Power purchase agreements are the way to go. It makes no financial sense to finance in this economy. You can do a lease but the reason that power purchase agreements came out is because some homeowners either didn’t want to pay upfront or it didn’t make sense at that time. With a PPA you have the opportunity to buy it out after 5 years and they take depreciation into count and they are under a 25 year warranty where they will come and clean them and take care of everything for you. Another thing it is a flat rate under 30 cents per kilowatt that will go up a couple dollars a year. There is no tax credit for this program but it is saving people 30-40 percent off of their bills
No one is talking about the additional cost to remove and replace the panels when the roof needs to be replaced do to age. 90% of people ditch the panels when the realize that they have to find a third party company (which don't exist ) to remove and replace the panels. The roofers won't touch them and the solar panel companies will only install new systems. That is the cold hard solar truth that no one want to talk about. Sorry.
Hi guys I recently bought a house with 28 solar panels. right now the solars are disconnected because the hose was for sell. Previous owner paid off the solars and they said” I should call the solar company to they send somebody to reconnect the solars” I called to the company and they said the solar is paid in full and we need to run your credit now, I asked why ? They said because we should make sure you are eligible or no 🤯 I denied to they run my credit because the solars are paid off and ask them to send somebody to reconnect solars but they didn’t . What should I do guys help me
Most likely you'll have to qualify for and assume the PPA agreement as well so make sure you know what the contract states and what your responsibilities would be (time left, maintenance, etc.)
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Power purchase agreements are the way to go. It makes no financial sense to finance in this economy. You can do a lease but the reason that power purchase agreements came out is because some homeowners either didn’t want to pay upfront or it didn’t make sense at that time. With a PPA you have the opportunity to buy it out after 5 years and they take depreciation into count and they are under a 25 year warranty where they will come and clean them and take care of everything for you. Another thing it is a flat rate under 30 cents per kilowatt that will go up a couple dollars a year. There is no tax credit for this program but it is saving people 30-40 percent off of their bills
Can you do a video or guide me through mobile home manufactured home solar panels best ones sun power does not do mobile home manufactured homes
If I sign a PPA in New York, do I also get the 0.20 p/watt from ConEd? If I have a PPA in Rhode island do I get to take advantage of Feed-in-Tarrifs?
Great video! 👍
No one is talking about the additional cost to remove and replace the panels when the roof needs to be replaced do to age. 90% of people ditch the panels when the realize that they have to find a third party company (which don't exist ) to remove and replace the panels. The roofers won't touch them and the solar panel companies will only install new systems. That is the cold hard solar truth that no one want to talk about. Sorry.
Solar gonna be mandatory anyway Statewide. Just a matter of time. Might as well get it for a discount now.
Two great points
So it depends if you need a new roof and get it as part of the ppa they will maintain everything for 25 years
@@sh0cktim3 your right it’s already required for new builds in California
Hi guys
I recently bought a house with 28 solar panels. right now the solars are disconnected because the hose was for sell. Previous owner paid off the solars and they said” I should call the solar company to they send somebody to reconnect the solars” I called to the company and they said the solar is paid in full and we need to run your credit now, I asked why ? They said because we should make sure you are eligible or no 🤯 I denied to they run my credit because the solars are paid off and ask them to send somebody to reconnect solars but they didn’t .
What should I do guys help me
There is a power switch that you can turn on
With lease who gets tax incentives, I’m low income elderly now low tax .NYC?
The business will get the tax incentives because they own them and not you.
Is it worth it to but home with paid PPA?
Most likely you'll have to qualify for and assume the PPA agreement as well so make sure you know what the contract states and what your responsibilities would be (time left, maintenance, etc.)
Solar sucks. If leasing, you are responsible for damages. You can't get out of the contract.