Hardpan Curmudgeon SASS #8967 Posted February 10 Share Posted February 10 I'm not quite sure wotinel I clicked on, but I received exactly eighteen phone calls plus a few texts today from outfits trying to sell me solar. Hell, one fella called from Nova Scotia! There's a big push on to sell systems before April 15, after which PG&E will reduce the amount they pay for homeowner generated electricity by 75% for new systems. Also, government incentives in the form of tax credits will be going away. However, I'm a "seasoned citizen" in my seventies. Tax Credits will do me no good whatsoever. And I don't have $20k to $30k just sitting about to spend on something I may not live long enough to see pay for itself. When I told a couple of those drummers this, they tried to convince me that there's a product just for folk like me - "Power Purchasing Agreements," or PPA's. This is where some outfit installs the system on your home but retains ownership; but you still get a break on power cost. So, I'm curious... anyone here gone that route? Right off the bat, I see this as a possibly significant problem if one decides to sell his house and get the *bleep* outta california in a year or two down the road. Thoughts and or comments? [We've been promised a 36.2% rate increase this year, following 25% increase over the last two years. Also the electric company is trying hard for a separate fee of $70+/month to be levied on homes with solar. As an aside, the state mandates solar on all new homes] Quote Link to comment Share on other sites More sharing options...
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