Brad IdeasCrazy ideas, inventions, essays and links from Brad Templeton |
|
|
|
NavigationUser loginIf you like this blog, do me a favour and start your Amazon shopping (especially a kindle) from this link, and I'll get a cut. Recent comments
Top EssaysRecent blog posts
BlogrollFellow EFF Folks
Cory Doctorow Larry Lessig Ed Felten Dave Farber John Perry Barlow EFF Deep Links Dave Sifry |
Just your deposit?
You can terminate and just lose your deposit “with reason.” Things like moving and so on. I don’t think “I don’t like the price anymore” will count as a reason. If you want to terminate for such purposes, they reserve the right to “full remedy” which in the worst case would have them charging you the full rates. However, they claim to want to be much nicer about that, and I suspect they are reasonably sincere.
Nevertheless, if solar prices drop in half of their install cost, there will be an issue. People putting in new systems will be paying half what the customers who put in old systems are paying. They may just grumble about it and wish they had forseen. Some, however, will default. In their contract, they even imagine people deliberately damage the unit to avoid the power obligations, so they have thought about this.
If a lot of people pull out, and CR lets them, then CR probably goes bankrupt. That’s not actually too big a worry for the customer. Whoever buys the assets will own your panels. At worst they will be hardassed about contract terms but you have the advantage — the panels are on your house, and they really would rather not take them away, since that costs money and their value is highly depreciated. Easier for them to come to a deal with you at the new low prices, so you win.
If no power alternative goes down in price below CR’s solar, or in fact they all go up, the CR customer and other solar purchasers will instead feel quite good about a prudent choice to go solar at today’s prices.
Yes, they try to size the systems to not go over your power requirements. It would be foolish to do so since most utilities will not pay consumers for co-generation, when you actually put back more than you take out.