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Yes you would want to switch to net metering when your contract expires. How would I go about calculating any degradation that I have seen in my panels in the five years that they have been on my roof? June of 2020 was my second best month ever, just slightly below June of 2016. Does anyone know where I can pull down solar insolation data to know which month was sunnier, and by how much? Try to calculate some sort of efficiency of the panels every month and see how much that is decaying. I got in touch with payday loans arizona the seller and we both mutually agreed to a price that he would report to CRA at the price he sold the business to me and I will use that same price for my depreciation calculations.

The seller would recognize it as their sale price and the buyer would recognize it as their purchase price. CRA only allows you to depreciate what you PAID for the building, not its current MV. I am not sure if this has previously been answered on this forum. I just bought a house last year with an existing Micro-fit contract that would bad credit loans guaranteed approval direct lenders require roof re-shingling. The Inspector said I would have to do that in a couple of years. I was finally able to transfer the Micro-FIT contract through IESO last month. It took a little over 6 months but that was because IESO was updating their contract assignment tool. Happy to help anyone that would need help with that! I got in touch with the seller and we both mutually agreed to a price that he would report to CRA at the price he sold the business to me and I will use that same price for my depreciation calculations.

I am not sure if this has previously been answered on this forum. I just bought a house last year with an existing Micro-fit contract that would require roof re-shingling. The Inspector said I would have to do that in a couple of years. I was finally able to transfer the Micro-FIT contract through IESO last month. It took a little over 6 months but that was because IESO was updating their contract assignment las vegas payday loans tool. Happy to help anyone that would need help with that! Any expenses to remove and reinstall the panels should be expensed against your solar revenues. And any HST you pay for that removal should reported as an ITC so no fax loans you can get it back. I was finally able to transfer the Micro-FIT contract through IESO last month. It took a little over 6 months but that was because IESO was updating their contract assignment tool. I contacted the Local Distribution Company after the house sale concluded and told them the contract assignment is in process.

They got a confirmation from the seller and basically sat on the revenue for six months. Issued me a cheque last month once the assignment was complete. My husband and I are looking at buying a rental property with an existing Grasshopper solar contract.


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The owner at the time the panels were installed has a contact v 3. They receive the hydro payments for generation and sign over the cheques to Grasshopper.

Hoping you can weight in on the following questions. Would that be your understanding of the rules as well? Is that also your understanding of the current rules? Do you know of anyone who has had to cancel their Grasshopper contract due to not being able to be an eligible Supplier (because of the MicroFit rules) and what costs they may have incurred due to not owning the panels (e. My husband and I are looking at buying a rental property with an existing Grasshopper solar contract.

The owner at the time the panels were installed has a contact v 3. They receive the hydro payments for generation and sign over the cheques to Grasshopper. Hoping you can weight in on the following questions. Would that be your understanding of the rules as well? Is that also your understanding of the current rules? Do you know of anyone who has had to cancel their Grasshopper contract due to not being able to be an eligible Supplier (because of the MicroFit rules) and what costs they may have incurred due to not owning the panels (e. The above is likely "worst case" las vegas payday loans but it is a pretty bad worst case.

I wanted to also mention that our primary residence solar panels were obtained through Solar Brokers Canada and we do not have to assign payments to them. Instead, they were installed at an agreed cost and are being paid back as a loan. We pay a loan amount every month and we have statements to show what is still remaining to be paid on the loan. SBC estimated our generation to show us that the panels would likely pay for themselves in 9-10 years. We are happy with our purchase because we know that should hydro rates ever go above what we are getting per kWh, we can cancel the MicroFit contract and switch to using our own generated electricity.

Lastly, we believe as the panels are owned, they add value should we decide to sell in future.

The contact is for 20 years and then the panels are theirs (lease-to-own).

And that las vegas payday loans amount is after they have been paid for Years 1-4 cash advance lexington ky and part of Year 5 through the MicroFit program (0. People need to think about that if they buy a house with these types of lease-to-own panels and the seller tries to convince them to assume the contract. Do you know how much (estimate) a 10,000 watt system would have cost (all in - panels, brackets, hook-up, labour) back in 2016? Do you know how much (estimate) a 10,000 watt system would have cost (all in - panels, brackets, hook-up, labour) back in 2016? The contact is for 20 years and then the panels are theirs (lease-to-own).

And that amount is after they have been paid for Years 1-4 and part of Year 5 through the MicroFit program (0.


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People need to think about that if they buy a house with these types of lease-to-own panels and the seller tries to convince them to assume the contract. Do you know how much (estimate) a 10,000 watt system would have payday loans no brokers no fees cost (all in - panels, brackets, hook-up, labour) back in 2016? What is crazy is the deal that grasshopper made for itself with the building owner. And now the homeowner (or the building buyer) has to make good on the contractual obligations. I got in touch with the seller and we both mutually agreed to a price that he would report to CRA at the price he sold the business to me and I will use that same price for my depreciation calculations. Looking at buying a fourplex with 8 year old solar panels (12 years remaining on contract). Waiting on KWh details, but just wanted to thank you and in advance.

Helped me through bifurcating out the cashflow streams from rental income and solar. I payday loans brampton expect that I will need to do the same in the next year or so. I understand the tax implications (the additional cost of removing and re-installing the solar panels can be written off), but what about: 1. Who does the removal and re-installation of the solar panels?

The original installers, or are there roofing companies who are comfortable with this? Many people are getting their roofs redone because of the wind damage done in the past few years or so... People have to remember that shingles go to crap for various reasons the main one being not enough or inproper ventilation to get the heat out of the attic. Remember that the shingles under your panels are protected from the elements more so than the rest of your roof.

I see many people in my neighbourhood getting new roofs just because their neighbour had a new one installed. Just this past summer, one of my neighbours said he was thinking of replacing his roof (19 years old and looks perfect) I asked him why and he said that everyone else las vegas payday loans was doing it. I laugh at the mentality of many nowadays and its getting worse.

People are losing the ability to think critically and are becoming more and more dependant on others to think for them.

My panels were installed in 2015 and my roof was about 14 years old then. Just for laughs, I asked a roofer working down the street on an older home to look at it and give me his opinion and he just shrugged his shoulders and said it looks good. Proper venting does not just mean more vents near the peak but also proper intake from the soffit area. Picture pouring gas into your car from a gas can without opening the vent cap.

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RedFlagDeals for iOS and Android makes it easy to stay on top of the latest Canadian deals, flyers and freebies from wherever you are! To prove your theory is incorrect, try paying the prepaid MC linked to your PC Money acct with payments of less than 30 days apart. Does anyone have the complete list of payees or know to get a complete list of payees from PCF money acct(I. Even though they list certain types like credit cards. Does anyone have the complete list of payees or low income payday loans know to get a complete list of payees from PCF money acct(I. Even though they personal loan interest rates comparison list certain types like credit cards. FYI re holds on funds transferred from a linked bank account. Called afterward and was told it could take several weeks.

Update: Contacted PC Financial and was told by the agent that fast easy cash the previous agent misinformed me because apparently to qualify for the 25,000 points you had to have your payroll deposited not just 3 times but for 3 months.

Informed the agent that it was not my fault that the previous agent misinformed me or that PC Financial was not clear with the conditions for the payroll las vegas payday loans deposit bonus points. He created an escalation to have the 25,000 points added and told me that it would several weeks. Update: Contacted PC Financial and was told by the agent that the previous agent misinformed me because apparently to qualify for the 25,000 points you had to have your payroll deposited not just 3 times but for 3 months.

Informed the agent that it was not my fault that the previous agent misinformed me or that PC Financial was not clear with the conditions for the payroll deposit bonus points. He created an escalation to have the 25,000 points added and told me that it would several weeks.

FYI re holds on funds transferred from a linked bank account. One might think that I can use the total amount shown as my Total Balance right now - before its added to my displayed balance...

Amounts on hold may temporarily not be included in total balance while they are being processed. One might think that I can use the total amount shown as my Total Balance right paydayloans now - before its added to my displayed balance... Amounts on hold may temporarily not be included in total balance while they are being processed. Previously, pulls would have the funds available in a day or two. Previously, pulls would have the funds available in a day or two.

Correct, I initiated the funds transfers from my PC Money online dashboard.