[Mike80911]

So the first company to give a proposal came yesterday here are the highlights.
They do all the work nothing gets subd out so that's one plus.
25 year warranty on equipment 10 years on installation
Net metering but the power company banks extra electric for future use, does not purchase it
35 cents per KW hour is my normal cost including all fees which is what i would pay for any power supplied by con ed if I need extra above my solar production
29 panels producing 12k KW of power 22% efficiency
System size 11.6
Controller is Emphase
Panels are connected parallel
Now for cost
$40,000 to buy outright
$330 a month for 15 years to finance plus I have to turn over my $12,000 federal tax rebate
$211 a month to finance with a 2.9% yearly increase for 25 years
My tax credits would be $5000 Local
Federal I would only get if I purchased outright.
$8200 Property tax break spread out over 4 years
My dilemma is I would only take the system if I leased it because hopefully, I will not be here much longer and my savings after paying the lease and utility company minimum charge would be under $200 a month so it seems like it is not worth the hassle.
Have a new company coming next week I'll see what they want to charge me
One thing I found interesting NYC does not allow homeowners to install batteries with solar panels which seems a little ridiculous to me. If I have a blackout, I would not have power even though I have solar. The salesman said some people install the battery after the installation without getting a permit, but the cost is about 15K each and he felt I would need 2. Also, a bit risky because if anything happens such as a fire it might not end well for the home owner.