Hi everyone,
I am new to the solar world, and I am researching what two different solar companies locally have offered… I’d like to know your input on it, since I’m not hugely well-versed with solar technology. Sorry if this is redundant… or mundane…
here is what I have been quoted:
Company #1:
● Panel: Q.Cells, 25-year power production = 5500 W
warranty, 25-year material warranty
● Inverter: SMA 10-year material and power production warranty
● 10 year installation warranty
Total system cost: $16,500 (not including federal/state tax incentives)
I am going to finance a 10 year loan… Their solar loan is 4.99%
Company #2:
16 panels: Longi 355 BOB= 5700 W
25 year production warranty
● Inverter: Enphase Micro inverters per panel
25 year production warranty
15 year installation warranty
Total system cost: $23,500
Their solar loan for 10 years is .99%
So, I am doing an A/B analysis between the two offerings…
First things first… What do you think about the difference between the two different manufacturers of panels? Anybody have any background with these companies?
Next… One company offers an inclusive single inverter, while the other company is touting a single microinverter per panel, citing if one microinverter goes down, the whole system still remains active.
Does anybody have any input regarding going with either a single inverter versus micro inverters?
The financial part of it I will have to work out myself and figure out the costs and details. My initial calculations says that the difference in loans is really only about $500 over the length of the loan, which does not bridge the gap between the difference in total price of the system. So that is somewhat of a wash.
On the surface, company one offers a cheaper solution, but with less warrantee and perhaps more liability with the inverter. The alternate company is a good chunk more for the system price, but may balance it off with better overall warrantees and less liability with the microinverters?
Is there anything that I am not seeing, or any input that you can provide that might make a choice like this a little less confusing?
Thanks for any and all help you can give!
I am new to the solar world, and I am researching what two different solar companies locally have offered… I’d like to know your input on it, since I’m not hugely well-versed with solar technology. Sorry if this is redundant… or mundane…
here is what I have been quoted:
Company #1:
● Panel: Q.Cells, 25-year power production = 5500 W
warranty, 25-year material warranty
● Inverter: SMA 10-year material and power production warranty
● 10 year installation warranty
Total system cost: $16,500 (not including federal/state tax incentives)
I am going to finance a 10 year loan… Their solar loan is 4.99%
Company #2:
16 panels: Longi 355 BOB= 5700 W
25 year production warranty
● Inverter: Enphase Micro inverters per panel
25 year production warranty
15 year installation warranty
Total system cost: $23,500
Their solar loan for 10 years is .99%
So, I am doing an A/B analysis between the two offerings…
First things first… What do you think about the difference between the two different manufacturers of panels? Anybody have any background with these companies?
Next… One company offers an inclusive single inverter, while the other company is touting a single microinverter per panel, citing if one microinverter goes down, the whole system still remains active.
Does anybody have any input regarding going with either a single inverter versus micro inverters?
The financial part of it I will have to work out myself and figure out the costs and details. My initial calculations says that the difference in loans is really only about $500 over the length of the loan, which does not bridge the gap between the difference in total price of the system. So that is somewhat of a wash.
On the surface, company one offers a cheaper solution, but with less warrantee and perhaps more liability with the inverter. The alternate company is a good chunk more for the system price, but may balance it off with better overall warrantees and less liability with the microinverters?
Is there anything that I am not seeing, or any input that you can provide that might make a choice like this a little less confusing?
Thanks for any and all help you can give!