Solar Panels ???? (Phoenix, Surprise: house, buying, utilities)

[AZ Manager]

Originally Posted by jimj

And your solar system was free?

Post #6 says what I paid and how much I'm saving a year. That is entirely irrelevant when purchasing a home with solar. Even if there is a loan on the solar it is paid off when you buy.

What a stupid comment.

[jimj]

Originally Posted by AZ Manager

Post #6 says what I paid and how much I'm saving a year. That is entirely irrelevant when purchasing a home with solar. Even if there is a loan on the solar it is paid off when you buy.

What a stupid comment.

Actually no, post #6 shows a bunch of different numbers but NOT what you actually paid. What a STUPID answer... If you were somehow in your circular answer trying to say that your system cost you $8k and saves you that much from APS then I'd have to call B.S....

[AZ Manager]

Originally Posted by jimj

Actually no, post #6 shows a bunch of different numbers but NOT what you actually paid. What a STUPID answer... If you were somehow in your circular answer trying to say that your system cost you $8k and saves you that much from APS then I'd have to call B.S....

You are technically right, I didnt include the actual number because it is entirely irrelevant to the conversation for the reasons I stated in my last reply. However, I did include the math to figure it out.

A 3 year old system the owner has gotten about half of his ROI out of the system so I'd only value it at about $600 - $800 per kW installed

Using the math I provided you would come out to $13.1k - $17.4k (10.92 * $600 * 2 to 10.92 * $800 * 2) which I paid right in the middle of that at $16.5k.

Followed up a stupid, and completely off topic, comment with another one.

[jimj]

Originally Posted by AZ Manager

You are technically right, I didnt include the actual number because it is entirely irrelevant to the conversation for the reasons I stated in my last reply. However, I did include the math to figure it out.



Using the math I provided you would come out to $13.1k - $17.4k (10.92 * $600 * 2 to 10.92 * $800 * 2) which I paid right in the middle of that at $16.5k.

Followed up a stupid, and completely off topic, comment with another one.

Sorry, the original total cost does in fact matter,especially in today's world where there's no way in hell Solar pencils out, in other words, only APS and the Solar companies make out...

[AZ Manager]

Originally Posted by AZ Manager

Nothing wrong with owned solar, I wouldn't pay more for the home because owned solar is there though unless the system is under 3 years old and installed before Dec 2017 (ensure it is grandfathered). If it was installed in 2018 or later then it isn't grandfathered and the major benefits will evaporate BUT it isn't bad enough to avoid the home just don't pay more for it.

Originally Posted by jimj

Sorry, the original total cost does in fact matter,especially in today's world where there's no way in hell Solar pencils out, in other words, only APS and the Solar companies make out...

Original system cost does not matter for purchasing an owned solar house, the system will be 100% paid off when the sale closes. If the loan is paid off, or was paid in full when purchased, then what does the original cost matter? I addressed the major issue with newer systems in my post, quoted above. A grandfathered home will have the benefits of full net metering for 20 years after the system installation date. That means on a 3 year old system the solar still saves a ton of money for 17 more years and the grandfathering is transferable between owners, the property is grandfathered not the owner.

Get your blind anti-solar garbage out of here. It isn't relevant to the discussion at hand and it isn't as black and white as some fools try to make it seem.

New solar installs need to drop in price by about 20% from where they were 9 months ago and another 5% to 10% per year after this year over the next decade to make any sense. But we aren't discussing that here are we? The topic was buying a home with existing solar so the new rules that began at the end of last year aren't in effect, stay on topic.

[jimj]

Originally Posted by AZ Manager

Original system cost does not matter for purchasing an owned solar house, the system will be 100% paid off when the sale closes. If the loan is paid off, or was paid in full when purchased, then what does the original cost matter? I addressed the major issue with newer systems in my post, quoted above. A grandfathered home will have the benefits of full net metering for 20 years after the system installation date. That means on a 3 year old system the solar still saves a ton of money for 17 more years and the grandfathering is transferable between owners, the property is grandfathered not the owner.

Get your blind anti-solar garbage out of here. It isn't relevant to the discussion at hand and it isn't as black and white as some fools try to make it seem.

New solar installs need to drop in price by about 20% from where they were 9 months ago and another 5% to 10% per year after this year over the next decade to make any sense. But we aren't discussing that here are we? The topic was buying a home with existing solar so the new rules that began at the end of last year aren't in effect, stay on topic.

The OP was rather broad as were posts since so I was and am "on topic". I'll address topics as I see fit no matter what YOUR opinion is.
I don't tell you what or how to post so back it up bubba...

Not "blind anti-solar" in the least and in fact just bought a house with leased Solar and have done rather heavy research into the subject before and since and that led to the fact that unless one purchased a system years ago with all the rebates they don't pencil out.

Now if one buys a house with a fully prepaid Solar lease, a prepayment that is not made by the current owner or buyer then there is a reduction in the downside to Solar, a couple of downsides like when your roof has to be replaced (currently a $1700 charge to remove/replace system in our case) or the panels need cleaning (according to our lease they have to be cleaned by Solar company) or if your roof springs a leak due to the system/caulking etc it's on you.

If one buys a home with a system that's too small and/or doesn't meet your current needs then you're basically screwed so you'd better take that into account when looking at existing systems.

If one purchases a home and the price of said home is inflated due to Solar system/prepay then the benefits go away.
Anyone who buys into the Solar scam nowadays is NOT saving anything, it's just a lifestyle choice...

[jlawrence01]

I have yet t see a solar scheme where the savings from reduced energy usage exceeds the costs of the acquisition/installation of the system. I will admit that my average electricity bill is $45/ month.

If the investment does not have a positive ROI, I am not doing it.

[Scrapjockey]

AZ Manager: What is being "grandfathered"?

[AzScorpion12]

Originally Posted by Scrapjockey

AZ Manager: What is being "grandfathered"?

When they have increases or changes in the next 20 years, yours is "grandfathered" into the old price plan. So basically you're locked into the old rules and rates.

Also,it's the home that's grandfathered (not the customer) so if you're looking at homes and want solar look for one that's been grandfathered in.

[ShampooBanana]

Originally Posted by Gixxer1K

When they have increases or changes in the next 20 years, yours is "grandfathered" into the old price plan. So basically you're locked into the old rules and rates.

Also,it's the home that's grandfathered (not the customer) so if you're looking at homes and want solar look for one that's been grandfathered in.

Correct. I bought a house with solar and I was grandfathered in under the old net-metering rules. It's great. My electricity bill is essentially zero aside from the amount I pay for the leasing of the panels, which is still far less than my energy costs would be going straight through APS (especially since my house was built in the 50's and is a larger home, so not inherently energy efficient). Also, the fact that peak kw generation is in the summer when the sun is most intense makes up for the fact that AC usage, and thus power usage, is higher in the summer also.