Hi all,
My wife and I looked into installing solar panels earlier in the year but ultimately decided not to because of the pandemic. Now that things are starting to get under control here (NJ / NYC metro area) we are looking to start the process again and considering Tesla.
We don’t want the solar roof tile product, just traditional panels.
Have some questions and would appreciate some advice:
We have a roof that is nearing the end of its useful life. We would want to replace it before we put panels on it as we are trying to avoid having to do this again with the panels on top. It’s a typical asphalt shingle roof.
In summer months where we are running air conditioning we are typically between 30 and 45 kWh of use daily depending on temperature (July was the 45 average daily use). In winter we have gas heat (steam boiler) so electrical usage is lower, typically around 20 kWh.
I had a non Tesla solar company draw our plan out earlier this year and they were suggesting we go with an array of 20 LG or Panasonic 350W panels. This would have been a 7 kW system and I’ve attached a picture of the layout - they are basically taking up my entire south facing roof and not using the north one because of bad efficiency as I understand it.
Anyway, this project also included an electrical upgrade from 100A to 200A and a new panel to go from my maxed out box to a new one with room for several new ones in the future.
It also installed a 14-50 outlet on the side of my house.
I am wondering if I have to do the roof and panel and circuit installations before they come do solar or if they can do it all. I’m also wondering how Solar Credits and tax credits work here.
I am guessing that the install wouldn’t happen until 2021, so I’d like to know the tax credit for that year. And, I’d like to know how solar credits work - NJ now has a system where you get credits for production:
60% of SREC rate per 1 MW generated for 12 years after turn on.
The SREC rates typically are around $200. So if this brings in $120 every 1 MW, I would think I could generate around 8-9 MW per year. That would bring in around $1800*60% or $1080 per year for 12 years and help offset the cost.
I’m trying to figure out how the SREC fulfillment is done. If Tesla does this automatically or if I can do it.
Also wondering about powerwall cost. I think I want one for efficiency but we do not have time of use payment. So I would essentially be using it as a battery backup if we lost power at home.
My wife and I looked into installing solar panels earlier in the year but ultimately decided not to because of the pandemic. Now that things are starting to get under control here (NJ / NYC metro area) we are looking to start the process again and considering Tesla.
We don’t want the solar roof tile product, just traditional panels.
Have some questions and would appreciate some advice:
We have a roof that is nearing the end of its useful life. We would want to replace it before we put panels on it as we are trying to avoid having to do this again with the panels on top. It’s a typical asphalt shingle roof.
In summer months where we are running air conditioning we are typically between 30 and 45 kWh of use daily depending on temperature (July was the 45 average daily use). In winter we have gas heat (steam boiler) so electrical usage is lower, typically around 20 kWh.
I had a non Tesla solar company draw our plan out earlier this year and they were suggesting we go with an array of 20 LG or Panasonic 350W panels. This would have been a 7 kW system and I’ve attached a picture of the layout - they are basically taking up my entire south facing roof and not using the north one because of bad efficiency as I understand it.
Anyway, this project also included an electrical upgrade from 100A to 200A and a new panel to go from my maxed out box to a new one with room for several new ones in the future.
It also installed a 14-50 outlet on the side of my house.
I am wondering if I have to do the roof and panel and circuit installations before they come do solar or if they can do it all. I’m also wondering how Solar Credits and tax credits work here.
I am guessing that the install wouldn’t happen until 2021, so I’d like to know the tax credit for that year. And, I’d like to know how solar credits work - NJ now has a system where you get credits for production:
60% of SREC rate per 1 MW generated for 12 years after turn on.
The SREC rates typically are around $200. So if this brings in $120 every 1 MW, I would think I could generate around 8-9 MW per year. That would bring in around $1800*60% or $1080 per year for 12 years and help offset the cost.
I’m trying to figure out how the SREC fulfillment is done. If Tesla does this automatically or if I can do it.
Also wondering about powerwall cost. I think I want one for efficiency but we do not have time of use payment. So I would essentially be using it as a battery backup if we lost power at home.