There was an item on the news yesterday evening that the California State fund incentivizing people to install residential solar panels may be close to running out. I'm trying to determine whether this is a fact or speculation. Anybody know?
I'm on the fence about solar because it won't be factoring the increase in home resale value into my break-even calculations. It's speculative and I'm not planning to sell. So for me, the real questions become:
- Is solar going to improve my overall energy situation when the cost of the panels, permits and installation are factored in (should I purchase)?
- Will having solar stabilize my electric bill or will I still be subject to the whims of SDG&E (I think I already know the answer to this one)
- Is a substantial incentive about to be taken off the table (subject of this post)?
- Will solar help me out more than ToU or are these orthogonal>
Additionally, I'm looking for feedback on leasing versus purchasing and what capacity array to get. I have a P85 that I drive relatively lightly (home office) and a HPWC. I'm guessing an evening's charge would normally be 20kWh or probably less. (Yeah, I know, I coulda gotten by with a 40 but ... needed the fancy toy.)
All of you seem to have done such in depth digging on these subjects, I'm really looking forward to your feedback!
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