[quote=CarlsbadCub]Full buyout was quoted at $88k. Prepay was quoted at $51k. I’m told that the home generates about 18k kWh annually or 1,500 kWh per month. I didn’t get the consumption numbers from them. They did tell me that they don’t usually pay SDG&E anything. The manufacturer of the panels isn’t in their agreement with the solar provider, but they are insured and maintained by the solar company.
The owner put a lot of panels up generating a lot of power that the next family (i.e. Mine) might not consume, and therefore the risk exists of overpaying for the next 19 years as you’re required to buy what is produced, not what is consumed.[/quote]
My 5000 watt system generated 8600 kWh last year. So you are likely looking at a 11,000 watt system up on the roof.
Average pre tax credit cost per watt is $3.5. Which means before tax rebate the system should have cost $40k or less.
Buyout is more than twice the cost PRIOR to tax incentives.