Wow, PV solar has gotten cheap...I'm pulling the trigger...

[CosmicCowboy]

Guys, this is the time to do solar if you are ever going to, I'm taking bids right now on my house. Prices are way, way down because of the world wide glut on panels ...I'm getting bids of under $3 a watt installed and that's before the CPS rebate and tax credit. I'm pretty sure CPS is gonna stop the rebates soon because of their new commitment to solar farms. This is how one bid broke down:

7.35 KW system

total cost $26,970

less CPS rebate of $12,839

new cost $14,131

less Federal tax credit $4239

Total out of pocket cost $9892

It saves about $1200 a year on utilities at current rates. That's a 12.13% return on investment. And unlike a normal investment there is no tax on that return because it's just money I won't be spending anymore on utility bills.

[Blake]

I'm thinking about getting it to heat my butler's swimming pool as an early Christmas present.

I feel bad that he can only swim in it during the summer.

[cantthinkofanything]

I'm thinking about getting it to heat my butler's swimming pool as an early Christmas present.

I feel bad that he can only swim in it during the summer.

your butler is a fag

[DMC]

I'm thinking about getting it to heat my butler's swimming pool as an early Christmas present.

I feel bad that he can only swim in it during the summer.

You should get a better couch or a futon to help your back on "those" nights tbqh

[Das Texan]

Guys, this is the time to do solar if you are ever going to, I'm taking bids right now on my house. Prices are way, way down because of the world wide glut on panels ...I'm getting bids of under $3 a watt installed and that's before the CPS rebate and tax credit. I'm pretty sure CPS is gonna stop the rebates soon because of their new commitment to solar farms. This is how one bid broke down:

7.35 KW system

total cost $26,970

less CPS rebate of $12,839

new cost $14,131

less Federal tax credit $4239

Total out of pocket cost $9892

It saves about $1200 a year on utilities at current rates. That's a 12.13% return on investment. And unlike a normal investment there is no tax on that return because it's just money I won't be spending anymore on utility bills.

i assume you can still get the 0% loan? at what term again?

[Blake]

your butler is a fag

yeah, I can trust him around my maids.

[Blake]

You should get a better couch or a futon to help your back on "those" nights tbqh

you sound like ”afraid to be in the same bathroom with a gay because he might try to sex you” guy

[CosmicCowboy]

i assume you can still get the 0% loan? at what term again?

Not 0% but I think SACU is doing them at around 5%. That's still a 7% after tax return on investment if you finance it.


San Antonio Credit Union
A deep commitment to long-term sustainability drives SACU to create innovative products that support our community to build a better tomorrow.
SACU proudly introduces its first environmentally friendly Solar Home Improvement Loan, designed to impact our neighborhoods and those who seek to reduce their carbon footprint and their overall energy costs.
What is It?
This unique loan is designed to finance the installation of solar energy improvements on your home, including solar arrays, solar hot water heaters or other improvements generated through a solar system.
Guidelines:
Loan term up to 30 years.
Loan amount up to $80,000
To check current rates, visit sacu.com
CPS Energy rebates can be applied, subject to CPS Energy

[Das Texan]

interesting. thanks!

[CubanMustGo]

Huh. Randolph-Brooks will give you 3.9% on one of their no-fee credit card products and a $10K (or more) limit shouldn't be hard to get.

[RandomGuy]

Guys, this is the time to do solar if you are ever going to, I'm taking bids right now on my house. Prices are way, way down because of the world wide glut on panels ...I'm getting bids of under $3 a watt installed and that's before the CPS rebate and tax credit. I'm pretty sure CPS is gonna stop the rebates soon because of their new commitment to solar farms. This is how one bid broke down:

7.35 KW system

total cost $26,970

less CPS rebate of $12,839

new cost $14,131

less Federal tax credit $4239

Total out of pocket cost $9892

It saves about $1200 a year on utilities at current rates. That's a 12.13% return on investment. And unlike a normal investment there is no tax on that return because it's just money I won't be spending anymore on utility bills.

Coolness.

Don't forget the federal tax on the rebate, depreciation, cost inflation of electricity, and the 15 yr replacement of the electrical transformer/controller thing, along with the expected very slow decline in outpost over the long term.

Without QC'ing my spreadsheet for errors:

pays for itself in 5 yrs 1 month
investment return varies depending on the ending year, as the NPV is highly positive and, since it is essentially indexed to inflation, goes up the longer you consider the system. I would guess the realistic lifespan of 40 years is appropriate. NPV at that point is $43,000.
Have to spend more time than I have now to the get the actual % return, but it beats the pants off a 5%, 25 year bond in all years.

As far as investments go, this is one I would recommend, especially in the current investment environment.

[TDMVPDPOY]

the amount of money recoup from the outlay will be gotten back within 1-2 years, where u save on electricity bills compared to someone without panels...

the only thing that will fck u up, is when the govt changes the rebate rate for ur generated electricity back into the grid...

[RandomGuy]

the amount of money recoup from the outlay will be gotten back within 1-2 years, where u save on electricity bills compared to someone without panels...

the only thing that will fck u up, is when the govt changes the rebate rate for ur generated electricity back into the grid...

Not 1-2 years, 5yrs and one month. :D

[cantthinkofanything]

SpursTalk : "math smath whatever"

[CosmicCowboy]

the amount of money recoup from the outlay will be gotten back within 1-2 years, where u save on electricity bills compared to someone without panels...

the only thing that will fck u up, is when the govt changes the rebate rate for ur generated electricity back into the grid...

Yeah your math is pretty whacked. Plus, since CPS only pays 2 cents a KW for return to the grid the point is to size your system where you are never selling back.

[TDMVPDPOY]

Yeah your math is pretty whacked. Plus, since CPS only pays 2 cents a KW for return to the grid the point is to size your system where you are never selling back.

well the govt is always changing the rebates....PROTECTIONISM of a stupid industry that is increasing costs passing it onto the customer, here u have the perfect opportunity where the consumer can also become the supplier for the grid, but no they must protect the profit margins of these energy suppliers...fkn pathetic

get enough panels, and u can start growing and producing ur own smack

[Wild Cobra]

If energy costs keep rising, the pay back will become a shorter period of time.

[cantthinkofanything]

If energy costs keep rising, the pay back will become a shorter period of time.

That likely won't happen. Both Obama and Romney have said that affordable energy is a priority.

[CosmicCowboy]

That likely won't happen. Both Obama and Romney have said that affordable energy is a priority.

:lmao

[cantthinkofanything]

:lmao

you can laugh for now. But I've shorted oil/ng/and gasoline futures contracts. I'll be :lol all the way to the bank this time next year.

[Wild Cobra]

That likely won't happen. Both Obama and Romney have said that affordable energy is a priority.
Do you honestly believe either of them?

[CosmicCowboy]

you can laugh for now. But I've shorted oil/ng/and gasoline futures contracts. I'll be :lol all the way to the bank this time next year.

Ballsy/stupid move based on presidential candidates promises...:lol...neither one can do a fucking thing to influence the price of oil.

The only thing that will save you in that bet is a worldwide recession.

[TDMVPDPOY]

If energy costs keep rising, the pay back will become a shorter period of time.

at leasts u clowns dont have a emissions carbon tax scheme introduced yet, down here they just got into affect the last quarter, fkn bills went up extra 10% + the stupid GST% on that extra 10, double taxing...basically im spending about 10 bucks a day on electricity due to many appliances and shit during winter/summer...

[Expert]

Do you honestly believe either of them?
The things you and I know would shatter their meager existences. Of course, I am smarter than you but you're still up there, almost at my level intellectually.

[CosmicCowboy]

Done

Wrote the deposit check Friday

Did an 8KW system for about 10K after CPS rebate and the tax credit.

[The Sun]

Done

Wrote the deposit check Friday

Did an 8KW system for about 10K after CPS rebate and the tax credit.

:tu Now treat yourself to a sausage muffin in the morning.

[Th'Pusher]

Done

Wrote the deposit check Friday

Did an 8KW system for about 10K after CPS rebate and the tax credit.

did you go with the panels that look like shingles or the old school panels?

[DMC]

So you're looking at what, 8 years for return? Assuming your system isn't totally shit in 8 years, that could pan out for you. It's not the same as a lower return on investment where you can pull your initial investment. You cannot just cash out.

I look at that like more of a personal decision, do you want to feel better about yourself? If you do, then it's fine, just like buying a hybrid car. It's probably not going to save you money. Those people who buy a Prius and say it's because it's cheaper on gas, that's silly. They spend thousands to save hundreds.

Eventually we are going to have to do it like recycling, it's not profitable for most of us but we have to start somewhere. Now many people do it intuitively.

[Drachen]

So you're looking at what, 8 years for return? Assuming your system isn't totally shit in 8 years, that could pan out for you. It's not the same as a lower return on investment where you can pull your initial investment. You cannot just cash out.

I look at that like more of a personal decision, do you want to feel better about yourself? If you do, then it's fine, just like buying a hybrid car. It's probably not going to save you money. Those people who buy a Prius and say it's because it's cheaper on gas, that's silly. They spend thousands to save hundreds.

Eventually we are going to have to do it like recycling, it's not profitable for most of us but we have to start somewhere. Now many people do it intuitively.

I guess you haven't been paying attention to the discussion of the incredible ROI that this system provides (tax free to boot). Also, he can cash out at any time. Sell the house. However, he isn't looking at this as a speculative/capital gains investment. He is looking at this for what it is, one that pays significant dividends. (On the order of 12+ percent if I remember the discussions correctly)

[DMC]

I guess you haven't been paying attention to the discussion of the incredible ROI that this system provides (tax free to boot). Also, he can cash out at any time. Sell the house. However, he isn't looking at this as a speculative/capital gains investment. He is looking at this for what it is, one that pays significant dividends. (On the order of 12+ percent if I remember the discussions correctly)

What he did, in effect, is take out a bank loan to pay for a percentage of his electricity bill. He gets the electricity at a lower rate, say 1200 less per year than he was getting it for if his usage remains constant. Actually it's more accurate to say he's getting a portion of the usage, not a portion of the money, as the price will likely increase so his savings will increase.

Whether or not it will increase his resale value is speculative. In some places it will, depending on whether or not the area is traditional or more contemporary living. In other areas or if the panels need work, it could be a wash or maybe even an expense to get the panels removed.

If it was that easy, everyone would do it. There are pitfalls you have to watch out for. I am sure CC has done his homework, but I've been in solar for a long time and I know it from ground up, from the design of the PV cells to the design and installation of the systems.

Regardless, like I said, just as we do with recycling a good portion of our drive has to (and will) come from the desire to change the world, realizing we have to start sometime. If it becomes financially beneficial, that's great for everyone. I don't see how anyone loses on that deal. Even power companies are willing to buy back electricity and they have their hands full with demand already.

I have a friend who has a home in the Rockies that's completely off the grid for everything, and he loves it.

[CosmicCowboy]

did you go with the panels that look like shingles or the old school panels?

I have a true standing seam metal roof facing south so went with the traditional panels.

[CosmicCowboy]

Sweet. Just got the first full months utility bill. Electricity was $26.51. Same period last year was $113.62.

[cantthinkofanything]

Sweet. Just got the first full months utility bill. Electricity was $26.51. Same period last year was $113.62.

did you charged up maybe the electrimic car last year?

[CosmicCowboy]

nope, they are at the ranch.

[cantthinkofanything]

nope, they are at the ranch.

whattid about runnings gimagnatic vibraotors? didid you maybe so lasts years?

[vy65]

Are the DPS rebate and IRS credit still available?

[cantthinkofanything]

Are the DPS rebate and IRS credit still available?

I have no idea. But look what "anonymous" says about the goings on in Tucson.


Anonymous says:

March 5, 2013 at 11:34 am (http://www.infowars.com/martial-law-tucson-city-council-hands-authority-over-to-military/comment-page-4/#comment-3908178)
A few notes on DMAFB. I live in Tucson and drive past the base regularly to and from work. Driving on Kolb Road, on the west side you will see around 50 MRAP Armored vehicles sitting there. East of Kolb, and extending into the South East side of Tucson (Rita Ranch area for those who live here) is a HUGE fenced in area of mostly open desert that has had a large amount of construction ongoing for about the past 2 years. I can see a series of towers… possible flight control, possible a detention center being built. DHS / CBP has a smaller detention center housed on DMAFB just off the Swan Gate. Also of note, altho DMAFB is primarily used as a Training Facility (Pilots come here to learn to fly the A 10 Warthog), there are always a decent amount of foreign troops at DMAFB training with our Air Force (Currently its Singapore.) Also, several Regular Army troops have been showing up for “SECURITY DUTY.” Seems odd for a TRAINING BASE. Check out Davis Monthan AFB, Tucson AZ on Google Maps, you can view the large desert area I am talking about, South East extending along Valencia Road. Just thought this might be informative…

[CosmicCowboy]

Are the DPS rebate and IRS credit still available?

Yes. CPS extended another year at $2 a watt and the 30% tax credit is still available. With a ten year cash out/payout and interest rates this low it's a no brainer IMHO.

[DMC]

I have no idea. But look what "anonymous" says about the goings on in Tucson.

Drone base. I know this.