tvguy
Question anything the facts don't support.
- Joined
- Dec 15, 2003
- Messages
- 47,957
All the companies here warranty the entire system for 20 years, so that is enough time for everyone I have ever seen to pass the break even point. I went with a Power Purchase Agreement (PPA). I paid nothing for my panels, I just agree to buy all the power they produce at a preset price and sell surplus power to my utility at a lower price. I figure I am still saving $25 to $30 a month. Yes, batteries are crazy expensive. My utility figures my break even point for batteries is $7,000 ish. The lowest bid I got for ONE Tesla 3 Power Wall was $17,000. The bid for two came in at $28,000. One thing I am looking forward to is in 10 years, when my 20 year contract ends, I own my system free and clear and get all the power for free. That is assuming the system is still functioning.Yeah this truly frustrates me beyond belief.
I would go solar if it made sense - but it does not. The fees for delivery and other random fees are 50% of my bill.
You would think these power companies would make it reasonable and want to put panels on every home instead of building these giant solar farms that use up valuable farm land or windmills that are not all that good. If you produce extra electricity they buy it at a very discounted rate - so really not much value there - there was a time and if you have an older contract it can be much better.
We constantly have door to door solar sales people in my neighborhood - and they ignore the no soliciting signs. The claim they are providing information and not soliciting - *** is the difference. Ill never do business with them.
Many of my neighbors switched and found out that they are still paying the same per month between financing and delivery charges etc. Batteries are still crazy expensive and a fire hazard so we are still a ways from that being worthwhile IMO.
By the time they pay off the panels they will most likely need new ones. (10 years seems to be the payoff time period)
In other countries it does seem to be much better - they also have climates and travel distances that are better for Electric Vehicles - making solar panels more of a value as well.
Between temperatures and travel distances here even the newest electric vehicles just don't make sense for me. Again hopefully this is something that will work out in time as they improve them.