I have financed about 20 commercial solar

panel installations. Cost per kwh runs $2-3. Ground mounted arrays tend to run on the lower end, roof mounted closer to the higher end. There is some economy of scale so smaller projects tend to cost a little more per KWH. That number is exclusive of any cost to lease or buy the property itself.

The economics of solar still depend to a degree on the ability to take the tax benefits - 30% ITC and accelerated depreciation. You'd likely want to create an LLC of the home owners.

I think you are in Virginia and I think Dominion Power generally would have to agree to this installation because you would need to hook into their power grid. Most of the deals I have done have been outside of Virginia as neighboring states are far more solar friendly. If you are interested, there is a company out of Annapolis you should talk to, New Energy Equity, LLC. Ask for Matt.

In response to this post by Quaker

Posted: 04/21/2016 at 10:13AM

Interesting bit on Solar Energy (link) -- Quaker 04/21/2016 09:51AM

If you have space facing south and no shade, then solar is almost always -- Late 80s Hokie 04/21/2016 11:52AM

My undertstanding: -- nyhoo 04/21/2016 11:33AM

Yeah that's the residential model but not sure that -- 111Balz 04/21/2016 12:35PM

One other thought (after reading the article): not every state -- 111Balz 04/21/2016 10:25AM

I live in Maryland, I take it they have the programs? -- Quaker 04/21/2016 10:36AM

Yes, Maryland is a very solar friendly state ** -- 111Balz 04/21/2016 10:40AM

Pretty sure they have both SREC and PACE programs. -- WahooRQ 04/21/2016 10:39AM

SERC du Soliel? Try the veal :>) ** -- Tuckahokie 04/21/2016 4:32PM

I have financed about 20 commercial solar -- 111Balz 04/21/2016 10:13AM

Smh ** -- MaizeAndBlueWahoo 04/21/2016 10:24AM

I have financed about 20 commercial solar

Insert a Link