Tollster
Veteran Member
Well done ultrarunner!
Project stalled for two reasons...
Looks like a service panel upgrade to the tune of 2k is required to move forward... home is all original Federal Pacific Panel and Breakers circa 1960 and zero issues...
I know I could do the panel swap myself... just other things I would rather be doing.
Also have second thoughts about the number of roof penetrations to hold the panels...
Solar City showed up at the door tonight... ran the numbers and said they could do a no cost install and cut $5 a month from electric bill... mentioned Federal Pacific panel and Solar City said 2k to replace... so it would NEVER pay using their numbers.
dmccarty;3821558 The Feds give said:There's another catch Dan. The amount that your state tax credit reduces your state taxes, it also reduces your federal deduction for state income taxes. The bottom line after all the math is worked is that you will be paying federal income taxes on your state tax credit, that reduces the value of the credits somewhat.