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Old 03-07-2018, 03:35 PM
 
2,771 posts, read 4,532,295 times
Reputation: 2238

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Quote:
Originally Posted by MTAtech View Post
First, there is no maintenance.
Second, they aren't unsightly -- but that's a matter of taste.
Third, it's a standard financial calculation. If electricity rates never go up for the next 25 years, you would have spent $45,000 on electricity. Alternatively, you could spend $10,000 or so now, and have essentially no electric costs. The $10,000 can be financed over 10-15 years at a positive cash flow.

If you don't care about $50-75 a month, there are many charities that would be willing to accept that money.
Finance $10,000 over 15 years? Even at 8% rate, it will cost you OVER $25,000
$25,000 divide that by $150 (my average monthly electric bill) 166 Months or 13 years Just to break even.

No thanks! Don’t need my house looking like a spaceship.
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Old 03-08-2018, 10:09 AM
 
2,589 posts, read 1,826,422 times
Reputation: 3402
Quote:
Originally Posted by Spanky25 View Post
Finance $10,000 over 15 years? Even at 8% rate, it will cost you OVER $25,000
$25,000 divide that by $150 (my average monthly electric bill) 166 Months or 13 years Just to break even.

No thanks! Don’t need my house looking like a spaceship.
Huh? Where do you get that math? At 8% it would be $95.57/mo for a total of $17,202 over 15 yrs ...not quite anywhere near $25k. And anyone paying 8% for a system right now must have a FICO score of 400 and probably shouldn't be financing ANYTHING. Most offers are from 2.9-4.9%. Even at 5% $14,234 total), it's $79/mo for almost free electricity and a 15 yr hedge against PSEG annual rate increases. Spaceship?! What a hoot. No one even knows I have panels except on the extension and they look just fine to me. Kind of cool even, and they are all over the neighborhood anyway. My Levitt spaceship. I'm like Elon Musk. Yee haa.
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Old 03-08-2018, 11:57 AM
 
2,771 posts, read 4,532,295 times
Reputation: 2238
Quote:
Originally Posted by monstermagnet View Post
Huh? Where do you get that math? At 8% it would be $95.57/mo for a total of $17,202 over 15 yrs ...not quite anywhere near $25k. And anyone paying 8% for a system right now must have a FICO score of 400 and probably shouldn't be financing ANYTHING. Most offers are from 2.9-4.9%. Even at 5% $14,234 total), it's $79/mo for almost free electricity and a 15 yr hedge against PSEG annual rate increases. Spaceship?! What a hoot. No one even knows I have panels except on the extension and they look just fine to me. Kind of cool even, and they are all over the neighborhood anyway. My Levitt spaceship. I'm like Elon Musk. Yee haa.
OK, if I use Your math. It goes back to my original reply: TO SAVE $50-$75 per month.
No thanks! Those things look horrible! AND I don’t have to finance anything. I’ll donate my $50
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Old 03-08-2018, 12:26 PM
 
2,589 posts, read 1,826,422 times
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Quote:
Originally Posted by Spanky25 View Post
OK, if I use Your math. It goes back to my original reply: TO SAVE $50-$75 per month.
No thanks! Those things look horrible! AND I don’t have to finance anything. I’ll donate my $50
It's not my math. It's just math.
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Old 03-09-2018, 05:35 AM
 
2,771 posts, read 4,532,295 times
Reputation: 2238
Quote:
Originally Posted by monstermagnet View Post
It's not my math. It's just math.
Don’t know if they are available yet in the USA. But, did you see they now make solar roof shingles.
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Old 03-10-2018, 07:58 PM
 
Location: Long Island, NY
85 posts, read 75,805 times
Reputation: 143
Quote:
Originally Posted by Spanky25 View Post
Don’t know if they are available yet in the USA. But, did you see they now make solar roof shingles.
They have been around for years already a good 10 years prob a bit more. I haven’t looked into them for quite a few years but the shingles weren’t the most effective and very expensive. Good to use as an adjunct within a design.
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Old 03-12-2018, 02:45 PM
 
Location: Nassau County
5,292 posts, read 4,772,847 times
Reputation: 3997
Quote:
Originally Posted by Spanky25 View Post
Don’t know if they are available yet in the USA. But, did you see they now make solar roof shingles.
They are insanely expensive. Like 150k a roof expensive.
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Old 03-12-2018, 03:37 PM
 
39 posts, read 57,723 times
Reputation: 21
What if you are in need of a roof repair down the road? Can they remove panels in order to make repairs?
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Old 04-04-2018, 08:59 AM
 
Location: Long Island, NY
19,792 posts, read 13,951,723 times
Reputation: 5661
Quote:
Originally Posted by Seadale77 View Post
What if you are in need of a roof repair down the road? Can they remove panels in order to make repairs?
My roof needed repair after Hurricane Irene. Fortunately, the panels were not damaged.

I had a solar contractor move the panels to an unaffected part of the roof while the roofers worked. Then, the solar people put them back.

I also think having solar panels shading the roof makes the roof last longer, since it's shaded from the run, somewhat out of the rain and wind -- although, I have no proof.
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Old 04-04-2018, 09:20 AM
 
Location: Long Island, NY
19,792 posts, read 13,951,723 times
Reputation: 5661
Quote:
Originally Posted by peconic117 View Post
They are insanely expensive. Like 150k a roof expensive.
https://news.energysage.com/tesla-so...-solar-panels/
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