Getting solar at the house

[Gman]

A home appreciates. My car has a warranty and it will wear depending on how much I use it. A solar installation begins to degrade as soon as it's put in the sunlight. When the product is finally "yours", it'll be producing about 80% of its rated power (if you're lucky) as the warranties are expiring.

What I was doing was illustrating the flaw in what some believe is a valid business model. If paying for the hardware over time was worthwhile, why wouldn't they load you up with new higher efficiency panels at the end of the term and you go for another contract? Because there isn't government money, our money, on the second go 'round.

[tmleadr03]

A home appreciates. My car has a warranty and it will wear depending on how much I use it. A solar installation begins to degrade as soon as it's put in the sunlight. When the product is finally "yours", it'll be producing about 80% of its rated power (if you're lucky) as the warranties are expiring.

What I was doing was illustrating the flaw in what some believe is a valid business model. If paying for the hardware over time was worthwhile, why wouldn't they load you up with new higher efficiency panels at the end of the term and you go for another contract? Because there isn't government money, our money, on the second go 'round.

How would anyone know what will happen at the end of the contract? They may indeed offer new panels and a new contract. Just like with a car. At the end of the loan the dealer may offer you a good deal for a new one.

[offgrid]

[QUOTE=Gman;1189059]A home appreciates. My car has a warranty and it will wear depending on how much I use it. A solar installation begins to degrade as soon as it's put in the sunlight. When the product is finally "yours", it'll be producing about 80% of its rated power (if you're lucky) as the warranties are expiring /QUOTE]

My 8yr+ solar panels are putting out 100% of their rated power.