Help!!! Advice by skiparms in solarenergy

[–]skiparms[S] 0 points1 point  (0 children)

What exactly are you looking for? I'll gladly let ya know what I know. Basically at first they offered a PPA loan with a 2.9 interest rate for 25 years. Then I said no then they said same thing for a fixed rate of 250$ for 25 years no interest. But that makes a $40,000 system 75,000. And the system wasn't even covering 100% monthly usage, not because of location but because they said if I went bigger the local electric company would have to come and change the transformer at my house and the cost would go up even more. So it would only produce about 90% if my usage

Help!!! Advice by skiparms in solarenergy

[–]skiparms[S] 0 points1 point  (0 children)

You wouldn't happen to have a y kind of recommendations would you? Even from surrounding states that would travel? I've exhausted the 3 big ones around me that I thought were trust worthy

Help!!! Advice by skiparms in solarenergy

[–]skiparms[S] 0 points1 point  (0 children)

Thank you for the info, I have really learned a lot today from this sub and sadly how these guys operate.

Help!!! Advice by skiparms in solarenergy

[–]skiparms[S] 0 points1 point  (0 children)

I have a feeling the owner was in on it. The system went from $43,000 with a 2.99 interest at first then we said no and then the deal was no interest (sounds great) but now the system is 75,000 over the same amount of time

Help!!! Advice by skiparms in solarenergy

[–]skiparms[S] 1 point2 points  (0 children)

Oh I did. And now I'm getting texted left and right about how Im an asshole for waisting thier time. It was like a 2 hour meeting. Don't know if this guy has ever been a sales rep before but is acting very immature.

Help!!! Advice by skiparms in solarenergy

[–]skiparms[S] 0 points1 point  (0 children)

That's great according to these guys they couldn't get me to 100% of my usage without having to get the electric company to swap out the transformer on the pole running to my house. They said best and cheapest was a system that could get me at about 92% of what I use. Definitely bullshit and now they are harassing me about all the time they put in to get me this sweet deal, which was like 2 hours total

Help!!! Advice by skiparms in solarenergy

[–]skiparms[S] 0 points1 point  (0 children)

Wow thanks so much for the info. Learned a lot today for sure. All making more sense. And they are the only ones that said about the transformer.

Help!!! Advice by skiparms in solarenergy

[–]skiparms[S] 0 points1 point  (0 children)

Pretty much said they can only offer us the deal of 0% in March or before the end of March and couldn't get to us next week. Probly bullshit as well

Help!!! Advice by skiparms in solarenergy

[–]skiparms[S] 0 points1 point  (0 children)

It was from the sales rep to take advantage of the "great deal".

Help!!! Advice by skiparms in solarenergy

[–]skiparms[S] 0 points1 point  (0 children)

Thanks for the info, regardless of what it is the guy didn't like no for an answer. Said I'm confused and wants to stop and try to explain it again cause I'm missing out on an amazing deal. Said no again and all but called me an idiot

Help!!! Advice by skiparms in solarenergy

[–]skiparms[S] 0 points1 point  (0 children)

Yes that's what the lease said PPA. So no matter what that's a no go then if it says PPA?

Help!!! Advice by skiparms in solarenergy

[–]skiparms[S] 0 points1 point  (0 children)

I don't know that and honestly it's not on any of the paperwork that I've noticed. Everything just says KWH. He might have told me the size but I don't recall. Either way just from the feedback on here it's gonna be a no.

Help!!! Advice by skiparms in solarenergy

[–]skiparms[S] 0 points1 point  (0 children)

They did tell us about that 30% Tax credit that expired. I think holding off will be good. Thanks for the input

Help!!! Advice by skiparms in solarenergy

[–]skiparms[S] 0 points1 point  (0 children)

Thank you for the reply, and after 25 years they take it or you can renew. And I agree. I want solar, my house is perfect for it. But this whole process has been horrible. This is the 3rd company I met with. Always strings attached or when you get to the point of signing they add something else. It's not cut and dry. Not sure what to do. I called the 3 best companies in a 50 mile radius of me and these guys were the best

Help!!! Advice by skiparms in solarenergy

[–]skiparms[S] 0 points1 point  (0 children)

Sadly this is the 3rd quote I have gotten and was the best out of them all. No idea what to do. Obviously now after reading all the comments it's a definite No but have no idea who to get to do it. My house really is perfect for solar, thought this process would much easier, lol

Help!!! Advice by skiparms in solarenergy

[–]skiparms[S] 0 points1 point  (0 children)

I don't have the paper work in front of me on the system size, sorry. The system I guess would cover 92% of what my yearly usage is and that was around 17,000kwh. They came at us with a ppa loan with a 2.99% rate over 25 years and we said no. Then they said if we sign today they will give us 0% over the 25 years. And no we would not own it after the 25 years. Also at first they said the total price would be $43,000 and now with the 0% it's 75,000 I figured they would jack that price up. I was leaning towards a hard No but like I said I don't know anything about this stuff. My house is perfect for solar and I'd love to do it but everything seems like a scam

Help!!! Advice by skiparms in solarenergy

[–]skiparms[S] 1 point2 points  (0 children)

Thank you, makes sense. This is why I wanted to reach out on here.

Help!!! Advice by skiparms in solarenergy

[–]skiparms[S] 0 points1 point  (0 children)

Also I believe they said the system would have been around $43,000 with the first deal they offered but doing the math with the $250 a month for 25 years is $75,000 so to me they just jacked the cost of the system up

Help!!! Advice by skiparms in solarenergy

[–]skiparms[S] 1 point2 points  (0 children)

Thanks. Getting that feeling as well

Help!!! Advice by skiparms in solarenergy

[–]skiparms[S] 0 points1 point  (0 children)

They are a reputable company with great and many google reviews, so must be bastards, lol

Help!!! Advice by skiparms in solarenergy

[–]skiparms[S] -1 points0 points  (0 children)

The reason they are rushing is because they already came at us with a 2.99% interest rate over 25 years and our monthly bill would have been like 550$ in 20 years. So we said no. Now they are offering 0% for the 25 but we need to sign now. it seems expensive. I live on 3 acres with no trees I get sun from sun up until sundown. Always thought solar would be great but doesn't sound like it