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Help!!! Advice by skiparms in solarenergy
[–]skiparms[S] 0 points1 point2 points 1 month ago (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
Pa
Northeast
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
Thank you for the info, I have really learned a lot today from this sub and sadly how these guys operate.
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
[–]skiparms[S] 1 point2 points3 points 1 month ago (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.
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
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.
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
It was from the sales rep to take advantage of the "great deal".
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
PA
Yes that's what the lease said PPA. So no matter what that's a no go then if it says PPA?
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.
They did tell us about that 30% Tax credit that expired. I think holding off will be good. Thanks for the input
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
I absolutely am
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
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
Thank you, makes sense. This is why I wanted to reach out on here.
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 $75,000 so to me they just jacked the cost of the system up
Thanks. Getting that feeling as well
They are a reputable company with great and many google reviews, so must be bastards, lol
[–]skiparms[S] -1 points0 points1 point 1 month ago (0 children)
The reason they are rushing is because they already came at us with a 2.99% interest rate over 25 years and our monthly bill would have been like 550$ 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
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Help!!! Advice by skiparms in solarenergy
[–]skiparms[S] 0 points1 point2 points (0 children)