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  #8  
Old 09-22-2021, 02:03 PM
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Default American Solar One

American Solar One

Your Central Florida Solar Pro's
Get a free consultation today!

Thought about going solar? The Villages in Central Florida is the perfect place for solar with year round sunshine, making it one of the best places in the Country to get a high value for your investment. Reach out to us today and we'll give you an honest assessment of how solar could help you and your family with a complimentary 30 minute home visit. You'll be given a true "apples to apples" comparison of staying with the utility v. going solar.

Unlike a lot of our competitors, there is never a high-pressure sales situation, and I'll tell you if it doesn't make sense. With electric rates on the rise, why not see if solar is right for your family?




321-960-0052

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Last edited by Ad poster; 09-29-2021 at 11:24 AM.
  #7  
Old 10-02-2021, 12:51 PM
Symbiosis Symbiosis is offline
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So without other taxpayers subsidizing the costs, the ROI does not look so promising
Hi Neils, thank you for your comment.

May I ask what the ROI is on your current electricity bill?
  #6  
Old 09-30-2021, 06:13 PM
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So without other taxpayers subsidizing the costs, the ROI does not look so promising
  #5  
Old 09-30-2021, 05:55 PM
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Hi Villagethinker. Thank you for your question!

Unlike some of our competitors, we do not lease systems. Customers can buy outright or use our loan. Currently our standard financing option is 1.49%. The loan is similar to any home consumer or improvement loan, so no lien is placed on the home. Generally speaking, any remaining loan balance would be paid off at closing like other home improvement loans (think kitchen remodel or roof loan)

As the new owners get the electricity from the system, good brokers include the system value when listing a home. Just like you wouldn't remodel the kitchen or add a screened lanai to your home and give it away for free when you sell, you wouldn't give away the solar for free, especially when it has a 25 year linear production warranty. It would be crazy to sell a home with a low or zero electric bill without including the PV system value in the home price.

Feel free to cal with other questions! 321-960-0052
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Christopher Johnson
AmericanSolarOne.com
321-960-0052
When you do a home improvement, the contractor will usually place a lien on the house until the contract is paid off. So, if you don't put a lien on the house, how is that like a home improvement loan? If seems as though, if there is no lien on the house, the title company would have no reason to require the seller or the buyer to pay off the solar system loan at the closing.

Last edited by Symbiosis; 10-20-2021 at 06:38 PM.
  #4  
Old 09-30-2021, 04:45 PM
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Does your system have a long term contract and do you place a lien on the home? If there is a contract can it be cancelled if the house is placed for sale or MUST the new owner take over the contract?
Hi Villagethinker. Thank you for your question!

Unlike some of our competitors, we do not lease systems. Customers can buy outright or use our loan. Currently our standard financing option is 1.49%. The loan is similar to any home consumer or improvement loan, so no lien is placed on the home. Generally speaking, any remaining loan balance would be paid off at closing like other home improvement loans (think kitchen remodel or roof loan)

As the new owners get the electricity from the system, good brokers include the system value when listing a home. Just like you wouldn't remodel the kitchen or add a screened lanai to your home and give it away for free when you sell, you wouldn't give away the solar for free, especially when it has a 25-year linear production warranty. It would be crazy to sell a home with a low or zero electric bill without including the PV system value in the home price.

Feel free to call with other questions! 321-960-0052
--
Christopher Johnson

Last edited by Ad poster; 10-20-2021 at 06:55 PM.
  #3  
Old 09-28-2021, 08:30 PM
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Does your system have a long term contract and do you place a lien on the home? If there is a contract can it be cancelled if the house is placed for sale or MUST the new owner take over the contract?
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  #2  
Old 09-28-2021, 06:08 PM
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Two simple questions. Does your payback period calculation include the lost potential investment income from the initial cost of the system? If so, what rate of return do you use in the calculation? Thanks.
"Hi retiredguy123, thank you for your inquiry! Apologies for the late response, there were some technical difficulties with me accessing my account on TalkoftheVillages.

I'm not quite sure I fully understand your question, because when I speak to customers about going solar, I don't frame it as a financial investment (like a stock, bond, or mutual fund), but rather as an appreciating home asset v. sunken cost (utility charges). My simplest answer for you on "lost potential investment income from the initial cost of the system" would be this - As we do not charge any down payment ($0 out of pocket), and you only start to pay for the system once it's turned on and producing electricity, there would be no lost potential investment income. You might say "Yeah but it's not free", which is true, but neither is the electricity you currently lease from your utility with zero ROI.

However, you do get an immediate ROI benefit! As you are probably aware, Nationally we see a 4.1% increase in home value from going solar, but the bigger benefit is a reduction in energy costs which results in an immediate savings on your overall budget (solar loan v electric bill) We use Tier 1 American made monocrystalline panels (made in Dalton GA) which hold 93.5% of their production value through 10 years and 86% through 25 years (only a .5% degradation per year). This is backed by an industry leading linear production guarantee.

Calculating your break even point would depend on your home's solar profile and system size. A perfectly South facing roof is more efficient than an E-W facing roof, so you would need less PV to produce the same amount of electricity, Additionally, you may or may not be able to take advantage of the Federal Tax Incentive (26% through Dec 31, 2020), which could dramatically affect your overall ROI.

Thanks again for the question! Feel free to give me a call and we can run the numbers for your home. 321-960-0052
  #1  
Old 09-22-2021, 02:55 PM
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Two simple questions. Does your payback period calculation include the lost potential investment income from the initial cost of the system? If so, what rate of return do you use in the calculation? Thanks.
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