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Solar Bonds


               
2015 Jul 23, 10:03am   11,637 views  10 comments

by CL   follow (1)  

https://solarbonds.solarcity.com/

Just saw this advertised. Any thoughts?

#investing

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2   Tenpoundbass   2015 Jul 23, 11:53am  

For the price of gas station condom we could be having Chinese Solar panels.

3   EBGuy   2015 Jul 23, 1:30pm  

In search of yield... No securitizable revenue stream left behind. I'd also add "Depreciation" to TechGromit's list. As a business, SolarCity can depreciate the panels, which an individual can't do.

4   CL   2015 Jul 23, 3:09pm  

CaptainShuddup says

or the price of gas station condom we could be having Chinese Solar panels.

At least you wear protection, but who're you screwing at a gas station?

5   Tenpoundbass   2015 Jul 23, 3:52pm  

It was a Quickie Mart.

6   anonymous   2015 Jul 23, 3:59pm  

Who needs a quickie mart

Not me

7   CL   2015 Jul 23, 4:01pm  

errc says

Who needs a quickie mart

Their floors are sticky-mart!

8   Blurtman   2015 Jul 24, 9:35am  

Sure, but when the sun burns out, then where are you?

9   Tenpoundbass   2015 Jul 24, 11:38am  

Call it Crazy says

Blurtman says

Sure, but when the sun burns out, then where are you?

Well, at least all the CO2 will keep us warm..... while being in the dark....

That's not how it works, the Earth is heating up the sun.

10   TechGromit   2015 Jul 25, 6:01pm  

Also at the end of 20 years, the solar company takes the panels back, you may have the option to buy them.

So let's recap there.

1. You lease the panels for 20 years, at full cost of the panels and at inflated price.
2. The solar company gets all the state and federal tax incentives.
3. At the end of 20 years, you still don't own the panels, but you may purchase them, probably at an inflated price, because what they really want you to do is sign another 20 lease. We gonna keep there suckers hooked.
4. Selling you house in the future will be difficult at best, you'll probably have to cut the price of your house to sell.
5. From what I'm reading customer service is horrible, not to mention shoddy workman ship, the net is full of stories of systems systems incorrectly install, NOT generating electricity and still on the hook for the monthly lease payments,

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