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Intotheblack

04/08/14 1:43 AM

#7521 RE: Nome44 #7519

you guys are both great thanks!
OK so Ill be paying off my 6kw solar installation in about 8-10 years based on my usage because I'm paying cash. I will save immediately...and indefinitely.
My neighbor #1 had to take a loan out to purchase theirs. The loan will take 20years to pay off....the loan payment is slightly less on average than their electric bill. They will save a little for a long time and then reap benefits. Neighbor #2 leased his from solar city. They are paying .12 per kWhr for 20 years...they will save more over 20 years but then they will save less thereafter.

Let's say neighbor #3 gets sun works S3D cells. Pays cash. Payoff is 3-5 years. Then free electricity. That's huge. I thought about waiting myself...but the timeframe would be the same. So any money I saved by waiting would go to the electric company. (Was that argument valid?)
Neighbor,#4 - we'll skip the loan and just do the lease of solar3d panels from sunworks. Sun works gets them at cost. So they could do a 20year deal for even less...let's just say .06/kWh. They would save immediately and over time.

I suppose all cases are winners as far as savings are concerned and its just a matter of individual cash flow as to how much you could save.
So The licensing deal would only create revenue for Sltd. The companies that use the license would have to pay for license usage...then produce panels on their own. If Jim is right the incentive there would be pay for this tech and then use it to make panels at 50% cost that produce even more power.
So this would mean solar city and the likes would want to buy their panels over current tech because on every lease they would make even more profit. More kWh per roof.
I wanted to get to current solar panel profits. I know the markets all screwed up from the glut and China's below cost sales..but I'm typing on phone and over it at this length. :-)
Do we think the cost will be low enough based on lower silicon and raw material usage but including licensing fees to still be competitive and still attractive? Or is it all moot because the super high volumes on leases will make the lease companies want this regardless...