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  • J.P.M.
    Solar Fanatic
    • Aug 2013
    • 14939
    #16
    Originally posted by bcroe

    Yes those could apply. Here the array cannot be seen by either me or my
    neighbors, from a house or a road.
    Unless one of your neighbors is considering buying your home, I'd think the neighbor's view or what they thought about your property would be unimportant and so irrelevant in an evaluation by potential buyers.

    NOMB, but my guess is that your home's marketability might be influenced by the fact that you probably have the only residential PV array that can be seen from earth orbit.

      Comment

      • SunEagle
        Super Moderator
        • Oct 2012
        • 15126
        #17
        Originally posted by J.P.M.

        Unless one of your neighbors is considering buying your home, I'd think the neighbor's view or what they thought about your property would be unimportant and so irrelevant in an evaluation by potential buyers.

        NOMB, but my guess is that your home's marketability might be influenced by the fact that you probably have the only residential PV array that can be seen from earth orbit.
        Actually his neighbor has a small ground mount that can be seen from orbit.

        I am very impressed with Bruce's solar array. It is pretty big.

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          • J.P.M.
            Solar Fanatic
            • Aug 2013
            • 14939
            #18
            Originally posted by SunEagle

            Actually his neighbor has a small ground mount that can be seen from orbit.

            I am very impressed with Bruce's solar array. It is pretty big.
            I'm more impressed with Bruce than his array. When he writes, I read.
            He's a good source of knowledge in his area of expertise, even if I don't agree with all of it.
            Besides, us fellow eccentrics need to stick together.

              Comment

              • bcroe
                Solar Fanatic
                • Jan 2012
                • 5203
                #19
                Originally posted by SunEagle
                Actually his neighbor has a small ground mount that can be seen from orbit.
                I am very impressed with Bruce's solar array. It is pretty big.
                More and more private arrays keep showing up here. What is more impressive,
                the size has worked out to be near exactly right to supply supply all the HVAC
                and electricity for 7 winters. Efficiency tweaks and newest technology have
                allowed expanding the HVAC to my car shop, what a comfort that is! But the
                orbit view shows just what a sloppy job the installer did, hired to get the install
                and the paperwork done quickly. I will probably never get all that corrected.
                Bruce Roe

                79onLift.jpg

                  Comment

                  • NiHaoMike
                    Banned
                    • Nov 2021
                    • 25
                    #20
                    Originally posted by wildbill-hiccup
                    We're in HI with the most costly electrical rates in the country.
                    We bought because making payments was cheaper than paying rent.
                    We have absolutely no interest in whatever value is left over after we die.

                    When we bought 8 years ago, even with very conservative usage, we were paying $185/mo for electrical usage, not a high amount when compared to what others were paying at the time.

                    Using only ballpark figures:

                    We had a 5kw PV system added to our home about 6 years ago with solar hot water added a few years later.
                    Our minimum electrical charge was dropped to a $20 minimum fee, then was raised to $25.
                    We're on the windward side of the island with high rainfall.
                    So, clear skies are a variable.
                    We get some grid usage and have occasional electrical bills of $40 to $60/mo, especially whenever I try turning the hot tub on.

                    The PV Installation cost was about $19k before state and federal incentives and                     Show More Properties, with another $5k for the addition of the water heating system with no incentives because we're retired with no earned income.
                    From memory, after deducting the incentives we repaid ourselves about $12k.
                    It paid for itself in about 4 years.
                    Off the top of my head, our solar system is saving us at least $150/mo in electrical bills, probably closer to $170/mo/.
                    I'm giving consideration to adding enough to supply an electrical vehicle or two.

                    My concern is about the way home valuation with a PV/hot water system is made.
                    While it is probably aimed at mainland homes, the valuation increase looks to be about only the cost of installation.
                    The electric cost reduction does not seem to be addressed.
                    What's at work in valuing a home with a solar system?
                    How did you guys go about determining the value of the familiar home? Appraisal? Comparative market analysis? Or something else? Anyone know the pros/cons between options?

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