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jpak Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-22-09 08:06 AM
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Solar Power Cheaper than Utilities for First Time in Northeast
http://news.prnewswire.com/DisplayReleaseContent.aspx?ACCT=104&STORY=/www/story/04-21-2009/0005009627&EDATE=

BOSTON, April 21 /PRNewswire/ -- Alteris(TM) Renewables and SunRun announced a breakthrough program today for powering Massachusetts homes with clean, renewable solar energy. Through its partnership with SunRun, Alteris Renewables is turning home solar into a monthly service, like cable or any other utility. With this new program, upfront costs plummet from $30,000 to as little as $1,000 for customers to be able to install solar electric systems on their homes. Customers will enjoy savings from day one with locked-in rates for the next 18 years - a valuable protection from future electric rate increases. They can also make a good return on their initial investment.

This is the first time that SunRun, a game-changing solar service, is available on the East Coast. Because homeowners do not need to maintain, repair or insure their systems, solar becomes virtually risk-free. Customers can even get all the new tax advantages available for installing solar without any of the paperwork, making it the easiest way to get a solar electric system on the home.

"For the past 30 years and with more than 2000 satisfied solar customers, we've been a leader in providing solar to the Northeast," said Ron French, president of the Solar Business of Alteris Renewables. "Now, with SunRun, we've made it as easy as paying your electric bill, only cheaper. For consumers with a sunny home site, there's no longer any reason not to join in helping preserve the planet for our children."

<snip>

Experts have long projected that solar electricity would eventually be on par with electricity from the traditional electric utility. Now that cross-over point has been reached for Massachusetts homeowners. Electricity rates in Massachusetts have nearly doubled over the last 20 years. If these trends continue, a typical customer could recover their upfront payment in as little as 2 years and see an after-tax return on their investment of as much as 60% or more.

<more>
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paparush Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-22-09 08:10 AM
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1. This is encouraging as the upfront costs $30-$50K for a residential installation
are still way too high for mass market adaptation.
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msongs Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-22-09 08:58 AM
Response to Reply #1
2. $30K w/ rebates = $14K now. and payoff of 10 or so years nt
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paparush Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-22-09 10:52 AM
Response to Reply #2
3. I've met with PV installers. I've seen the math.
I don't have $30K. Home equity credit lines are drying up faster than the aquifers. The tax credits are recouped over 5+ years.

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OKIsItJustMe Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-22-09 04:32 PM
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4. New solar leasing programs in the Northeast make solar affordable
http://tech.blorge.com/Structure:%20/2009/04/22/new-solar-leasing-programs-in-the-northeast-make-solar-affordable/
April 22, 2009 |
New solar leasing programs in the Northeast make solar affordable
By Susan Wilson

What’s cheaper than buying and maintaining solar panels for your house? Leasing. Alteris Renewables has teamed up with two solar leasing companies in Massachusetts and Connecticut to provide solar installations to more residents.

Alteris Renewables, formerly SolarWrights and Solar Works, are partnering with SunRun and Connecticut (CT) Solar Lease to provide solar installations to residents for a lot less than $30,000. Although tax incentives and energy rebates might be nice, they don’t pay the upfront cost of purchasing and installing solar installations.

What both of these leasing programs do is allow homeowners who would not be able to pay the upfront costs to lease solar installations from one of the appropriate leasing company in their state. SunRun charges a $1000 down payment, CT Solar Lease does not. Both have monthly leasing plans for people interested in going solar.

The two leasing options do differ in some significant ways. For example SunRun provides a “performance guarantee”. That performance guarantee means that residents who aren’t getting the promised power from their installed system, get their money back. CT Solar Lease doesn’t off such a guarantee.

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NNadir Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-22-09 10:11 PM
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5. Thanks for yet another demonstration of your problems with mathematics.
You have no evidence, of course, that solar powered rooves will last 18 years, although I'm sure you've been wandering the work free bourgeois for at least that long telling the world about how solar power is about to get cheap.

I'm sure that <em>your</em> trust fund has the money in it - although I'd guess that Mom hasn't actually installed a "cheap" solar plant on her roof.

The per capita income on this planet - not that there is one bourgeois brat in the "solar will save us" religious cult who gives a rat's ass about poor people - is something like $10,000 per annum.

It's a snake oil scam, like the rest of the solar chicanery like that bullshit about how Germany was going to go solar and cut dangerous fossil fuel emissions.

Since 2002 all the renewable energy produced in Germany couldn't keep up with the increase in just one dangerous fossil fuel that the anti-nukes like to ignore, dangerous natural gas.

We've heard this crap year after year after year after year after year after year here, and still solar PV energy has not produced even one exajoule of energy anywhere at any time.

By the way, the scammers here don't seem to be interested in mentioning the life time of a solar inverter, which NREL hopes will reach 5 years <em>some day</em>.
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