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Old 07-11-2022, 12:56 PM
davidmash's Avatar
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Join Date: Mar 2002
Location: Arlington, TX
Posts: 53,500
Has anyone gone solar?

About once a year I let some solar company try and sell me on it. So far, done have been able to make it financially reasonable to pull the trigger. Today I talked with a rep from a company called Vivint. The pricing seems to make sense. There is no out of pocket. It's a 25 yr note on a $65k system with a 25 yr warranty. Any issues and they fix it. With the federal rebate of $17k, the note comes down to about $47k @ 1.98% interest so about $220 a month. Right now at $.13kWh which is the best rate I can find that is about my avg electric bill. I avg about 21,000kWh a yr.

If electric rates drop then I will be paying more for solar than if I shop around for electric. If they rates go up, I'm going to be saving money. My gut says the rates have to come down because too many people are being stretched to the limit or beyond with the increase in costs of fuel.

So anyone have solar and whats your experience ...reliability? Are you getting as much power as promised? This company is promising 100% offset. They have not done the site inspection yet and I have my doubts about that 100% with all the shade we have. Any regrets if you have solar?
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