arrow
Super Member
That all sounds iffy to me. I would shy away from that dealer from what you have said.
Some research on RI's net metering is needed. There are sites like this one:
Rhode Island Net Metering
But I would certainly talk to your utility directly after you pre-educate yourself a bit about the issues and terms.
One problem is net metering agreements can change, so part way into your system life and costs based on current conditions, things can change. In general, I would expect them to change not in your favor.
I'm not sure of the federal tax CREDIT status since the current 30% credit expires in 2016. That would be another thing to understand about limits and time frames.
Thanks Dave. Helpful site. Buy back for overage from NGrid is "discretionary" but at this point I do not have enough info. When I asked the company rep if these were crystalline or amorphous panels, he couldn't tell me. Seems to me that is a basic question anyone in panels should know. From pictures in their brochure, they looked crystalline. Ultra's suggestion of "leasing" the panels and paying the solar company a reduced electrical rate sounds intriguing.