW system on tracking poles would generate 1600-3000 kW/hr per month depending on where you live in the US.

These are battery-less 100% net-metering systems which send everything you generate back to the grid. Batteries are the most unreliable component and the most expensive. If you want 24-7 power, add a natural gas generator that’ll cover you in power outages.

When the grid is down, the system will not send anything back, and you don’t want to run anything in your home straight off the microinverters.