Did I make the right choice in backing off?

I recently got a quote from Power Home Solar and after using as many calculators as I could find, decided that the price, the payoff, and the coverage were not good for me.

I live in metro Detroit and my utility provider is DTE, who do not provide net metering, only credits for when you do need to use their power and you’ve been overproducing.

The sales rep came out and took some pictures to send back to HQ where they would calculate the system as we talked. Once the result was back, he immediately removed 6-7 panels saying it was way too much. This left us with 14 panels facing East. Due to DTE’s no net metering, our system would include a 9.8 kwh battery to go with the 4.2kwh panel array.

Our official averages are 23.2 kwh per day as averaged across 12 months, with our bill being from $90-$150. Average being $115

The system was quoted around 34k, and we have a 30% rebate currently. They said the payments would be around 150 per month over 20 years, but they also said it pays for itself in 5 years.

During the window in which we could cancel, I did my own math to find that a 4.2 kw system (as installed on my roof in my location) would just barely cover our usage in the sunniest months. However I could not find how a battery would factor into the system.

We do not suffer from many power outages, and we could never “profit” from the system, and we would be overpaying for the same power for a long time unless our rates go way up. Did I make a mistake or dodge a bullet in cancelling?

submitted by /u/nathansikes
[link] [comments]I recently got a quote from Power Home Solar and after using as many calculators as I could find, decided that the price, the payoff, and the coverage were not good for me. I live in metro Detroit and my utility provider is DTE, who do not provide net metering, only credits for when you do need to use their power and you’ve been overproducing. The sales rep came out and took some pictures to send back to HQ where they would calculate the system as we talked. Once the result was back, he immediately removed 6-7 panels saying it was way too much. This left us with 14 panels facing East. Due to DTE’s no net metering, our system would include a 9.8 kwh battery to go with the 4.2kwh panel array. Our official averages are 23.2 kwh per day as averaged across 12 months, with our bill being from $90-$150. Average being $115 The system was quoted around 34k, and we have a 30% rebate currently. They said the payments would be around 150 per month over 20 years, but they also said it pays for itself in 5 years. During the window in which we could cancel, I did my own math to find that a 4.2 kw system (as installed on my roof in my location) would just barely cover our usage in the sunniest months. However I could not find how a battery would factor into the system. We do not suffer from many power outages, and we could never “profit” from the system, and we would be overpaying for the same power for a long time unless our rates go way up. Did I make a mistake or dodge a bullet in cancelling? submitted by /u/nathansikes [link] [comments]Read More

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