I did my homework and I chose SolarCity because they were forefront in doing large installations, have a contract with PG&E in the Bay Area and as of today are partnered with Google.
They were great to work with, completely professional, and Kevin DeMattio, our consultant, was very cool. Again, I did my homework and I thought the 20 year lease option was the way to go, especially since we signed up last year in February when the incentives were higher and the lease includes insurance and replacement. We got a 5.4KW system and paid $6500 up front (and they gave $500 cash back) plus we spent around $3000 for the panel upgrade including trenching and cement work (ours was higher because we live in an area with methane gas). So basically we paid approx $9000 and since the panels were fired up last October we've made $891 worth of electricity. You do the math.
Here's the bill this month we got from LADWP, which includes power, water, trash and sewer:
Your Los Angeles Department of Water and Power (LADWP) bill is now available
for online viewing and payment.
Service Address: 12600 XXXX XX, LOS ANGELES, CA 90066
So you are out of pocket $9,000 and have made $891 in 5 months or around $2000 for a year if your savings stays stable so then you get your original investment back in 4 1/2 years if your lease cost is fixed, less if it increase 3.8% per year so why is this a good investment?