Post
Topic
Board Announcements (Altcoins)
Re: SPP Coin - Solar Panel Project
by
MrZ28s
on 22/08/2016, 17:02:35 UTC
The government rebate comes during tax time.
The utility incentives come in a form of a check for supplying power to the grid.
The system details are on the main page.

i don't a potential in investing in your coin dev. Your coin has lack of information regarding your plans and development.
a friendly advice. make some creative roadmap about your coin development. i will invest once i see what i want to see to your project. Goodluck!

Have you read the OP, and read through the thread? I would say all of the information that can be given at this time has been. I cannot supply an installation date of the system because only 2 BTC of the 28 needed has been received.

Is there something else I can try to answer for you?

Where is the system being installed?


22 panels will be installed on the South facing side roof of my house.

Great! Thanks for this. Will it be linked into your home system, or dedicated solely to sending power back to the grid? If so, will there be any additional costs associated with setting up that bypass?

The government rebate comes during tax time.
The utility incentives come in a form of a check for supplying power to the grid.
The system details are on the main page.

You mentioned the government rebate ends in December. Am I understanding correctly that this will be a one time tax write off that reduces the cost of the initial setup of the system?

Can you give or link to some more information regarding the rates these incentive programs offer? I'm guessing this depends heavily on the state the system will be installed in, so can you let us know what state you're in so I can do some research regarding this?

Thanks!



It has to be linked to the home system.  The utility company will only pay a certain production amount.  What amount that is EXACTLY? I don't know.  The solar company said this was the largest system that can be used, or we'll get nothing..

You are correct about the government rebate except it doesn't reduce the cost of the system.  They will reimburse 30% at tax time.

I found the utility company yearly incentive. It's $671 every year for 10 years. Plus the production incentive mentioned above on a monthly basis.