[villagetinker]

Originally Posted by BogeyBoy

I recently had a quote from a third party vendor to install solar panels. Then I had a SECO representative look at our power usage and evaluate our home and appliances, etc. that consume the power. He told us how much each was costing to operate. He also mentioned two other companies that install solar panels. He informed me that power in excess of what we use goes back on the grid and can either be used in the future (as needed) or we can sell it to SECO.

I have conflicting information on the sale of power to SECO. The SECO rep said you will get 70% of what you would pay for the power. (The other 30% is what SECO gets for providing the grid/infrastructure.)

As I understand it the only incentive in Florida is the 30% Federal Tax Credit. Our Sunshine state offers no incentives.

I would like to attend the meeting on Monday but I have a prior commitment. Hopefully some of you will inform us of what you hear.

As I understand the current situation in FL, a THIRD party cannot install and LEASE the panels, if this was the arrangement that you were discussing I would be interested how they are doing this. You can of course, hire a contractor to install panels THAT YOU PAY FOR. I agree that the current situation in FL is confusing. I will need to go back to the SECO website and see if the documents I downloaded have been updated. I do not recall the 70% buyback rate.