 ke4pymPremium join:2004-07-24 Charlotte, NC Reviews:
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Re: I've gone and done it ... solar install Hey all. Sorry about the details. Was tired when I posted that.
Final install cost is $30,737. After rebates, my out-of-pocket expense will be $13k and some change.
Expected ROI is 7.5 years. I don't do the budget thing with the power company. I prefer to pay them as the bill comes due so I can make money on my money and not the other way around.
The #1 reason I'm doing this is to give Duke energy the finger, if for no other reason. Reason #2 is the panels will take the heat load off the back side of my roof and that outta help keep the house cooler. In theory.
DJRobx-->They can raise the appraisal all they want. But if it is a result of the panels, they can't tax me on it. State says so.
Boogi-->I will ask my installer if tracking technology makes sense in the homeowner space. Probably not on the roof, anyway.
On the subject of appraisials - I called some customer referrals and one of the guys I spoke with just had had his house appraised due to a refi. The appraiser put the full install cost ($30k) into the value of his house.
Not sure that'd happen everywhere. But there's one instance for you of it happening. |