12/04/2012
Anonymous
I asked for a turnkey system from him <br />> with no hassle to me and that is exactly what I got. The system does <br />> everything I had hoped for, and more. It was activated July 5th and in <br />> the next billing cycle produced 200 kilowatt hours more than we used <br />> with no changes in our pattern of activities, merely the system and an energy efficient pool pump.<br />> Our electric bill went from roughly $300/ month to $1.18. <br />> <br />> From contract to completion took about 3 weeks, allowing for <br />> inspections and permits. Joe had the system fully installed in three <br />> days, including having to remove an existing solar water heater system <br />> for the pool. My office is in my home and I worked completely uninterrupted.<br />> <br />> Before I contacted Joe I explored other options such as leasing. To me <br />> it made no sense. All it did was give you a cheaper supplier than the <br />> electric company, but not enough to make that much of a difference, at <br />> least in the short term. After the federal tax credit, and a rebate <br />> from the electric company, buying seemed like a no brainer. And I was<br />> right- I now have a solar home with value added to the basis by the <br />> system, a system that should produce most, if not all of our electric <br />> needs for the next twenty years or so, and the ability to document for <br />> any potential buyer that my home will save them at least $2-3,000 a <br />> year on electricity, which btw works out to about a 10% return on <br />> investment. I looked at buying the system not as spending the money, <br />> per se, but rather the shifting of form from the investment of dollars <br />> in low yielding stocks, to adding that value to my home.<br />> <br />> Even if the money to purchase were borrowed, say in the form of a home <br />> equity loan, one still comes out ahead of the game, especially <br />> considering all of the tax implications- deductibility of interest, <br />> tax credit etc. Even the gross spread between cost of a loan, say 6% and the ROI of 10%, one<br />> still comes out ahead. <br />> <br />> You will not be disappointed with Joe- he's a straight shooter.