Rocky Mountain Power already has a subsidy program. This year's oversubscribed and they picked through a lottery. [MENTION=14]colton[/MENTION] could have gotten an additional $4400 subsidy had he won the lottery.
RMP wants the REC's to sell.
Got Solar?
- Thread starter Jason
- Start date
Rocky Mountain Power already has a subsidy program. This year's oversubscribed and they picked through a lottery. [MENTION=14]colton[/MENTION] could have gotten an additional $4400 subsidy had he won the lottery.
RMP wants the REC's to sell.
Yes, that's an important point, and one that I looked into extensively before committing to it.
Sorry, I misspoke. I saved about $100 relative to what it would have been this year with no solar panels, not $100 relative to last year. The $100 estimate was based on the number of kWhrs the solar panels actually produced during the month of May (865 kWhrs), times the cost per kWhr (estimated at a little above 10 cents/kWhr based on the electrical bracket I think I'm in).
I missed your first post on this page. Just wanted to warn others about the downsides most are not aware of from my experience.
I've only had reply to my inquiry on my neighborhood Facebook page. He said he went through a company called 1 Solar and had nothing but good things to say. He said that last winter his panels produced 40% of what they did over the summer. But, if his is the house I'm thinking of, he faces east, so he only has panels facing east and West, none (or very very few) facing south.
Beantown
Well-Known Member
Looks like most of you guys know your stuff. Here are things to keep in mind when getting solar:
1. Cash/Finance are the best options. Leasing was only created for people to can't take advantage of the tax credits.
2. Like previously stated the tax credits offset what you owe. Need to have a tax "appetite" to utilize these.
3. Solar tax credit was extended through 2020.
4. When shopping around ask for "Price per watt". This is how solar companies price systems. Including install and paperwork.
5. Solar panels come in various wattage. Typically 250-320 watts. Make sure they have a good warranty.
6. Inverters also come in "micro" that are more expensive. It's used for when you have some shading from trees. IF you have NO shading don't do micro inverters. Companies will just automatically do them for the higher margin.
7. Don't stress too much about the install. Everything has to pass inspection. But the biggest concern long term is to make sure the drilled area's are flashed properly. Roof leaking is the most common issue after an install.
8. If RMR is still doing them apply for the lottery incentive
But the biggest thing long term to look out for is Warren Buffett. He owns RMR. He tried recently to do the same thing to Utah that happened in Nevada. If the net metering credits get slashed than everyone installing systems in Utah are screwed.
1. Cash/Finance are the best options. Leasing was only created for people to can't take advantage of the tax credits.
2. Like previously stated the tax credits offset what you owe. Need to have a tax "appetite" to utilize these.
3. Solar tax credit was extended through 2020.
4. When shopping around ask for "Price per watt". This is how solar companies price systems. Including install and paperwork.
5. Solar panels come in various wattage. Typically 250-320 watts. Make sure they have a good warranty.
6. Inverters also come in "micro" that are more expensive. It's used for when you have some shading from trees. IF you have NO shading don't do micro inverters. Companies will just automatically do them for the higher margin.
7. Don't stress too much about the install. Everything has to pass inspection. But the biggest concern long term is to make sure the drilled area's are flashed properly. Roof leaking is the most common issue after an install.
8. If RMR is still doing them apply for the lottery incentive
But the biggest thing long term to look out for is Warren Buffett. He owns RMR. He tried recently to do the same thing to Utah that happened in Nevada. If the net metering credits get slashed than everyone installing systems in Utah are screwed.