Green Mountain Solar [RE-wrenches]

[Jeffrey Wolfe, Global Resources]

When we put our suburban Chicago home up for sale 3.5 years ago, it was the 
only one within 40 -50 miles. We received no offers for 3 months. While 
they were up, the deal was people could buy them with the house (at a fair, 
but not fire sale price), or we would remove them prior to them moving in.

Received an offer the day after we took the panels down. (They are now in 
our side yard in VT, working great.)

As a lister (part time assessor) in VT, we find that off-grid homes with 
decent systems sell for prices a little less than similar on-grid houses 
without systems. We have not yet had a test of an on-grid sale that I know 
of. We have yet to see a premium of any size. I certainly can see the day 
when this changes, but it's a little premature to (accurately) market 
increased home value as a selling point around here.

Jeff

On Wednesday, September 05, 2001 10:55 AM, Joel Davidson 
[SMTP:joeldavidson at earthlink.net] wrote:
> In California, PV is property tax exempt and the price of the PV system 
adds
> value to the home or business as a home improvement. Well-done PV systems
> enhance the resale value of the home.
>
> During the time I did 110 4kW PV systems for the Sacramento Municipal 
Utility
> District (utility owned, customer sited PV Pioneer systems), two of the 
homes
> on which we did systems went up for sale. One of the reasons that the new
> owners bought the homes was because they had PV systems on them. The new
> homeowners felt the PV system was good for the environment - even though 
the
> systems were owned by SMUD and the power fed into the grid and not the 
home
> and the homeowners had to pay $4/month extra to SMUD to participate in 
the PV
> Pioneer program.
>
> If anyone has signed up to be a Green Mountain installer, please contact 
me
> off list. I'd like to know what the deal is with GM.
>
> "Jeffrey Wolfe, Global Resources" wrote:
>
> > Of interest to all of us scrounging for a living, maybe we can use this
> > marketing and business planning to our own endeavors...
> >
> > Green Mountain Energy Offers Solar Energy to Californians
> >
> > California residents can use solar energy to reduce their
> > electrical needs, and as of a couple weeks ago, they have a
> > new place to turn to for solar energy systems. Green
> > Mountain Energy Company (GMEC) announced last month
> > that it is now offering solar electric systems with capacities
> > ranging from 1 to 4 kilowatts. The company will handle all
> > aspects of the system installation and will provide annual
> > checkups for the first five years of operation. See the GMEC
> > press release at:
> > <https://www.greenmountain.com/gmec/about/news/20010821.html>.
> >
> > It's interesting to note that in the press release they state that 
their
> > systems "pay for itself with combined savings from reduced electric 
bills,
> > state rebates and increased property value."
> > I'd like to see the documentation on that "increased property value", 
but,
> > heck, that's what marketing is all about...
> > And guess who owns a 25% stake in GME ? BP, that's who.
> >
> > Jeff
> >
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