School me on solar

[cliffish]

Im still working on closing up my aunt's estate five years after she passed. The 16 revisions of her her trust didn't help... especially the revisions that modified portions previously struck out by previous revisions.

Further she had farmland that was supposed to go to my cousin... wasn't in the trust, had to do a long probate process and days before signing over the property my cousin passed away.

I've done elder care and estate arrangements for my grandparents, aunt and uncle...my parents are next, then my MIL and FIL.

It's almost a full time job. Especially when they resist and don't want to trouble you. Oh I'll just take care of it myself and then I spend six months getting them out of a contract or something worse.

-Mac

luckily he has a long standing trust, good eldercare attorney and financial planner. It saved his ass when my MIL went into the memory care unit at $14K/mo and that was 8 years ago. Luckily NY has a spousal refusal form he signed that basically says he refused to pay for her care. He was able to keep all his income, 2 houses only thing lost was her SS, IRA income and that's it. He got all the IRA money when she died.

 

[macleanflood]

Would you rather buy it with solar intact or with recently removed solar?

All my experience with recently removed solar is doing disaster response to hurricanes and wildfires.

Your house site will be an EPA Superfund site if it burns with a large solar array and batteries.

Good news is the government usually does a half assed job paying for cleaning it up as long as you're patient.

-Mac

 

[cliffish]

But this one already has it and they apparently like it enough to make an offer.

Would you rather buy it with solar intact or with recently removed solar?

and an over asking by $35K offer.. we will see, 2 more showing this eve.

 

[Apparition]

and an over asking by $35K offer.. we will see, 2 more showing this eve.

Good luck.

 

[srimes]

Respectfully disagree with a lot of caveats. Well installed, code compliant solar array that's not past the prime of the panel's efficiency...I'd probably want some testing done. And that's all assuming the panels are owned by the homeowners and it's not some predatory lease bullshit agreement.

-Mac

As long as it's well installed and code compliant I wouldn't even worry about panels being past prime. It's typically just a slow decay in output.

Shitty installs are the #1 concern by far.

 

[Daryl]

I would and will never buy a house with solar.

If you lived in Kalifornia and PG&E was your only choice you would.

 

[JMT]

If you lived in Commifornia and PG&E was your only choice you would.

FIFY!

 

[5632]

Remember it is not the electrical percentage saved it's the percentage of your return on the cost of investment.

 

[suicideking]

If you lived in Kalifornia and PG&E was your only choice you would.

Pretty sure it's required now in CA. We bought a new house in 2018 and it did have it. Looked into adding more panels, wasn't worth it.

We moved again a year ago to a house built in the late 70's with no solar. Now it's not really worth the cost to add it. My previous job, one of our largest clients was a solar install company. They went out of business about 5 years ago. So apparently, others feel the same. I know the rebates are gone now (and other issues), so just not worth it.

 

[Daryl]

Pretty sure it's required now in CA. We bought a new house in 2018 and it did have it. Looked into adding more panels, wasn't worth it.

We moved again a year ago to a house built in the late 70's with no solar. Now it's not really worth the cost to add it. My previous job, one of our largest clients was a solar install company. They went out of business about 5 years ago. So apparently, others feel the same. I know the rebates are gone now (and other issues), so just not worth it.

Correct. I purchased mine outright near the end of the rebate period. The worst thing about solar is how they screw you out of the excess the panels produce. They invented this scheme called “true up” which is a process where they steal the excess electricity and you start all over again with nothing “banked”

 

[suicideking]

Correct. I purchased mine outright near the end of the rebate period. The worst thing about solar is how they screw you out of the excess the panels produce. They invented this scheme called “true up” which is a process where they steal the excess electricity and you start all over again with nothing “banked”

I remember that. Lots of people buying extra panels thinking they were going to make money selling the power back. Shortly after, they came out with new regulations to screw all those people out of that money. The power companies are the only ones allowed to make money.

 

[GoldenGorilla]

Considering looking into Solar for my home, my utility bill keeps going up and we have been running the AC a lot more than in the past. For those of you that have solar, school me on the good and bad of going with solar. Aer there companies or products to stay away from ? Is it better to purchase or lease ? Is a power wall
or some type of backup storage worth it ?

Thanks

This type doesn't work for a home. Unless you've got thousands of them.

But with molten salt tanks it makes power at night.
And a good Bond villian lair