I live in Florida and with everyone moving into Florida and the electrical grid being stressed i thought it would be a good idea to get solar panels put on the house. Boy was i wrong.
I am doing at 25 year lease on this panels. The cost of the lease goes up by 2.99% every year and the payment started at $180. It is already $190. I got one to one buy back with Florida Power and i had 26 panels put on the house. It was supposed to be basically a bill swap. Not so.
Here is what I wasn’t told when I signed up for this:
- That there was no battery back up or storage included in this lease. Honestly without that what is the point?
- If the power goes out, say during a hurricane, I also lose power to my home. The panels are useless if the grid goes down.
- That is isn’t really a bill swap because I still have to pay taxes from Florida power and the solar panels that were supposed to cover the bill didn’t cover it fully.
DON’T GO WITH THIS COMPANY!! THIS LEASE IS PREDATORY