HappyHighwayman
It's all in the reflexes
Got an email from PG&E saying i'm grandfathered into the NEM 2.0 for 20 years
Anybody heard of Lumio
Thanks to Tom (Thinkfast) who I met at the Russian River pre race this past weekend Sunpower will be here Monday at noon.
I am doing my best to join the club before NEM3. Thanks everyone for participating in this thread.
WTF is going to happen to this industry in California when NEM3 goes into effect?
I have a phone meeting with West Coast Solar tomorrow. I dropped your name Kevin. If we go with them it looks like you will get a little something.
Zoom meeting with Sun Power on Monday. Two of my neighbors used them and were satisfied with everything. One neighbor told me they were not the cheapest but he didn't feel like shopping around much.
I may stay away from Tesla. Watching videos it appears they have a shorter labor warranty and apparently horrible customer service.
After watching YouTube videos I signed up with energysage.com and I have so far received 3 online quotes. It is interesting because they seem to be no name companies, but then I don't know much about this business. The quotes are coming in much less than I would've thought but then they did with very little information. I suspect these are teaser rates to peak my interest.
Here is some of the information in those quotes. Sorry for the formatting but I don't feel like cleaning it up. There are three columns.
Column 1 is NRG Clean Power.
Column 2 is LA Solar Group, NEVADA Solar Group, TEXAS Solar Group.
Column 3 is Divine Power USA.
Number of Panels 17 15 19
Watts per Panel 400 W 450 W 400 W
Number of Inverters 17 15 19
System Size 6.80 kW 6.75 kW 7.60 kW
Year 1 Production Estimate 10,424 kWh 10,110 kWh 10,347 kWh
Electricity Need Met 104% 101% 103%
Solar Upfront Purchase
Net Investment $15,613 $13,230 $14,896
Price per Watt $3.28 / W $2.80 / W $2.80 / W
* 20-year Savings $61,533 $62,592 $61,114
Here is more copy and paste. Wow, that's a really messy thing to look at.
Panel Model
DUO BLK ML-G10+ 400 Q.PEAK
Panel
450BL LS
Panel
AXIpremium-X-HC-400 AXIpremium X HC
Panel Rating
Excellent
Excellent
Very Good
Panel Output Warranty 25 years 25 years 25 years
Year 25 Production Estimate 9058 kWh 9191 kWh 8942 kWh
Inverter Manufacturer
Enphase Energy
Logo
Enphase Energy
Logo
Enphase Energy
Logo
Inverter Model
IQ8M-72-2-US
Inverter
IQ8A-72-2-US
Inverter
IQ7PLUS-72-x-ACM-US-240
Inverter
Inverter Type Microinverter Microinverter Microinverter
Panel-level Optimization Yes Yes Yes
Inverter Rating
Excellent
Excellent
Excellent
Inverter Warranty 25 years 25 years 25 years
"WTF is going to happen to this industry in California when NEM3 goes into effect?"
I think a lot of systems will include batteries. This is our plan now that it is unlikely we'll be able to get solar in time to sneak into NEM2.
I have a phone meeting with West Coast Solar tomorrow. I dropped your name Kevin. If we go with them it looks like you will get a little something.
Glad I could help, Geoff. 6 months into it now with our system and loving it. If anyone else wants my referral code lmk.
Just be aware if you use Tom's link to wait at least a day for a reply.
Still nothing, but I did get an automated email "NEM 2.0 + Your Tesla Solar Order" which was just to tell me that I need to sign up before x date, sign docs, don't make changes, yada yada...still nothing though from Tesla in terms of the next step. It's perpetually on "permit" under "Next Steps" in my Account log-in.
I assume yours reads the same?
Note: If there are no design modifications after submitting, Tesla has three years to complete the installation and utility process for enrollment in NEM 2.0.
Are paybacks under the current net metering really down to five years and are ROI's really close to 20 percent assuming you pay cash?
Sounds to good to be true but I'm going to take the gamble unless some major red flags pop up.
I think they're just stating the timeline authorized to get in under NEM 2. But I hope that's not an indication that we'll be waiting years for this. I want this installed soon.
If I had to guess, maybe they're focusing on signing up as many people as they can right now before the deadline in March/April, and then after the deadline, they will shift more towards installation. I don't know. The guy that came out to do my site assessment guessed I might hear something further about 2 weeks later, maybe a little longer. He also said he only did site assessments and not installations. It's coming up on a month since my site assignment.
Yes.
Electric Cost Infl 7.75% per year
Cost/KwH today $0.32 4/16/2022
Disc Rate 5.00% Target rate of return for invested funds
KwH Use per Year 4740
Elec Cost - Yr 1 $1,673.95
Net Cost $8,913
XIRR (8y0m) 13.62%
Simple Payback 5.3
Annual Elec Use KwH 4,763
NPV 11y9m $20,491.00
NPV 8y0m $11,632.56
Avg Elec Cost/yr $2,413.20 Forecast