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  • sparkle
    Member
    • Jun 2015
    • 38

    #16
    Originally posted by solar_newbie
    Thank you with your PM. I contact them and see how much PPA they could come up for me. Hopefully it beats the current plan to buy.
    one of the areas they can pass on some benefit is from depreciation they claim from the equipment they 'lease' you. they depreciate full cost of system over 5 years. If you are buying system for yourself, you can't claim depreciation. also you can further try to negotiate the price you get in first quote by about 3-5% range.

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    • solar_newbie
      Junior Member
      • Aug 2015
      • 406

      #17
      I discuss with them. The price is good and very good communication.
      4KW system:
      - Buy: $13,172 --> $3.29/watt
      - Lease: 8.125 --> $2.03/watt
      20 years warranty on everything.
      The price is very attractive. However, my concern is the payment and contractor.
      - Down : 500
      - First payment : 50% once city is approved the plan
      - Second payment : everything is paid once they completed installation --> way before city is sign off ?? What happen if contractor messes up.
      - Last payment : zero when everything is done.
      Expect installation in 5 months

      I read review. Multiple people wait for months before getting install or get mess-up along the way. There is possibility disconnect between installer and the leasing company.
      It makes me hard time to trade off... as I got a quote for $3.29/watt for buying from local vendor.

      Comment

      • J.P.M.
        Solar Fanatic
        • Aug 2013
        • 14983

        #18
        Originally posted by solar_newbie
        I discuss with them. The price is good and very good communication.
        4KW system:
        - Buy: $13,172 --> $3.29/watt
        - Lease: 8.125 --> $2.03/watt
        20 years warranty on everything.
        The price is very attractive. However, my concern is the payment and contractor.
        - Down : 500
        - First payment : 50% once city is approved the plan
        - Second payment : everything is paid once they completed installation --> way before city is sign off ?? What happen if contractor messes up.
        - Last payment : zero when everything is done.
        Expect installation in 5 months

        I read review. Multiple people wait for months before getting install or get mess-up along the way. There is possibility disconnect between installer and the leasing company.
        It makes me hard time to trade off... as I got a quote for $3.29/watt for buying from local vendor.
        $3.29 * .7 = $2.30/Watt. More than that lease, but for all the fodder around that deal and 5 month wait which will mean the whole credit must be taken in 2016 - diammn ! FWIW, I'd look around.

        Comment

        • sparkle
          Member
          • Jun 2015
          • 38

          #19
          for bay area residents they use sandbar, from santa cruz. installation was great (check my pics). they definitely are slow. if time is important to you, then look for other companies. for me time was not a big factor, price and quality was.

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