Greetings,
We would like to inquire if you stock or can help us get 123watt solar panel. Please advise your unit pricing as we would be buying upto 10 or 12 units of this material from you for our upcoming project.And also let us know the credit card type you welcome for payment.
Thanks for your anticiapted business relationship and cooperation.
Sincerely,
Charles Clayton
Managing Director.
Clayton Roofing.
210 River Knoll Drive, Mayville, WI 53050
Tel:801-316-0296
Email:claytonroofers@gmail.com or claytonroof@gmail.com
The above inquiry seems to be a scam.
kwh
How do you calculate “your system will pay for itself in only about 8 years” if you save $642 the first year. If you multiply $642 * 8 years you only get $5,136 in savings. Even if you figue your second number (1,300kWh / month at a rate of $0.0946/kWh) that actually comes out to $122/month * 12 = $1475.76/year for an 8 year total of $11,806.08. Please show a breakdown to justify $27,000 cost and the actual payback period. Thanks.
Is the 30% investment tax credit computed on the cost of the equipment net of the 50% state grant? Or is the 30% investment tax credit computed on the gross cost of the system prior to subtracting the state grant?
I agree with Jim
to cover $27,000 in 8 years I need to be saving $3,375 per year
also who has $27,000 in there back pocket?
because if you get a second mortgage to cove the coast the pay off is many years not 8
Solar is nice but it’s too expensive for mainstream america and an average sized PV system will not power an average sized american single family home. The Governemnt solar incentives are cute. Basically they take our tax money and buy solar sytems for the rich. Todays Solar cannot power todays consumer appliances that you find at mainstram stores such as Sears, Home Depot or Lowes. To find appliances that run on the limited amount of power provided by solar you have to go to specialty stores that sell outrageously expensive smaller appliances that don’t perform as well. I like the idea of Solar, it’s just too bad it can’t produce more power or power at night:-) I have a small solar set up at home but I realize its limitations. It will run my small TV and laptop if the power goes out but it certainly won’t run an electric clothes dryer, electric dishwasher, refrigerator or electric oven. We either need more powerful panels or appliances that use a lot less power.
Mike, your system needs to be grid-tied so that it pushes power to the grid when it is generating power, and your home pulls from the grid when you need it. It should not be directly powering appliances. (Unless your major goal is a system for use when power is down.) Also, matching the optimum sizing of a grid-tied system to its energy demand (since few utilities have good excess-power programs) depends on roof or ground size and aspect, and power use. A big house facing north with lots of gables will have problems with siting panels. Each project is very site-specific.
You also will receive SREC Certificates. On the 3Kwh example you would receive almost 4 certificates per year which would be sold at todays rate for $1200 anually. After 8 years you would have earned $9600 in revenue from SREC’s. This also helps offset the cost and return.
So if all works out well, and you start saving money thats great. But since the average life span of a roof is only 25 years, what happens then? To remove the roof you have to have a professional remove the solar panels. And the reinstallion isn’t cheap either. I would assume you would be dumping another 10-20k just for the reinstall, and thats if all the panels are still in good working order.
1st, don’t believe Delmarva’s rebate lie. I installed a qualified 5.2 Kw system over 1 year ago, yet Delmarva has issued no payments. Delaware isn’t interested in rebate enforcement. 2nd, don’t believe the SREC lie. After generating over 5 SRECs so far, I’ve only been paid for 2 from Flexera, 1st $252 & 2d $170. If you’re thinking about a DE installation, don’t expect any rebates or real $ from SREC brokers. It’s a scam.
You also have to figure how the property added value effects your tax bill, which, your local tax bureau will be very quick to add to your already high taxes.
Here is some food for thought. I had a 5.2 KW solar system installed over a year ago. I was lucky enough to apply for it when DE offered 50% of the cost (DE is now 25% of the cost). I had it installed in my yard and that doubled the output compared to locasting it on the roof. My system generated approx. 10 MWH in the first year. Not bad, averaged lowering my electric by 45% (900KWHs). The RECs have greatly decreased (was approx $250, now approx $100 per REC). Unless the price comes down to have them installed it is hard to get a fast payback due to the RECs being so low. My estimate for my payback is 5 years (based on $120 RECs average)
We had a company put up 24 panels on our roof last year. The money we put out came from stock we had purchased many years ago and the sold at quite a considerable profit. Our home is only 1600 Sq.Ft.
The price was $20,000 before the 30% Fed write off credit.
One thing that wasn’t mentioned in this blog deals with SREC’s. We will sell 10mkwh worth of credit. at this time they are only worth about $60. dollars a M. They have been going for about $350 a M a year ago. aybe in the future they will go back up like the price of oil.
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