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networkn

Networkn
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#2658915 18-Feb-2021 11:58

gchiu:

Handle9:

Borrowed money just makes the ROI worse. You have to pay back borrowed money.

At an interest rate of 2.5% or close to this isn't going to affect the ROI negatively much.

And you're still going to effectively end up with free solar panels.

What!?

robholmesnz

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#2691040 11-Apr-2021 20:22

gchiu:

What I think is inequitable is that we buy electrical units at 30c but if we return them, we only get a 8c credit.

What should at least happen is that we should be able to buy back any energy we exported to the grid at the price we got paid for it. In other words, instead of being paid a higher credit as used to happen for exported units, we should be able to buy back what we sold to the retailer at the same price. What other retail business is allowed to buy back something unused at 30% of what they sold it??

Then that means our excess summer production becomes available to us over the winter.

I'm also having a close look at this.

Have the conditions changed since your post? It sounds as though units are now sold at the same rate they are purchased at?

"One of the benefits of the solarZero service is the solar export credit that ensures that when you sell solar power you’re paid the same rate it costs you to buy energy, excluding network charges and GST."

https://www.solarcity.co.nz/expert-advice/solar/willibeexporting

gchiu

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#2691095 11-Apr-2021 21:21

I was talking about selling units back to the main retailers and not Solarzero.

corksta

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#2718771 5-Jun-2021 21:12

We had these guys door knocking in our neighbourhood today. The sales guy was quite pushy, wanting my details to sign up for a free assessment, reminding me there’s no catches and just a small monthly fee. It was a sales pitch that left you feeling that something just wasn’t quite right as it was all too good to be true, glad I found this thread and a couple posts on Reddit about them.

gcorgnet

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#2891732 24-Mar-2022 21:19

Hi all, i am looking at purchasing a property which has had solarZero system installed last year.

I got given the stats from the last year in terms of consumption/ generation and it somewhat stacks up without being impressive.
Not a fan of the subscription model and the 20 year commitment however.

Are there and recent stories about solarZero or solarCity?
I found a lot of terrible reviews online, particularly for their customer service but then again, unhappy people will be the loudest...

Thanks

mattwnz

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#2891779 24-Mar-2022 23:36

gcorgnet: Hi all, i am looking at purchasing a property which has had solarZero system installed last year.

I got given the stats from the last year in terms of consumption/ generation and it somewhat stacks up without being impressive.
Not a fan of the subscription model and the 20 year commitment however.

Are there and recent stories about solarZero or solarCity?
I found a lot of terrible reviews online, particularly for their customer service but then again, unhappy people will be the loudest...

Thanks

I can't understand why home owners try and sell a house where the new owners a landed with the commitment of a subscription. I came across a house in this position and the numbers didn't look great as I am a low power user, and passed on the house. I would have adjusted the offer price downwards based on this, and I didn't want to be landed with a long term contract. I think the current owner can buy themselves out of the contract. I was happier with a house where the solar panels had been purchased outright. So it can be something that puts house buyers off.

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