We need to be fair to poor people by blocking them from profit

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Darwin333

Lifer
Dec 11, 2006
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The previously mentioned srec's. My system should pay for itself with in 8 years and then my srec credits should generate about 2k per year till around year 15, then it will generate around 1,250 per year. I can't remember the 20 year plus projection.
I still don't get the lease program you are talking about do you not sign a lease for it? Does the solar provider remove the used panels without a charge or a huge fight?
The leases we looked at were set in stone, no getting out of them a new buyer needs to accept the lease or you buy them out and their prices were a bit inflated. That's why there was a lien on the house.

Sorry, we don't have an Srec market here so I don't look at solar as a revenue generator but simply as a way to offset costs. Removing the panels is easy as sin but most of the guys doing leases around here simply turn off the inverter and lock it out, then end up paying more for your power bill versus the lease + reduced power bill. Panels are good for 30+ years at least and are the most expensive part of the system, the rest of it is more than paid for by the incentives alone.

Regardless, so long as the lease payment is less than the electrical savings I can't see a new owner not wanting to continue and every lease in my state has a prorated buyout that gets cheaper over the years.
 

Darwin333

Lifer
Dec 11, 2006
19,946
2,330
126
I genuinely don't understand. I was at my sister in law's place this summer for a gathering. They have a solar array. It was around noon on a hot sunny day. As she showed me, the meter was running backwards. Power was going to the grid as the house electrical system just did its thing.

I am over simplifying this but our electrical devices are fairly delicate. Using your sister in law as an example, if she wasn't connected to the grid and enough power to spin the meter backwards was fed into the house, where does the extra power go? It destroys what you have plugged in, pretty much the same thing when it's under powered. To make matters worse is the power is usually constantly fluctuating so you get the worst of both worlds. Then the system can't handle high starting amp loads of things like central AC kicking on. It's just not possible without some sort of battery in between to balance out the load.

Again, this is a really simplified explanation.