Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
They’re often cost-effective over a period of several years if not longer and involve money put up out front.
Not cost effective if your SFH is build right next to an apartment building and half of your roof is in permanent shadow, or if your roof doesn't have the square footage, or if your roof doesn't have south-facing side. The latter may be not an issue later if solar prices drop more. Also not cost effective if you're planning to rent it out and not live yourself.
Not cost effective if your SFH is build right next to an apartment building and half of your roof is in permanent shadow, or if your roof doesn't have the square footage, or if your roof doesn't have south-facing side. The latter may be not an issue later if solar prices drop more. Also not cost effective if you're planning to rent it out and not live yourself.
Obviously, I was talking about the general case, but if you want to go into specifics, then the specifics are in the regulations posted which have a lot of carve outs and alternative uses for when solar panels do not work. I'm not going to list every single permutation of circumstances because that would take a really long time.
Does NYC allow for renting to others with electrical utilities built into (essentially a flat fee) the rental price?
Anyhow, the price for solar has dropped an incredible amount over the last decade. I reckon there's a lot of people who haven't checked recently.
What's been sitting on every roof in Israel for decades no matter the size of the home?
You do realize Israel has far more clear sunny days on average than NYC area; you realize that, don't cha?
This is just more liberal hippy-dippy green stuff being pushed of of Manhattan; a place where few own their homes and thus are well insulated (via rent regulation, subsizied housing or whatever) from true costs of housing
OTOH out on SI and other places where people earn and buy their own homes are now going to be forced to deal with this hot mess.
Obviously, I was talking about the general case, but if you want to go into specifics, then the specifics are in the regulations posted which have a lot of carve outs and alternative uses for when solar panels do not work. I'm not going to list every single permutation of circumstances because that would take a really long time.
Does NYC allow for renting to others with electrical utilities built into (essentially a flat fee) the rental price?
Anyhow, the price for solar has dropped an incredible amount over the last decade. I reckon there's a lot of people who haven't checked recently.
Again, if solar made financial sense in NYC, you wouldn't have to 'mandate' anything. People would voluntarily install the systems. Perhaps in a few years it will, but it doesn't now in most cases. The few people who have it now did it purely for environmental reasons, not economic. They are not making money on it. You'd also see the houses south of NYC having them everywhere, but its not happening. Maryland solar install is about ~15-20% cheaper than NYC (after all of the tax credits), AND it has more solar days, and it still doesn't make sense there. Despite tax credits, cost of electricity, depreciation, 0% interest loans, etc. it is still not worth it for an average home owner. Trust me, a lot of people actually are doing the math. The prices you see solar companies quote are pure propaganda too. Even googling most sites claim solar in NY is like $3.20 cent per watt, but when you actually call them the cost balloons to about $4.50 per watt. The "average" $3.20 price they are quoting is for huge installations like what a WalMart's roof can support. If they manage to bring install costs down by about 50% and then price per watt down by another ~40%, you'd get the math of what current Arizona residents get, which barely maaaybe makes financial sense in certain use cases.
If you can get a 10kW system at about $5-7k (not $25k) at $2 per watt (not $4.50) talk to me. At these prices the math does make sense for almost everyone with a good roof area.
You do realize Israel has far more clear sunny days on average than NYC area; you realize that, don't cha?
This is just more liberal hippy-dippy green stuff being pushed of of Manhattan; a place where few own their homes and thus are well insulated (via rent regulation, subsizied housing or whatever) from true costs of housing
OTOH out on SI and other places where people earn and buy their own homes are now going to be forced to deal with this hot mess.
I've seen numerous homes on the Island that have them.
I've seen numerous homes on the Island that have them.
There are some homes in NYC that have them too. They either got some very good one-off promo deals, they themselves are employed by a solar company, or they are doing it for environmental reasons. They are not financially worth it.
Again, if solar made financial sense in NYC, you wouldn't have to 'mandate' anything. People would voluntarily install the systems. Perhaps in a few years it will, but it doesn't now in most cases. The few people who have it now did it purely for environmental reasons, not economic. They are not making money on it. You'd also see the houses south of NYC having them everywhere, but its not happening. Maryland solar install is about ~15-20% cheaper than NYC (after all of the tax credits), AND it has more solar days, and it still doesn't make sense there. Despite tax credits, cost of electricity, depreciation, 0% interest loans, etc. it is still not worth it for an average home owner. Trust me, a lot of people actually are doing the math. The prices you see solar companies quote are pure propaganda too. Even googling most sites claim solar in NY is like $3.20 cent per watt, but when you actually call them the cost balloons to about $4.50 per watt. The "average" $3.20 price they are quoting is for huge installations like what a WalMart's roof can support. If they manage to bring install costs down by about 50% and then price per watt down by another ~40%, you'd get the math of what current Arizona residents get, which barely maaaybe makes financial sense in certain use cases.
If you can get a 10kW system at about $5-7k (not $25k) at $2 per watt (not $4.50) talk to me. At these prices the math does make sense for almost everyone with a good roof area.
This forum might be a good place to figure the actual numbers out. I also read $3.20 for residential rooftop, but haven’t heard of it being actually 40% higher than that across the board. When did you actually get someone in to do the quote and did you try multiple companies? I know homeowners in New Jersey and it made financial sense to them and a friend who recently bought a home on the Island is saving up to go through with installing a system for their home (they insist that purchasing it is how it makes financial sense), but maybe something is different within NYC even if those right outside the borders see it as a good economic proposition. Are our net metering policies radically different? Are our electricity rates much lower?
This forum might be a good place to figure the actual numbers out. I also read $3.20 for residential rooftop, but haven’t heard of it being actually 40% higher than that across the board. When did you actually get someone in to do the quote and did you try multiple companies? I know homeowners in New Jersey and it made financial sense to them and a friend who recently bought a home on the Island is saving up to go through with installing a system for their home (they insist that purchasing it is how it makes financial sense), but maybe something is different within NYC even if those right outside the borders see it as a good economic proposition. Are our net metering policies radically different? Are our electricity rates much lower?
Don't bother, the people you are in dialogue with have not received any quotes for themselves
The industry wouldn't even exist if it was not beneficial somehow, or are people simply just buying and not doing research (I don't think so when it comes to such a big purchase)
Recently, sombody revived a thread on geothermal heating. Now that you will never see in any home under 7 figures in NYC, its simply too expensive to install and eons to recoup, that will never be made law
__________________
"The man who sleeps on the floor, can never fall out of bed." -Martin Lawrence
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
