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Old 11-25-2014, 09:29 PM   #1
ivanputski
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Im a natural born skeptic. Leasing solar panels seems like signing up for a time share in the 80's

( no disrespect to those that lease solar panels)
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Old 11-25-2014, 09:58 PM   #2
rickhern
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I rep SolarCity and the plans being offered to day are pretty amazing. If you can secure financing(there are dedicated solar loans available) and have the income to support the 30% tax credit, the purchase is the way to go. Most companies will offer a 20 year(or londer) warranty on the equipment.

If you decide to "Lease", look at a PPA vs a traditional lease. With a PPA(Power Puchase Agreement) you agree to purchase the electricity that the panels produce. If the panels break or do not produce what they expected, you are not on the hook. Either way can work out very well.

If you want a second opinion, call SolarCity or send me an email with your 12 mth usage and I will have someone put together a proposal for you.
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Old 11-25-2014, 10:00 PM   #3
beamie
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Watching the American Forces Network AFN often see a cllip from Nellis AFB where they boast of a 72,000 panel solar array that saves 25% of the annual electical cost or a bit over 1 millions dollars a year.

THE COST OF THE PROJECT WAS ABOUT 107MIL........who signed off on this project

Jon, 24' Nauset-Green Topsides, Beamie, North River. Channel 68/69. MSBA, NIBA
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Old 11-25-2014, 10:01 PM   #4
rickhern
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Quote:
Originally Posted by ivanputski View Post
Im a natural born skeptic. Leasing solar panels seems like signing up for a time share in the 80's

( no disrespect to those that lease solar panels)
Posted from my iPhone/Mobile device
How so?

Zero cost to the consumer and a reduced electricity bill, with the added benefit of reducing your carbon footprint.
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