Showing posts with label SolarCity. Show all posts
Showing posts with label SolarCity. Show all posts

Friday, January 6, 2017

Not to Be Smug...


So it's been over two years since getting solar panels installed on our house by SolarCity and I have a little data to determine the savings benefit.

The panels were installed in August of 2014, though they didn't get fired up until Septmber due to Xcel dragging their feet. In 2013, my Xcel expenses for the year totaled $1,192. In 2014, the total (Xcel plus Solar City) went to $1,117, or a decrease of 6.3%. Considering the panels were installed for just over 4 months I think that's decent. For 2015, my energy bills totaled $931, or a decrease of 16.6% from the year before. Even better is comparing 2013 to 2015, since they were the last full year with no solar and the first full year with solar. That difference is a whopping 21.8%! And that's just with an evaporative cooling system in our home - I was told that if you have central A/C you could see even greater savings.


Our energy bills went up some in 2016, and I'm attributing that to the Nissan Leaf I bought in December of 2015. It's a fully electric vehicle, and I plug in about every other night into a regular outlet to fully charge the car. For 2016, my energy bills were $1133, the highest total during the four years of data. HOWEVER, when you add in the gas I did NOT buy, I cut my total energy expenses by 47% over 2013! That's quite a feat since I've had my busiest year driving clients around in 2016.

I've heard arguments against replacing gas powered vehicles with electric ones, primarily that the car still uses quite a bit of energy to manufacture, and that the battery life will make the car obsolete quicker than a gas model. I can appreciate those arguments, which is partly why we waited until we needed a new car to make the change. Our old car, a 1995 Ford Taurus, was donated to the Make a Wish Foundation (they'll take anything!). As for the batteries, I am hoping that my support of the industry will help hasten battery improvements by the time mine die.

In addition to the personal savings, it's fun to drive. It is responsive and accelerates quickly, and has a much better stereo than the last car (which still had a tape deck), though it doesn't do as well on the snow and ice. But, as Dennis says, the best thing is when you get to say, "I run my car on the sun!"


I would love to help you with your real estate journey. 
Please contact me at 303-917-7143 or robbin@stauferteam.com

Friday, July 31, 2015

Stickin' It to Xcel

We have a love/hate relationship with our energy companies. We love our cars and gadgets, we need our heating and cooling, we buy things manufactured and brought to us under different types of power. But when that bill comes - oh, boy.

Panels these days are very unobtrusive.
By now you've seen solar panels perched on houses in your neighborhood. They are becoming more popular everyday, but there is still misinformation that makes homeowners hesitate to add this tool to their sustainability plan. Folks are afraid the upfront costs will be high (they're not), or that it will take years to see value (it doesn't), or that the panels will scare buyers off in the future and reduce their home value (they don't).

Last summer, I had SolarCity install panels on my roof in Broomfield. Our home faces east/southeast, and though not very big there was still adequate room for enough panels to make it worthwhile. My representative, David, was able to see a satellite picture of my home online and determine that the home was a candidate for solar and had no trees blocking the rays.

Installation was easy - until we needed the cooperation of Xcel to install a new metering system. As you can imagine, they were not quite as excited as I was to start making my own power. But after a few weeks of delays (that I was warned about from the beginning), the meter was installed and I could load the SolarCity software onto my computer to monitor power generation. So cool!

My house from a hot air balloon. I wasn't, but you could.
SolarCity has a few different options depending on your needs - I have a 20 year lease agreement. SolarCity owns the panels and takes full responsibility for their care and liability. I have a fixed payment for the power I am generating and that is lower than what I was paying to Xcel. I basically feed power to the grid when I'm making more than I'm consuming, and I pull out power at night and when it's overcast. I still pay Xcel for gas, but my total payments to both companies this past year have been on average 18% less than they were before.

The lease is transferrable to new owners should you sell, and solar panels add value to your home. Younger generations of homebuyers cite sustainability and energy efficiency as a high priority when it comes to purchasing a home. Should you need to get a new roof, SolarCity will come and take the panels off and put them back on when you're done at no charge.

I have had a great experience with SolarCity, though I'm sure there are other companies offering similar types of deals. The important thing is to patronize the industry - call me if I can help you get started!


I would love to help you with your real estate journey. 
Please contact me at 303-917-7143 or robbin@stauferteam.com