Solar panels for residential use

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Posted by Walter Cohen on August 3, 2006, 8:52 pm
 
Hi.  Does anyone have any sources for residential solar power?  i.e. web
sites, companies that sell, etc.  I want to learn more about the potential
for using solar panels on my house.
I believe, for now, the government still has a tax credit for solar energy
use.
I know the cost of the physical panels is still pretty high.

Thanks.
Walter



Posted by Tomes on August 3, 2006, 9:33 pm
 

These are the folks that I used to have my solar panels installed at no cost
to me, and an overall electric savings now of about 15% or so (depending on
a lot of stuff).  They operate in NJ.  Even if you are not in NJ, there is
some good reading here.
http://www.sunfarmnetwork.com
Tomes



Posted by Tomes on August 3, 2006, 10:10 pm
 
Correction - I operate at a net electric billing savings of 10% (not 15).
(I just looked over my stuff again...)
Tomes



Posted by trader4 on August 4, 2006, 8:40 am
 
Tomes wrote:

How is it that they can install a solar system at no cost to you?   I
know NJ has a rebate system, where the taxpayers are picking up a huge
portion of the cost, but this is the first time I've heard of it being
free.   And if it is, why doesn't everyone have one?

The typical case I've seen is a 6KW system costs $55K, with the
taxpayers getting stuck with $40K of it and the homeowner paying $15K.
 So, to the homeowner, the payback can appear to come in several years.
 But in reality, it's a total misallocation of resources and a rippoff
for taxpayers.


Posted by Tomes on August 5, 2006, 10:01 am
 
Check out the link.  What they do is install it and then charge me for a
percentage of the electricity that it generates.  This charge pays off the
'bill' for the hardware and the installation over 20 years or less.  If it
is not paid off in the 20 years then the rest of the bill is forgiven.  They
rig the monthly charge for the electricity to me in a way that I am saving
overall 10% over what I would be paying to JCP&L if I had no solar panels.

So, overall, I paid zero money up front and save 10% per month while doing
something good for the planet.  This was the ultimate no-brainer for me.  I
think that everyone does not have this because they do not know about it or
do not have a south facing roof.  At this point they are only in NJ.
Tomes



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