Leasing works here in Tx, with an average price of $0.10 per KWH. I'm no expert on the lease model nor am I an expert with other markets, how does our utility rebate of $1.09 per DC watt stand in comparison with other places? All of our customers have purchased their systems but we will be offering a lease option very soon for those customers without the tax liability.
Re buying solar panels/not leasing
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Correct I have no skin in that game.
I say this only because in Massachussets the sunpower financing is rapidly taking over as the no money down option of choice as far as market share goes. Sunpower is increasing market share and Solar City is losing market share at a very large rate.Last edited by russ; 06-04-2014, 12:22 AM.Comment
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I average .138/kwh in NJ with time of day plan and am looking at Solar and the leases just don't make sense. Barely saving anything. Not sure if it's cost effective yet to go with a lease. Prepay seems interesting but issue there is the system costs just barely less than a purchase but I do not get SRECs so in long run purchase may be the way to go. I like prepay because of no worries (supposed) with a guaranteed system and production rates.Comment
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I average .138/kwh in NJ with time of day plan and am looking at Solar and the leases just don't make sense. Barely saving anything. Not sure if it's cost effective yet to go with a lease. Prepay seems interesting but issue there is the system costs just barely less than a purchase but I do not get SRECs so in long run purchase may be the way to go. I like prepay because of no worries (supposed) with a guaranteed system and production rates.Comment
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Your opinion summarizes a lot of what others see as unfavorable about leases. Add to that perceived limits on future courses of action and potential problems of a practical nature in a resale. Others see the benefit of avoiding up front lump sum purchases, I'd suspect often, but not always because they lack the resources, or the tools or time to make a more informed judgment. But, opinions vary. There are other, opposite equally valid opinions. Mine is different than theirs. I'd suggest listening to all sides objectively, personally detached and critically before you buy, if only to make sure there's nothing you missed. Finally, doing nothing is also a valid choice. Maybe in 5 yrs. solar will come in cracker jack boxes. Who knows ? In the mean time reduce your usage. It's much more cost effective than any solar at this time.Comment
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Leasing works here in Tx, with an average price of $0.10 per KWH. I'm no expert on the lease model nor am I an expert with other markets, how does our utility rebate of $1.09 per DC watt stand in comparison with other places? All of our customers have purchased their systems but we will be offering a lease option very soon for those customers without the tax liability.Comment
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