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To: dennisw
You are correct that I'm getting a solar tax credit and an EV tax credit, both of which I hate. I hate the government messing with our decisions. Besides, the tax credits didn't help me, they hurt me. All the tax credits did was artificially inflate the prices I paid up front, only for the government to slowly give me back some of that excess in refunds spread out across a few years.

In my case, the EV tax credit is $7,500 which resulted in my EV costing $7,500 more. My solar upgrade in 2022 gets a 30% tax credit that made my solar equipment cost about $17K more. So I'm getting back over $24K in tax credits. But those credits are non-refundable. Meaning, since my total tax liability for year 2022 is about $9K, the most I'll get back is $9K this year (from those credits). However, the solar tax credit carries forward to future years. So I'll get another $9K tax credit a year from now, then about $6K more 2 years from now (when the entire $24K in tax credits will be exhausted). So it's taking 3 years for me to get money back I paid up front just on the excess I paid (the extra the suppliers added to the costs knowing us buyers would pay more because of the tax credits).

I have a metal roof. I had my roofing guy double-check the roof before and after the solar guys did their thing. I told the solar guys up front it's what I would do. The roofing guy said they did a good job. I haven't had any leaks. So I guess that part went well. (I tend to use that model with other professionals I hire. Like when I replaced my natural gas water heater with an electric hybrid one, I told the plumber who installed it that I'd have another plumber go behind him, which I did. The same with hiring a 2nd HVAC person to go behind the main HVAC guy who replaced my old A/C and natural gas furnace with a variable speed heat pump with heat strips.)

These decisions for or against EV and solar are good only in a free market. Some people don't live in an area good for it (i.e. too much shade, or live in the northern part of the U.S., or maybe both spouses work so it's too much power consumption all at once at 6 PM every weekday instead of spreading out the appliance use throughout the day like my wife and I do, etc.). The free market, if the Dims would allow it, lets us choose what is best for us instead of the control-freak Dims making those choices.

46 posted on 02/01/2023 7:31:33 AM PST by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: Tell It Right

Thanks much for the reply. So all in all what is your bottom line? How much has it cost you for all the solar panels and batteries? My wild guess is 24 thousand dollars. Great that you can charge your car with this array. Very nice indeed! So too too bad that the sun does not shine at night. Otherwise, you could charge your EV directly. (Which you do during daytime anyways) (retired)

As far as gas stoves go. Using electricity resistance to create heat for cooking and heating is a crime. So this is how you deploy your solar panels? In an electric stove? Go breakdown and buy or rent a large propane submarine outside and pipe it in for cooking and heating.

Then go sell your excess solar electricity for some Gov’t subsidized great rate.


49 posted on 02/01/2023 7:58:24 AM PST by dennisw ("You don't have to like it. You just have to do it")
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To: Tell It Right

You should have asked for an all cash up front price from the contractor.

L


54 posted on 02/01/2023 9:53:36 AM PST by Lurker (Peaceful coexistence with the Left is not possible. Stop pretending that it is.)
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