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NeptuneFrost t1_ix1ha3f wrote

Don’t mean to brag but am I feeling great about the rooftop solar investment i made this summer!

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SoHereEyeSit t1_ix1j23b wrote

Who did you go with and what kinda contract was it? If you don’t mind letting me know, these hard times are pushing to start research

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NeptuneFrost t1_ix1jp5a wrote

I did it through NEC Solar. Short for Newport electric company. Salesperson’s name was Artie Crocker. I knew him from a past career, so was someone I can trust… that made shopping for the system a lot easier bc it feels like such a scam-filled industry to walk into with no knowledge.

We paid for our system straight up. No lease or anything. It’s a lot of money out the door on the front end, but the payback period for us was estimated conservatively between six and seven years. that’s like a ~16% return, and it’s a great inflation hedge because energy prices will track inflation. I think we may make out even better because of the rapid jump in electric prices. That rate of return includes taking advantage of all the various tax breaks, which made sense for us.

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coffeeschmoffee t1_ix1nj1f wrote

I actually know Artie Crocker. Yep I would trust him as well. He ran the numbers with me on battery back up. Math didn’t work out and he told me not to do it. Honest guy.

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NeptuneFrost t1_ix1nvwa wrote

Yeah he’s a genuinely good guy. Very community oriented, volunteers for lots of civic organizations, now on town planning board in Needham, which he has lived in his whole life. Didn’t think we’d end up with an Artie Crocker appreciation thread on Reddit but he’s earned it!

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xKimmothy t1_ix1liix wrote

Saaame. Husband wasn't super on board with spending the money, but I'm sure he's happy about it now!

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NeptuneFrost t1_ix1m3la wrote

I get more joy than I want to admit from watching the hourly production vs consumption chart on the app.

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thatpurplelife t1_ix26glc wrote

We just got solar installed. They finished on Thursday. Feeling good about it, too.

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raerae_47 t1_ix3gsoq wrote

I paid $0 for cooling in summer with my panels but the bill definitely shoots up considerably in winter when there’s less sun

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dante662 t1_ix3ljy1 wrote

Just install giant magnifying glasses above each panel!

Unlimited power!

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BackBae t1_ix4ddoa wrote

I definitely need to bother my condo association about solar panels.

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NeptuneFrost t1_ix4dn7o wrote

Do you have one meter for the whole building? How would that work for individually metered units with a shared roof?

Edit: or just realizing this may be a more suburban hoa suburb situation

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BackBae t1_ix6j3za wrote

We don’t, shared triple decker. I’m in the wicked early planning phases of it and need to come up with some pitches of how it could work.

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giritrobbins t1_ix8k0cd wrote

I think there are a couple documents out there on how to do solar with condo associations.

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giritrobbins t1_ix8jyu0 wrote

There are a couple ways to do it. One person pays and connects to their meter (no one else benefits). The group pays and connects to a common meter with credits distributed across the various units. I think there's also a community solar approach as well

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