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Old 03-31-2008, 10:15 AM
 
Location: Tucson, AZ
1,222 posts, read 4,571,140 times
Reputation: 858

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We went to a local solar concert/festival this weekend. Everything was solar powered and they had booths set up with info on other green things. There was a booth that advertised solar power for rent. I thought it was interesting, so I thought I'd share.

The company works in conjunction w/the electric provider here (unfortunately, not my provider as I live a little further out of town). They install solar panels on your house according to the size, usage, etc. So, this way, you don't have a huge lump payment to make upfront.

I'm not completely sure how the billing works (I need to read more about it), but essentially your energy bill (between your solar rental and electricity provider) should decrease. The electric company uses "net metering" so they can see how much solar energy you use, and any above that is available for their usage. I'm thinking that's how the rental company makes their money. Because my electric provider doesn't offer net metering, this program is not available for me.

Again, I'm not entirely solid on the details (as you can probably tell), but it does seem like a good program for those wanting to make the switch to solar but not able to afford shelling our $10,000 +.
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Old 04-02-2008, 03:23 PM
 
Location: Rural Central Texas
3,605 posts, read 9,280,805 times
Reputation: 5448
Any web sites on those brochures?
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Old 04-02-2008, 09:48 PM
 
Location: S. Utah/Las Vegas
47 posts, read 121,730 times
Reputation: 57
I saw one booth at a home improvement show and the company wanted to know if we had a minimum of $30,000 to invest before they'd let us participate. After doing the math, it would not be really worthwhile to install the panels and it would be hard to recoup the investment. I don't know if that's the case in every product or company but the more I look into it, the less I'm inclined to believe that you are able to "Sell power back" to the power companies. I think it needs a lot more research to prove it to me, but I'm hoping our innovative human species will find a way to harness all that is out there.
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Old 04-03-2008, 11:00 AM
 
Location: Tucson, AZ
1,222 posts, read 4,571,140 times
Reputation: 858
Default website

Quote:
Originally Posted by johnrex62 View Post
Any web sites on those brochures?
So, the website listed on this brochure is www.solarforrentevents.com. I haven't checked it out yet.

The benefits they list are:
- no upfront investment
- no waiting for rebates
- they handle permits, and a few others.

I get fuzzy when they start going on about the contract stuff.
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Old 04-04-2008, 06:22 AM
 
Location: Londonderry, NH
41,492 posts, read 51,367,509 times
Reputation: 24613
Power company contracts are always "fuzzy". Read and unsderstand before you sign anything. Get a lawyer if you do not understand any contract. Make certain that you will never be financially responsible for the cost of the installation.

I know this is basic economic survival but everybody need to be reminded once in a while.
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Old 04-08-2008, 12:24 AM
 
Location: Phoenix, AZ
6,220 posts, read 3,516,727 times
Reputation: 3830
Quote:
Originally Posted by mdtoaz View Post
We went to a local solar concert/festival this weekend. Everything was solar powered and they had booths set up with info on other green things. There was a booth that advertised solar power for rent. I thought it was interesting, so I thought I'd share.

The company works in conjunction w/the electric provider here (unfortunately, not my provider as I live a little further out of town). They install solar panels on your house according to the size, usage, etc. So, this way, you don't have a huge lump payment to make upfront.

I'm not completely sure how the billing works (I need to read more about it), but essentially your energy bill (between your solar rental and electricity provider) should decrease. The electric company uses "net metering" so they can see how much solar energy you use, and any above that is available for their usage. I'm thinking that's how the rental company makes their money. Because my electric provider doesn't offer net metering, this program is not available for me.

Again, I'm not entirely solid on the details (as you can probably tell), but it does seem like a good program for those wanting to make the switch to solar but not able to afford shelling our $10,000 +.
Thank you for posting this information. I found it most interesting. SRP, my power company offers net metering. I live in Phoenix and using solar panels on my house would make a lot of sense.

I'll have to sit down and do the math and see if it'd work for me because I have a gas water heater and gas heating.
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Old 04-08-2008, 08:27 AM
 
Location: Jax
8,204 posts, read 32,215,112 times
Reputation: 3397
In Ed Begley's new book, he talks about, and recommends, one of these "solar panels for rent" companies, here's a link:


The Citizenrē Corporation (http://www.citizenre.com/web/index.php - broken link)


Looks like the cost could be as little as $500 up front and then there's a monthly fee. I like the idea, as not everyone has access to $30k+ to purchase their own panels.
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Old 04-08-2008, 09:45 AM
 
Location: Tucson, AZ
1,222 posts, read 4,571,140 times
Reputation: 858
That's the same company that I listed above. As soon as you go to the link I posted it is Citizenre.

As far as the contracts, that's kind of a moot point for me right now, as my electric company does not offer net metering, therefore I don't qualify for the solar rental. In the future, if they do, I will be sure to read every word of the contract.
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Old 04-08-2008, 11:36 PM
 
Location: Jax
8,204 posts, read 32,215,112 times
Reputation: 3397
Quote:
Originally Posted by mdtoaz View Post
That's the same company that I listed above. As soon as you go to the link I posted it is Citizenre.
Oops! Sorry, I did not go far enough into your link! What can I say, great minds think alike!!
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