2MuchMark

Yup!

My dream is to have a Model S connected to my powerwall and Tesla solar shingles.








Exactly. One cool thing though is that Solar prices are coming way down, and there's new technology on the way. I'm seeing a few solar installations pop-up where I live now (just a few miles from the city). I don't expect to see alot because electricity is dirt-cheap here (Quebec). But in places like Ontario and other places, Solar is alot cheaper now.

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Robbie

Thing here in Vegas is the power company is now building solar grids and charging customers the same jacked up prices for power that they did for traditional power generation.
Meanwhile the govt. has made it so that putting up your own solar energy for your home is very difficult and expensive.

shiraz9944

Yeah Rochard netting 25k every three years is stupid, that is a GREAT investment in his future value. what if you puts that 25k away every ten years (75k) lets it grow for his kids. BTW buffet didn't become rich until he was into his late forties he made his first MILLION. Time is the only thing that matters when you invest in the market, read his articles. He still hold Coca Cola his first stock he purchased...........I guess they are old and not important so he should have jumped around to the best at the time

mineistaken

As far as I know solar energy is not cheaper to produce for power companies. Usually it is more expensive than traditional methods.

PornDiscounts-V

Nope... He got rich signing 99 year leases on equipment developed back in the 1800's.

You sound like you are an asshat.

Kudos to you Rochard. Going to save a shitton of cash!

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femdomdestiny

How do you track who signed?

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onwebcam

Nope my mom bought into this scam back in the 80s during the global cooling scare. Her panels now reside in her garage after a new roof was needed. Cost her an extra $750 to have a crane truck come out and remove the panels. They hadn't worked in decades..

Rochards house is now pretty much unsellable. I for one wouldn't buy a house with association fees period. Couple that with, as someone else mentioned, a 20 year agreement on outdated technology.. My bet is he will be paying to have them removed and re-installed elsewhere if he ever goes to sell.

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Grapesoda

how many amps are you getting? my place has 400 amps. 4300 sqft with 2+2 guest house, tennis court, pool. the tennis court takes 100amps for the lights. 100amps go to the guest house. the pool runs about $450 a month alone... with the air or heat I'm cracking $1400-$1500 a month.

I was under the impression that solar produced little amperage. certainly not enough to run my place.

shiraz9944

The new panels produce very well but your needs are way up there, it's probably not worth it for you with that much draw every month. You'd need a field of panels to run your place not just a roof.

Rochard

This might be true. Five years from now they will have better technology. However, five years from now they will be charging a lot more than what I am paying. I will still be paying less.

Ether way I win.

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Robbie

Why would that be?

And if so...then solar energy is not a viable alternative.

But I would think that it would be immensely cheaper (at least if each home produced it's own as opposed to a big utility setting up mega panels to then have to transmit across wires to homes in every region).

I said this back in 2008 and 2009.
IF "global warming" is really caused by mankind and it is destroying the Earth (lol)...then WHY doesn't the govt. take action like they do when there is a REAL emergency?
What I mean is: instead of watching hundreds of millions of dollars disappear to companies like Solyndra...why not take all of that money and put solar panels on every home in America?

If "global warming" is real, then you would think that it would require a drastic action like that.
And the technology is already available.
I almost did it with my last house back in 2007 in South Carolina. I was going to have a completely self-powered solar system installed. It was the same one that I saw on a television show that moves the panels with the sun during the day (it would not be on the roof...it sat separately in the yard).
The cost was just too prohibitive to me ($56,000 for the entire set up) and I was planning on moving here to Vegas and did so in 2008.
But that would have made me completely independent of the power company 100% (stored energy for night time use)

And that was 10 years ago. So I know the technology has to be better now.

So why don't we all have independent power supplies on every home? FREE energy from the sun and no "carbon footprint"?

As always...it's all about the money.

The "grid" would become obsolete. Power utility company's and the billions of dollars they make would shrink in size to small company's.

The good ol' Govt. that so many "Green Energy" people worship like God's...are ironically the very people who are passing laws and regulations that make it more and more difficult to go "green" and use solar power for our homes.
It's even ILLEGAL to take your home off the "grid". Unreal.

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onwebcam

Why would it be more expensive in 5 years? The only way that happens is if solar is no longer viable and companies quit producing the tech.

What happens if this company goes under or someone else buys them out? If they go bankrupt, some investor is going to agree to pay off their debt at a fraction to gain access to the contract premiums BUT under the condition that they don't have to hold up to parts of those contracts. Such as the warranty. And a judge is going to agree. A bit too late but you still may want to really read the contract you signed. Pretty much guaranteed there's going to be lots of headaches over the next 20 years.

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Grapesoda

yeah why I'm not all excited about solar panels, I came away with the impression that the tesla wall would hardly power a refrigerator, let alone ac, pool etc..

shiraz9944

Yeah, your place sounds like it's amazing btw, in montana from what your nic says? But yeah that's why Solar isn't blowing up like the internet, it has limitations when it comes to REAL serious draw. It would probably take 1/4 acre or more of nothing but panels that shift with the sun to maintain 90% angle etc.........to make a dent at your place or half an acre of flat ones. Just not really something you would probably be interested in and very costly to get and maintain that much. You have to keep them cool if they get too hot, ones at nellis AFB have automatic water pumps that sprinkle on them every hour or so or they burn out. Plus you gotta clean them etc......

Rochard

Why would it be more expensive in five years? Why do you think? You think if they can make it cheaper five years from now they will pass that savings off to the consumer? LOL. Of course it will cost more five years from now.

Power will cost more five years from now too. Well, it will for you. Not for me.

What if they go out of business in the next twenty years? Who the fuck cares? I don't have contract with this company; This was a purchase. The only contact I will have with them will be the warranty. Is there a chance they will go under and my warranty will be null and void? Of course. I am going to buy a new AC unit next month, and that will come with a warranty, and there is a chance that company will go out of business too.

You are trying to find a downside with this and there just isn't any. I am going to be saving 75% off my power bill during the summer months. I've talked to dozens of people here in town and everyone loves having solar.

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onwebcam

You do have a contract. $117 a month for 20 years. No matter what happens you are stuck paying that for the next 20 years. Reminds me of those PC leasing companies that were around in the early days. "Only $39.99 a month for 5 years" (for last years models)

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Tasty1

Great that people start making their own energy!
But i wouldn't have leased for reasons people mentioned but buy it.

I did the math with a computer, i better change some servers that cost less energy.
I will make that investment back in 14 months.
If you sell the house in XX years the people that want to buy it will do the math and don't want the old equipment.

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Google Expert

Sounds like you got cucked.

In 20 years we will have discovered a totally new and cheaper energy source. (Pretty sure it will happen much sooner).

Google Expert

LOLNO.

Power costs have been going down steadily for the last 70 years.

Barry-xlovecam

that is using my pole barn roof where there is no tree shade


https://www.energysage.com/solar/calculator-results/
solar ROI calculator ^^
Also is this really accurate?


I would need a good power pack-inverter installed in the pole barn and a buried cable cable 30 meters to the house's electric service entry.

I have been considering a natural gas fired emergency generator that is maybe $9K installed. This could replace that. The ITC might be worth more on the power pack-inverter installed in the pole barn if it is installed as part of the solar electric system

The other thing is that the break even might be 12 years. Will I want to live here that much longer and will the system be obsolete?

Have to look into this. Buying an ITC has a lot of variables. BTW, the estimated interest over 20 years was $7,000 that is unacceptable as the break even would be too long for my window another 5-6+ years

thommy

you are right - i think your mom would better invest that money to pay a good school for you where you would have learned to count.

@ rochard: congrats and thanks for making the world a little bit cleaner !!!

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thommy

did you flying fart also compare the salesprices of a computer in the past 20 years to the energy cost explosion in the same time ?

and did you also calculate that the costs he had now will be double in around 5 years and he still pays the same?

do you have a car? WHY ?? wait a few years and there will be planes available !!!

and last question: is your idiocy contagious?

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Grapesoda

nothing is easy

Rochard

I do not have a contract with anyone. I have a loan from a bank.

Correct. For the next twenty years I will be paying $117. No matter what, this is LESS than my monthly bill. My lowest monthly power bill was $149 while my highest was $451. I will always pay less than the neighbor next to me who doesn't have solar.

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Rochard

Really?

Not in California: Calif. Power Rates Go Up 80 Percent - ABC News

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thommy

not enough that you are stupid - you truely think that someone believes your crap, right ?

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Robbie

They didn't set you up to pay the company as a sort of "lease"?

Instead you bought the system with a loan from your bank? If so...that's pretty cool! What's the interest rate? And do you plan on living there for the next 20 years?

Also...would it be smarter to pay MORE per month on that loan and pay it all off quickly and save on interest...or just pay the minimum and treat that as your new "power bill" and keep it low?
On one hand that would keep your power bill low at $117. On the other hand you could save thousands in interest over the years and pay it off quickly and have a power bill of $0

Here in Nevada they have made law after law that have made that almost impossible to do. They keep you paying the power utility under all circumstances.
Which sucks because out here in the desert is THE place that solar energy would work the best.

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woj

you committed to paying $117 x 12 months x 20 years = $28k for it all

and you will generate $300 or so worth of electricity per month? so that means everything will have to work smoothly and without any glitches or problems for 93+ months (almost 8 years) in order for you to come ahead...

which is far from a sure thing, the system could break at any time, and the company could be out of biz or just jerk you around about getting it fixed... plus there are various pitfalls, like inability to sell the house, having to clean the panels regularly, some parts might not be covered under warranty, warranty might only cover parts but not labor to replace it, etc

so likely you will indeed come out ahead with this setup, but it's far from a no brainer that some are making this out to be...

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Bladewire

Jesus Christ what a bunch of jealous bitter haters WTF!

Go FUCK Yourself each and every one of you!!


Great job on the solar panels Rochard. Another benefit it they'll protect that roof from future damage saving you cash on another roof repair

thommy

the idiots are right in one thing: YES we are not perfect in using solar power now - but imagine this:

IF bill gates would have been right with his prognose that internet will never become an important thing in the world what kind of computers would existing now? what kind of communication would we do and wich big ideas would not had find their ways out ?

here is a video from a guy with a great vision and a lot of arguments what i really appreciate and believe.

enjoy it or hate it - it is up to you what you make out of your lifes

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Barry-xlovecam

That increase is something to factor also. I don't know if that was assumed in that projection or not. I think it may be in there to have such a rosy projection.

The sun is always the same price and is there. Barring a nuclear winter -- but then it's game over anyway.

I am looking at the ROI not the monthly savings in cash lay outs. Dependability and reduction of environmental damage is of more interest really. Twice in the past 5 years the electric power has shut down for days. Late March a storm cut power for 14 hours. Pain in the ass no electric to power the furnace or my water well. Outages in the summer: there is no air conditioning. Outdoor lighting and security. The Internet lines may be working -- but the modem and routers are not. I cannot do any serious work on 4G ... Different motivation ...

Bladewire

Your video is interesting I'm still watching his presentation he makes a lot of sense.

In a weird and different way it reminds me of this video published in 2006 predicting where things are headed, they were 90% correct if you watch to the end, or have seen it before.

Google Expert

Ever heard of inflation / purchasing power of currency?

Google Expert

Google Expert

Anyway, here you go Einstein: https://www.eia.gov/totalenergy/data....php?t=ptb0810

Statistics from 1960 to 2011

thommy

my dear god are you joking or are you really so stupid that you did not realize that what you say i just ANOTHER argument against you, you troll ?

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Bladewire

In California Rochard gets a tax credit for 30% of the cost of the solar package he bought as well as a $2,000 a year solar tax credit as well as selling his surplus energy to the electric company.

Rochard also qualifies for a lot of new state programs he might not even know about including reduced electricity rates. There are 211 different rebate/discount programs here in California as well as federal grants to help pay for his solar install loan.

Go Solar California

thommy

fuck what is wrong in USA with your education system????

what are you doing there ein school? learn to clean a gun or what?

what is the difference between nominal and real in the walnut what you call brain ?

a 5 year old child can understand that but you obviously not. no wonder that you have voted for trump because stupid can only communicate with other stupid.

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Bladewire

Why do you think Google Expert (formerly username Muad'Dib) is American?

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thommy

it is senseless to explain - this guy can not even work with a calculator and does not understand the difference between nominal and real.

arguments like "inflation speaks against a long term loan" shows you how much they understand of what they are talking about.
those people a a SHAME for the education system in your country.
i can find people in the african bush who will understand more about economy as a so called education priviledged.

if that is the result you should rent your schools there to mc donalds.

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femdomdestiny

The whole concept is great as I am concerned. What is also interesting is 500 bucks per referral. Sounds like the niche if they have a tracking system. I remember that long time ago I was reading about some guy that earned a lot of money by making a website that was basically comparing and calculating best options for visitors and then sending them to signup to a suitable company. I think it was in Australia if I remember good.

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SekobA

the well known future.Good luck using it

woj

this isn't just a "loan"... it's getting a loan to buy rapidly depreciating, degrading (power output degrades by 0%-4% per year), expensive to maintain/repair equipment sold by a company that is losing $$ each year (so after gov subsidies dry up there is high likelihood of them going out of business)

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thommy

but it does not matter because when he say he paid between 150 and 450 per month
it means that he paid in avarerage 300 and now 117 - what is already a difference of 183 per month or 2.196 per year.

not added yet the tax advantage (what i don´t know how much it is) not added yet an inflation rate over the next 20 years what will bring that costs down again because while energy costs will increase and currency losing value he still have to pay only the 117.

within the 20 years the costs for a house solar will also decrease so at the end of the time he safed that much money that he can buy 2 or 3 new ones.

not metioned yet the effect on the environment.

my father in law installed such a system 10 years ago IN GERAMNY when it was still expensive and not that much ective as the new ones. he was on ZERO already 6 years ago because he is selling the overproduction into the public net. means: he does not have costs for electricity but GETS evenry month money from the overproduction.

now is germany not the country well known for a lot of sun and the technology is 10 years old but since that day he never used even one kilowatt from the electricity company.

so it works - and this is nothing very new.

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/thread

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Bladewire

So, according to you, he can go 20 years and have 0% power output degradation, awesome investment!

thommy

well even when he lose in average 2% per year he will still have nearly 70% after 20 years.

not a big deal when he calculated the total capacity on 145%

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Rochard

I don't recall the interest rate, we did this a few months ago. It was with a local credit union so it was low. I usually pay my bills off as quickly as possible; I don't like carrying debt.

Do I plan on living here twenty years? I have no idea what the future will bring. However, in theory the value of our house goes up with having solar - home buyer will like not having to pay for power (or solar). If the house goes up $20k in value we just use that money to pay off the loan when we sell the house.

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Rochard

It's a no brainer for me. The warranty covers everything. If the company goes out of business and something breaks down, well, we'll cross that bridge when that time comes.

Let's say the company goes out of business and something breaks down... We pay for repairs. We still come out ahead cost wise.

We can also expand in the future if we need to as well - say we get to Teslas or electric cars in a few years. We can quickly add in other panels.

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baddog

I hope Rochard revisits this thread monthly with updates showing actual savings compared to projected.