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Solar Panel Report #8683312 09/08/22 03:34 AM
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Ramsey Offline OP
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I purchased the solar panels last September and planned on putting out a report based on data from the past 12 months. Unfortunately the system did not produce data for 2 months. So I am putting out some thoughts. By my estimation the panels will pay for them selves in 11 years plus or minus. I made sure to buy monocrystalline panels which are more durable, I suggest getting 100% coverage on your house ( better energy plan options) If you can pay cash the companies will negotiate up to 5% or so. Make sure your tax liability us high enough to use the tax credit. (26% tax credit based on the cost of solar panels) Make sure you are not moving in the next few years, One big con was service as it took 60 days to get my inverter replaced. If you are retired and travel alot, this is great as you will be producing energy while away. You must understand that you are both a producer and consumer of energy. TXU plan pays 10.9 for production while charging 13.9 for consumption. green mountain energy is around 16.0 for both production and consumption. (Thus you want the system with capability of 100%) With what I now know I would do it again. Yes you can PM questions


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Re: Solar Panel Report [Re: Ramsey] #8683314 09/08/22 03:36 AM
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Appreciate the feedback. It’s something I’ve been interested in if it makes sense. Good to hear from actual users.


cheers Thank ya'll for your participation.
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Re: Solar Panel Report [Re: Ramsey] #8683317 09/08/22 03:42 AM
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Do you have the capability to produce power for your home if the grid is down via a Tesla powerwall or battery bank?


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Re: Solar Panel Report [Re: BradyBuck] #8683336 09/08/22 05:21 AM
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Originally Posted by BradyBuck
Do you have the capability to produce power for your home if the grid is down via a Tesla powerwall or battery bank?

No the cost of batteries was extremely expensive.


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Re: Solar Panel Report [Re: Ramsey] #8683339 09/08/22 08:54 AM
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Thanks for sharing. Will be retiring within a few years, and the more I read about the grid and smart meters, etc., the more I want multiple energy sources for our house we'll build then, in order to be as independent as possible. I'm fairly certain complete off-grid independence is probably something few can achieve, but between solar, wind, and propane generator augmenting the set-up, every little bit helps. Thanks again.


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Re: Solar Panel Report [Re: Ramsey] #8683352 09/08/22 10:31 AM
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What happens when you need your roof replaced?

What the scenario with removing and installing the panels?

Re: Solar Panel Report [Re: Ramsey] #8683380 09/08/22 11:57 AM
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How many panels did you install? Was this a DIY?

Re: Solar Panel Report [Re: RedRanger] #8683384 09/08/22 12:09 PM
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Originally Posted by RedRanger
What happens when you need your roof replaced?

What the scenario with removing and installing the panels?

X2
..and does a warranty cover hail damage?

Re: Solar Panel Report [Re: Ramsey] #8683428 09/08/22 01:34 PM
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Ramsey Offline OP
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if your roof needs replacement the panels must come off, not a DIY, hired a company Integrate Sun. Warranty does not cover hail damage, but home insurance will. 21 panels


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Re: Solar Panel Report [Re: Ramsey] #8683440 09/08/22 01:52 PM
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Originally Posted by Ramsey
if your roof needs replacement the panels must come off, not a DIY, hired a company Integrate Sun. Warranty does not cover hail damage, but home insurance will. 21 panels


Do the Solar panels completely cover your roof line so if there was a big hail storm you would only be replacing the solar panels and not the roofing shingles and maybe decking?

Also do the solar panels raise the cost of your home owners insurance, if so what about how much?


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Re: Solar Panel Report [Re: Ramsey] #8683516 09/08/22 03:25 PM
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I would only be able to do 50% coverage. I would only want them on the back of my house where nobody could see them. They look horrible. There are some shingle looking versions coming out but they are like $2K+ a square.

Re: Solar Panel Report [Re: Stub] #8683657 09/08/22 07:05 PM
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Originally Posted by Stub
Originally Posted by Ramsey
if your roof needs replacement the panels must come off, not a DIY, hired a company Integrate Sun. Warranty does not cover hail damage, but home insurance will. 21 panels


Do the Solar panels completely cover your roof line so if there was a big hail storm you would only be replacing the solar panels and not the roofing shingles and maybe decking?

Also do the solar panels raise the cost of your home owners insurance, if so what about how much?

If thrre was a big hail storm 50% of the roof would need replacing. I am not sure on the home insurance, but know there is limited carriers. I am currently self insured


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Re: Solar Panel Report [Re: Derek] #8683659 09/08/22 07:07 PM
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Originally Posted by Derek
I would only be able to do 50% coverage. I would only want them on the back of my house where nobody could see them. They look horrible. There are some shingle looking versions coming out but they are like $2K+ a square.

They are ugly, but ghat fits into the rest of my life. roflmao


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Re: Solar Panel Report [Re: Ramsey] #8683669 09/08/22 07:32 PM
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11 years? I'd be afraid the equipment would need to be replaced at 10, and I'd be underwater by a year.


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Re: Solar Panel Report [Re: Ramsey] #8683680 09/08/22 08:13 PM
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Hard pass for me…. I hope you are pleased with your purchase….


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Re: Solar Panel Report [Re: Pitchfork Predator] #8683703 09/08/22 08:33 PM
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Originally Posted by Pitchfork Predator
Hard pass for me…. I hope you are pleased with your purchase….

One of those deals I was on the fence and jumped. Only time will tell, I can tell you that over the summer my house stayed on 66 degrees 24/7 and my bill never hit $100


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Re: Solar Panel Report [Re: Ramsey] #8683713 09/08/22 08:39 PM
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If I was younger, probably, but only with battery backup. I'm more worried about having no juice than the price of said juice.


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Re: Solar Panel Report [Re: Ramsey] #8683763 09/08/22 09:54 PM
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What is the productive life expectancy of solar panels? 5, 10, 15, 20, + years?


Originally Posted by Sneaky
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Actually, BBC is pretty damn good

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Re: Solar Panel Report [Re: Ramsey] #8683769 09/08/22 10:03 PM
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The rule of thumb for the lifespan of Solar panels is generally between 25 to 30 years. That doesn’t mean that they will just stop working when they reach that age. They will still be producing electricity long past that date, but not as efficiently.



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Re: Solar Panel Report [Re: Ramsey] #8683776 09/08/22 10:14 PM
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So estimated payback is 1/2 the estimated life span….

Thanks


Originally Posted by Sneaky
I believe in science and I’m an insufferable dickhead
Originally Posted by beaversnipe
Actually, BBC is pretty damn good

"You Cannot Simultaneously Be Politically Correct And Intellectually Honest!"
Re: Solar Panel Report [Re: Ramsey] #8683807 09/08/22 10:49 PM
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The degradation rate of a solar panel is the pace at which its power production decreases over time. The majority of the solar products now on the market degrade at a rate of 0.5% each year on average.



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Re: Solar Panel Report [Re: Ramsey] #8683945 09/09/22 02:25 AM
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My buddy just built his own system with batteries for around $11.5k
I sat and listened to a salesmans spill for an hour one evening and they essentially told me $72k, no batteries and I had to sign over my $25k tax rebate.


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Re: Solar Panel Report [Re: Chopped54] #8683947 09/09/22 02:27 AM
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Originally Posted by Chopped54
I sat and listened to a salesmans spill for an hour one evening and they essentially told me $72k, no batteries and I had to sign over my $25k tax rebate.


Did he atleast have a tub of vasaline? Jesus, that is robbery


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Re: Solar Panel Report [Re: Chopped54] #8683951 09/09/22 02:30 AM
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Originally Posted by Chopped54
My buddy just built his own system with batteries for around $11.5k
I sat and listened to a salesmans spill for an hour one evening and they essentially told me $72k, no batteries and I had to sign over my $25k tax rebate.

With batteries that's a great price. I'd do that in a NY minute. $72K guy would be immediately shown the door.


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Re: Solar Panel Report [Re: Ramsey] #8683964 09/09/22 02:47 AM
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First realistic, common sense, factual discussion I have ever seen on the subject. Thanks to all.

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