This comes from the W-Home Solutions interview series sponsored by Panasonic Solar. We interview a homeowner who was just installed with solar. We talk to him about the process and how it compares to cable companies. A+ on BBB:
https://www.bbb.org/us/nj/pt-pleasant/profile/roofing-contractors/whitman-construction-llc-0221-70000973
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https://www.facebook.com/solarisnotfree/
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https://twitter.com/WHomeSolutions1?s=09
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Angie's List: https://www.angieslist.com/companylist/us/nj/point-pleasant-beach/steve-whitman-roofing-and-siding-reviews-428331.htm
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Sent to Mena
Medium: https://medium.com/appointment_11049
TikTok - https://vm.tiktok.com/uVoLqp/
https://youtu.be/kpHOOqsPKFQ
This audio comes from Joey's interview series.
Look at your options as there are lots of solar companies. Ask questions, speak to your neighbors, shop around, ask about ownership, roofing, etc.
Joey's interview with home owner, Greg, about internet, cable, and mostly solar. https://youtu.be/kpHOOqsPKFQ
Greg: how are you?
Joey: great, thanks for asking, nobody ever does so I appreciate that. I just work for one of the solar companies, I noticed you for the panels. How ya liking it?
Greg: well, it just got installed. We don't have our net meter yet. Supposedly national grid is going to put it on in a week or so.
Joey: who'd you go through?
Greg: hmmm.
Joey: Sure, there's a million companies. It looks nice on your house.
Greg: yeah, they did a real nice job. They strung the wires through the attic, so there's no extra wires sticking out. They have a junction box so it goes right through to the basement. They did a really great job. Efficient panels.
Joey: oh, so you got a higher grade panels.
Greg: they're not the super high end. My solar index was like 91, 92.
Joey: which is great by the way. It's hard to get a 100. Every now and again, if the house faces a real southern exposure depending on how much electricity you use. You can kind of get to 105 or even 110. It gets kicked back from National Grid a lot of times. They're like, "we're here to cover the guys usage, not to give him money for this stuff". Everyone thinks it's a money maker. It's a money maker, because you're saving.
Greg: we'll end up saving 50 or 60 bucks a month, because we have electric hot water that's costing us an arm and a leg, along with everything else. We're still paying right around 200 a month. I researched this thing for three years.
Joey: you know you messed up, right? I'm not trying to be a jerk, but I tell everybody. The time to do it was when they paid 42 cents. So this year, you would've got 28 and a half cents. Did you get the ownership?
Greg: so I own it, and I'm just getting the state rebate. I'm not getting the feed in tariff.
Joey: oh wow, so you're doing strictly net metering? Well, it's one for one. The feed in tariff. I still think it's a great program for Rhode Island, because there's no SREC, meaning a way to sell the energy back. Massachusetts has a great program, so does New Jersey.
Greg: so we're going to get credits. if we don't use them they go away.
Joey: you can actually save those credits, right? If you get enough of them, you can actually sell them to the people around you.
Greg: that's something interesting. Because our electric hot water usage is so high. That's why this is 11,000 kilowatts, it's a big system.
Joey: did you get a 15-year loan?
Greg: 12-year loan at 2.9%. We'll be savi