“We have wanted to get solar panels on our rooftop for years, but the up-front cost has kept us from doing so.” That’s how I began my blog post, “Putting off solar panels?” Now nearly a year later, we have even less cash on hand… but we are going solar anyway! How does that work?
…Like free money, just for having decent credit and a decent roof.
The trick is so simple, it’s ingenious: SolarCity has a leasing program. As I understand it, strictly speaking, you don’t rent the solar array. Instead, you pay a flat fee for a variable amount of electricity from SolarCity, which they generate on a dedicated solar array. It just so happens that a convenient place for this array is your own roof.
We expect our savings to be greater than just the difference between our PG&E power reduction and the Solar City monthly fee. As I wrote before, Kay & I work hard to reduce our energy consumption. We both grew up in Japan and so are used to conservation. But we do have a hot tub (used regularly year-round) and a pool. Thanks to PG&E’s tiered pricing system, we pay more per kilowatt than most households because those two items push us past a certain threshold. By generating electricity on our roof, we should be able to come in under that painful line and keep PG&E from antagonizing us.
So it’s going to be good, or even better — like free money, just for having a decent credit rating and a decent roof. Sound interesting? …If you decide to go for a free consultation from SolarCity, please tell them you heard about this through a customer referral from Jonathan Reid in area code 95123, and I will receive a referral fee. Thanks in advance! And I’ll certainly be posting more about our experiences once the array is installed.