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moneymaker
ParticipantIf refi’ing the original loan it will then be a recourse loan, just something to think about. Rates would have to drop a lot for me to pull the trigger.
ParticipantIf refi’ing the original loan it will then be a recourse loan, just something to think about. Rates would have to drop a lot for me to pull the trigger.
July 31, 2011 at 1:55 AM in reply to: Solar Energy, what is the actual cost and how long will it take to recoupe cost #713930ParticipantThe fuel cell is definitely intriguing. My concern would be contamination of catalyst and the cost of gases used to purge system between cycles. I would like to see how it works in the real world over say more than a year or so.
July 31, 2011 at 1:55 AM in reply to: Solar Energy, what is the actual cost and how long will it take to recoupe cost #714022ParticipantThe fuel cell is definitely intriguing. My concern would be contamination of catalyst and the cost of gases used to purge system between cycles. I would like to see how it works in the real world over say more than a year or so.
July 31, 2011 at 1:55 AM in reply to: Solar Energy, what is the actual cost and how long will it take to recoupe cost #714621ParticipantThe fuel cell is definitely intriguing. My concern would be contamination of catalyst and the cost of gases used to purge system between cycles. I would like to see how it works in the real world over say more than a year or so.
July 31, 2011 at 1:55 AM in reply to: Solar Energy, what is the actual cost and how long will it take to recoupe cost #714775ParticipantThe fuel cell is definitely intriguing. My concern would be contamination of catalyst and the cost of gases used to purge system between cycles. I would like to see how it works in the real world over say more than a year or so.
July 31, 2011 at 1:55 AM in reply to: Solar Energy, what is the actual cost and how long will it take to recoupe cost #715134ParticipantThe fuel cell is definitely intriguing. My concern would be contamination of catalyst and the cost of gases used to purge system between cycles. I would like to see how it works in the real world over say more than a year or so.
July 30, 2011 at 3:34 PM in reply to: Solar Energy, what is the actual cost and how long will it take to recoupe cost #713885ParticipantI think the problem with leasing is that you are not rewarded for cutting down on usage, I could be wrong. Just noticed that Costco is selling a 5KW system for $17,000 of course you still have to pay someone to install it unless one is licensed by the state in order to get the rebates I think.
July 30, 2011 at 3:34 PM in reply to: Solar Energy, what is the actual cost and how long will it take to recoupe cost #713977ParticipantI think the problem with leasing is that you are not rewarded for cutting down on usage, I could be wrong. Just noticed that Costco is selling a 5KW system for $17,000 of course you still have to pay someone to install it unless one is licensed by the state in order to get the rebates I think.
July 30, 2011 at 3:34 PM in reply to: Solar Energy, what is the actual cost and how long will it take to recoupe cost #714576ParticipantI think the problem with leasing is that you are not rewarded for cutting down on usage, I could be wrong. Just noticed that Costco is selling a 5KW system for $17,000 of course you still have to pay someone to install it unless one is licensed by the state in order to get the rebates I think.
July 30, 2011 at 3:34 PM in reply to: Solar Energy, what is the actual cost and how long will it take to recoupe cost #714730ParticipantI think the problem with leasing is that you are not rewarded for cutting down on usage, I could be wrong. Just noticed that Costco is selling a 5KW system for $17,000 of course you still have to pay someone to install it unless one is licensed by the state in order to get the rebates I think.
July 30, 2011 at 3:34 PM in reply to: Solar Energy, what is the actual cost and how long will it take to recoupe cost #715089ParticipantI think the problem with leasing is that you are not rewarded for cutting down on usage, I could be wrong. Just noticed that Costco is selling a 5KW system for $17,000 of course you still have to pay someone to install it unless one is licensed by the state in order to get the rebates I think.
July 28, 2011 at 12:58 PM in reply to: Solar Energy, what is the actual cost and how long will it take to recoupe cost #713493ParticipantIf you are in the highest tier and get a 5KW system it should save you about $2K a year. I think it costs about $25-27K to install such a system, so 26/2 = 13 years for the average person whose bill exceeds $150 on average. Though we have a new roof it is an older house so the pitch isn’t very steep. I would love to buy a system but the wife doesn’t want to incur any more debt and I can also see that viewpoint. So in a nutshell if you live east of the 5, are not planning on replacing roof soon then I think it makes since if you fall in the tier 3/4 arena each month.
July 28, 2011 at 12:58 PM in reply to: Solar Energy, what is the actual cost and how long will it take to recoupe cost #713586ParticipantIf you are in the highest tier and get a 5KW system it should save you about $2K a year. I think it costs about $25-27K to install such a system, so 26/2 = 13 years for the average person whose bill exceeds $150 on average. Though we have a new roof it is an older house so the pitch isn’t very steep. I would love to buy a system but the wife doesn’t want to incur any more debt and I can also see that viewpoint. So in a nutshell if you live east of the 5, are not planning on replacing roof soon then I think it makes since if you fall in the tier 3/4 arena each month.
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