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ke4pym
Premium
join:2004-07-24
Charlotte, NC
Reviews:
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reply to ke4pym

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.

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