Doug Dawes, Your Personal Realtor® (Keller Williams Realty - Topsfield, MA)

Spam prevention
Rainer
13,118
Joseph Domino 480-390-6011
HomeSmart - Scottsdale, AZ
Real Estate Made Easy

Unfortunately, the Arizona Corporate Commission along with the local power companies seem to be doing their very best to make solar less cost effective by adding on high connection charges and reducing the per kWh reimbursement to residential customers.  It's really too bad because we have 300 days of sunshine and could be powering a large percentage of the west via solar. But the power companies have an investment in power plants and the grid and have not figured out how to change the way they do business.

Right now the savings is not as good as it should be and the payback too long for most residential customers.

May 18, 2017 09:30 AM
Rainmaker
2,174,511
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker

Upfront costs still exceed short term benefits!

May 18, 2017 09:07 AM
Rainmaker
659,313
Carol Williams
U.S.: I specialize in helping agents who have been in the business 2 years or less create a thriving business. - Wenatchee, WA
"Customized Mentoring & Marketing Services"

It's a tangled web.   More good intentions going awry. 

May 18, 2017 09:49 AM
Rainmaker
3,994,876
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

The issues arise when it it time to sell the home or replace the roof.

May 18, 2017 09:02 AM
Rainmaker
242,753
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Parked and Reading.

May 18, 2017 05:55 PM
Ambassador
2,864,874
Bob Crane
Woodland Management Service - Stevens Point, WI
Forestland Experts! 715-204-9671

We have a rural cabin/office where we have had the panels on for nearly a decade, great savings since rural electric coops are so expensive.  But it did not seem feasable for our more urban locations since electric is much less expensive in town.

May 18, 2017 12:38 PM
Rainmaker
880,459
Ryan Huggins - Thousand Oaks, CA
www.HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

The only way to "win" at the solar game is to buy your system and have a battery system so you can be full off the grid.  Then cancel your electric service.  You won't have much savings, if any due to the cost of the equipment, but at least you can thumb your nose at the electric company!

May 18, 2017 11:12 AM
Rainmaker
1,245,224
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg IL Area Real Estate

I don't even know in IL if we have one wind turbine?

But Elon Musk will make it popular again with his roofing material watch & see. I smell money on the wind ....

May 18, 2017 10:40 AM
Rainmaker
551,425
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Yes and no.

The engineers guarantee the electric usage will go down more that 50%.

However the contract limits the homeowners savings to 20% of existing power usage. 

BUT IT'S FREE

The small print taketh away.

The fact is, the cost for grid power will go WAY down, but to benefit you must BUY the system.  Small houses have a 99 year pay back, while large houses with huge bills have a 7 year break even.Those who opt for the FREE option are being effected by solar flares.

 

May 18, 2017 08:57 AM
Ambassador
1,062,581
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Unfotunately we are a fossil fuel state that taxes solar users and are now trying to do the same to wind power.

May 18, 2017 08:54 AM
Rainmaker
1,001,897
Bob "RealMan" Timm
National Marketing Realtors - Minot, ND
Bob Timm Owner/Broker National Marketing Realtors

We have solar here but if anything it has raised rates because the cost to set up a solar farm costs more than the benefits so the gov adds more taxes to coal power to pay for the cost of solar.

May 18, 2017 08:51 AM
Ambassador
2,451,007
Anna Banana Kruchten, CRS
Phoenix Property Shoppe - Phoenix, AZ
Arizona's Top Banana of Real Estate!

Depends. I have a lot of clients that have solar and their bills are pretty much non-existent. But the question is besides being eco friendly and green (which is great) it's pretty pricey to do an entire home with solar.

May 18, 2017 04:07 PM
Rainmaker
382,789
Alexander- Slocum
Adamas Realty - Vancouver Washington - Vancouver, WA
Realty Team- Vancouver WA Real Estate

Washington State has had an Incentive program for Renewable Energy (Solar, Wind, Anerobic Digesters) since 2006, that will expire in 2020.  They report that 76 MWdc has been brought online since that time but, our rates are still driven by hydropower and the system of massive transmission lines criss-crossing the countryside..

 

May 18, 2017 02:52 PM
Ambassador
1,731,645
Fred Griffin
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

  Florida is "The Sunshine State".  We expect to see an increase in solar panels.

May 18, 2017 02:10 PM
Ambassador
724,810
John Meussner
Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA, - Costa Mesa, CA
#MortgageMadeEasy Costa Mesa, CA 484-680-4852

I've seen more people screwed with solar leases than I've seen benefit from them.  The product is good, but the current pricing and lease system is a nightmare

May 18, 2017 02:00 PM
Rainmaker
3,712,986
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
"Franklin MA Homes"

I would think the costs need to come down significantly...

May 18, 2017 12:26 PM
Rainmaker
1,879,433
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Waxhaw/Fort Mill Area Realtor

No experience with them and haven't seen any solar panels in my market.

May 18, 2017 11:22 AM
Rainmaker
1,111,754
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Los Angeles CA

I live in the gated community and can not have that. But I believe solar panels is a great investment. 

May 19, 2017 11:10 AM
Rainmaker
2,173,209
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

My neighbors have , the problem is you are leasing the panels and then try to sell the house, now the new owners have to pay for the lease and may not be able to buy the house because of the extra payment.

 

May 19, 2017 10:55 AM
Rainmaker
2,332,390
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale - Probate Broker

Another route to power and greed that does not serve the greater good. 

May 19, 2017 08:08 AM
Rainmaker
1,297,172
Sandy Padula and Norm Padula, JD, GRI NMLS#1483386
Realty One Group - Carlsbad, CA
Presence, Persistence & Perseverance

I haven't since I don't own any solar features.

May 19, 2017 06:26 AM
Rainmaker
3,679,639
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Florida is currently making this difficult at the behest of the power companies.

May 19, 2017 06:18 AM
Rainmaker
343,483
Nathan Gesner
American West Realty & Management - Cody, WY
Broker / Property Manager

Solar is not all it's cracked up to be despite all the government incentives (aka: using taxpayer funds). I'm curious to see if anyone can provide numbers to demonstrate an actual savings.

May 19, 2017 05:53 AM
Rainmaker
635,108
Jennifer Mackay
Keller Williams Success Realty - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

In Fl we refuse to all prey the rate issues that arise from this

May 19, 2017 05:30 AM
Ambassador
3,405,708
Praful Thakkar
eXp Realty - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Doug Dawes - it surely is the 'income' for Solar companies.

May 18, 2017 10:07 PM
Ambassador
1,990,515
Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Great question - interesting answers!

 

May 18, 2017 09:19 PM
Rainmaker
625,202
Thomas J. Nelson, Realtor,CRS,e-Pro
Big Block Realty 858.232.8722 - La Jolla, CA
Co-Host of Mail-Right's: Real Estate Agent Podcast

YES, for my few clients that leased it/bought it.

May 18, 2017 07:23 PM
Rainmaker
593,071
Olga Simoncelli
Veritas Prime, LLC - New Fairfield, CT
Broker-Owner, RE Consultant, Licensed in CT & NY

The power companies are impeding things.

May 18, 2017 07:21 PM
Ambassador
3,164,965
Jeff Dowler
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude - Carlsbad

People I know who have it report savings

May 18, 2017 06:52 PM
Ambassador
1,568,722
Harry F. D'Elia
Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

consumers say they are

May 18, 2017 04:32 PM
Rainmaker
3,186,292
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding and Marketing

Doug,

Tbe wineries who have solar power are selling their excess power to the power companies.

May 18, 2017 01:49 PM
Rainmaker
2,128,337
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

At first yes but then that doesnt stop rate increases. Also maintenance is an issue and of course anything that interferes with the sun

May 18, 2017 01:34 PM
Rainmaker
2,257,815
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

I can not wait for the day prices come down to make it affordable. Leases seem like bad ideas

May 18, 2017 01:16 PM
Rainmaker
3,139,767
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I have yet to see saving s anywhere exceed the projections or even come close

May 18, 2017 11:57 AM
Rainmaker
1,144,814
FN LN
Toronto, ON

Solar power has a high revenue payout to solar power owners in my province so perhaps they save quite a bit.

May 18, 2017 09:41 AM
Rainmaker
727,898
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

I did not think that way for low power consumption users. Started this year the steep increase to $0.50 per KWH served by Pacific Gas Electric co makes me wonder the break even point is.

 

Jun 17, 2017 08:37 AM
Rainmaker
2,985,702
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

We do see many solar panels, and the homeowners feel they are savings.  For resale, doesn't really help.

May 21, 2017 09:11 AM
Rainmaker
2,337,717
Tony and Suzanne Marriott, Associate Brokers
Haven Express @ Keller Williams Arizona Realty - Scottsdale, AZ
Serving Scottsdale, Phoenix and Maricopa County AZ

Joseph Domino nailed this one!

May 19, 2017 05:29 AM