How Do I Finance $5000?solar water heater tank
Question:
solar water heater tankI have a company that markets Solar Water Heater and Solar Pool Heaters. I’ve found it difficult to get good financing because these loans are usually under $5000. Typically I’ve used credit card companies like Conseco and Wells Fargo. But the rates are high and the payments are usually 2% of the balance, and they’re looking for golden credit since it’s an unsecured loan…
How about selling something that costs less? I’m writing this looking for some creative ideas on how to better finance Solar. A typical Solar Water Heater will save the average South Florida homeowner $40-50 a month in electricity. The system costs around $4000. Ideally we would like to get the monthly payment below the $40-50 a month that the system saves. solar water heater tankThis way it will pay for itself with the money it saves, right from the very first day…
NREL says the water comes out of the ground at 76 F in Miami, and 1320 Btu/ft^2 of sun falls on a south wall on an average January day with a 24-hour average daily air temp of 67 F and a 75 F average daily high. solar water heater tankHeating water for 4 15-minute 1.25 gpm 110 F showers per day only takes 4×15x1.25×8(110-76) = 21K Btu/day. A square foot of 120 F south-facing surface might gain 1320 Btu and lose 6h(120-71)2 = 588 Btu/day, so a so a water heater might have 21K/(1320-588) = 29 ft^2 of surface. The 30-year record January low in Miami is 30 F. You might try selling AC desuperheaters or unglazed Sky Mats from Zomeworks or Solahart heaters instead of these $4,000 systems…
Response:
The 30-year record January low in Miami is 30 F. You might try selling AC desuperheaters or unglazed Sky Mats from Zomeworks or Solahart heaters instead of these $4,000 systems…solar water heater tank I take it all those mathematical calculations were meant to say that the water doesn’t need to be heated that much anyway, so why not scimp…
No, but here’s a quote from “Solar Air Heater Plans” by Ray Wolf, ISBN 0-87857-369-3, published by Rodale Press, 33 East Minor St., Emmaus, PA 18049 in 1981… When talking about the efficiency of a solar collector, you have to consider not only how much energy you collect,solar water heater tank but also how much it costs to collect it. Let’s look at two parked cars, each collecting solar energy in a parking lot on a sunny summer day. Car A is a used VW costing $2,500, while car B is a “previously owned” deluxe Rolls Royce costing $42,000. Let’s say our VW collects the solar equivalent of 1 gallon of gasoline, while the Rolls collects the equivalent of 1 1/2 gallons of gasoline during the day. Which is the better deal?solar water heater tank The cost per gallon of the VW gasoline is a fraction of that of the Rolls; thus, although the cheaper collector doesn’t collect as much energy, the cost per gallon is far below the more efficient Rolls Royce collector. We feel like we’ve designed a collector that works like a Rolls Royce at a VW price. Our collector is the most cost-effective solar collector we know of. If you build your unit with entirely new materials it should cost you no more than $250, installed. The cheapest comparable-size commercial unit sells for slightly over $400… When you talk to solar salesmen, they will talk one of two numbers, depending on which favors their collector: cost per square foot of collector surface or Btu’s delivered per square foot of collector surface per year. The first is an indicator of the cost of the unit, the second, an indicator of the overall effectiveness of the unit. A combined figure gives you the cost-effectiveness of the unit–sort of a solar “MPG” rating. Very few salesmen want to talk these numbers. All those companies that tried that died out many years ago. I’ve sold thousands of $4000 systems for over 15 years and everyone is very happy.
Ignorance can be bliss. Why change what works?
Cost-effectiveness. I’m not about to start selling junk.solar water heater tank No one wants an ugly Solahart system on their roof, HOA’s are like nazi’s in S. Florida. Those might go over in low income areas, but if they can’t come up with $4000 they can’t come up with $2000…
And attitudes can be crippling. As far as the Sky Mat goes, I can’t find it on the Zomeworks website.
You might look at
Response:
the skymat looks like a emitter, not a collector.solar water heater tank it’s a stretch to call a solahart uglyt.htm — Steve Spence Subscribe to the Renewable Energy Newsletter & Discussion Boards. Read about Sustainable Technology
- Hide quoted text — Show quoted text – The 30-year record January low in Miami is 30 F. You might try selling AC desuperheaters or unglazed Sky Mats from Zomeworks or Solahart heaters instead of these $4,000 systems… I take it all those mathematical calculations were meant to say that the water doesn’t need to be heated that much anyway, so why not scimp… No, but here’s a quote from “Solar Air Heater Plans” by Ray Wolf, ISBN 0-87857-369-3, published by Rodale Press, 33 East Minor St., Emmaus, PA 18049 in 1981… When talking about the efficiency of a solar collector, you have to consider not only how much energy you collect, but also how much it costs to collect it. Let’s look at two parked cars, each collecting solar energy in a parking lot on a sunny summer day. Car A is a used VW costing $2,500, while car B is a “previously owned” deluxe Rolls Royce costing $42,000. Let’s say our VW collects the solar equivalent of 1 gallon of gasoline, while the Rolls collects the equivalent of 1 1/2 gallons of gasoline during the day. Which is the better deal? The cost per gallon of the VW gasoline is a fraction of that of the Rolls; thus, although the cheaper collector doesn’t collect as much energy, the cost per gallon is far below the more efficient Rolls Royce collector. We feel like we’ve designed a collector that works like a Rolls Royce at a VW price. Our collector is the most cost-effective solar collector we know of. If you build your unit with entirely new materials it should cost you no more than $250, installed. The cheapest comparable-size commercial unit sells for slightly over $400… When you talk to solar salesmen, they will talk one of two numbers, depending on which favors their collector: cost per square foot of collector surface or Btu’s delivered per square foot of collector surface per year. The first is an indicator of the cost of the unit, the second, an indicator of the overall effectiveness of the unit. A combined figure gives you the cost-effectiveness of the unit–sort of a solar “MPG” rating. Very few salesmen want to talk these numbers. All those companies that tried that died out many years ago. I’ve sold thousands of $4000 systems for over 15 years and everyone is very happy. Ignorance can be bliss. Why change what works? Cost-effectiveness. I’m not about to start selling junk. No one wants an ugly Solahart system on their roof, HOA’s are like nazi’s in S. Florida. Those might go over in low income areas, but if they can’t come up with $4000 they can’t come up with $2000… And attitudes can be crippling. As far as the Sky Mat goes, I can’t find it on the Zomeworks website. You might look at
Once again … it can be done for less … much less.solar water heater tank I have bought , installed and been using for the last two years this product . The cost delivered to me was $1670.00. took 3 hours to install and does about 95% of my hot water needs with a 2 panel collector system (about 30sf). 10 months out of the year the electricity is cut off to the hot water tank , only Dec and January , on cloudy days (Lakeland Florida) , do I need electric assist. $4,000 dollars is a rip-off , maybe that’s why no one wants to finance your offerings …
- Hide quoted text — Show quoted text – I have a company that markets Solar Water Heater and Solar Pool Heaters.solar water heater tank I’ve found it difficult to get good financing because these loans are usually under $5000. Typically I’ve used credit card companies like Conseco and Wells Fargo. But the rates are high and the payments are usually 2% of the balance, and they’re looking for golden credit since it’s an unsecured loan… How about selling something that costs less? I’m writing this looking for some creative ideas on how to better finance Solar. A typical Solar Water Heater will save the average South Florida homeowner $40-50 a month in electricity. The system costs around $4000. Ideally we would like to get the monthly payment below the $40-50 a month that the system saves. This way it will pay for itself with the money it saves, right from the very first day… NREL says the water comes out of the ground at 76 F in Miami, and 1320 Btu/ft^2 of sun falls on a south wall on an average January day with a 24-hour average daily air temp of 67 F and a 75 F average daily high. Heating water for 4 15-minute 1.25 gpm 110 F showers per day only takes 4×15x1.25×8(110-76) = 21K Btu/day. A square foot of 120 F south-facing surface might gain 1320 Btu and lose 6h(120-71)2 = 588 Btu/day, so a so a water heater might have 21K/(1320-588) = 29 ft^2 of surface. The 30-year record January low in Miami is 30 F. You might try selling AC desuperheaters or unglazed Sky Mats from Zomeworks or Solahart heaters instead of these $4,000 systems…
Response:
…I think it’s time to raise prices. I’ve seen other companies charging $6000. solar water heater tankThen the banks will take it on a 20 year loan.
Arrogance and ignorance is an unfortunate combination. The Sustainable Village also sells Spanish Sky Mats for about $50… Lowest cost solar thermal panels The least expensive way to heat enough water for regular showers. Unglazed so only practical in areas that don’t freeze or for summer only use. Also great for swimming pool heating. The absorber area should be chosen 50% larger if there is no cover. The regionally different number of sunshine hours can be allowed for by adding or deducting up to 20% absorber area. The flow rate should be 150 to 250 l/m^2 absorber area per hour. The required type of pump is easy to determine. The delivery rate is calculated from the absorber area x 200 lts. The delivery head is the difference in height between the water level and the absorber panel plus approx. 5m. Each panel measures length 1320 mm – width 820 mm – 1.08 m^2 with 4 couplings dia. 25mm (type A) or with integrated collecting pipe dia. 40 mm and two couplings dia. 25 mm (type B) Recommended absorber area in % of pool surface for open-air pools with cover or indoor swimming pools (early May through end of September). Temp increase 4-7 C compared to unheated swimming pools. Type A is for the first and last in a connected series and has a 40mm header for the water to flow in. Type B is for the panels in between and connects with 25mm hose connectors to make as large a collector as needed. For example, if you wanted to join 10 together in one line, you would buy 2 type A for the flow in and out and 8 type B to couple up between the two end panels. FOB Spain The Sustainable Village, LLC 717 Poplar Ave. Boulder, CO 80304 voice 303-998-1323 ext. 100, 888-317-1600 fax 303-449-1348 Sustainable Resources 2003
Response:
you are a dick. *plonk* — Steve Spence Subscribe to the Renewable Energy Newsletter & Discussion Boards.solar water heater tank Read about Sustainable Technology
- Hide quoted text — Show quoted text – this is not your showroom. this is where we help each other with information. Then inform me how to finance $5000 which was the topic of the post. From what I’ve seen you’re not here for anything but to pump up your ego. you aren’t welcome to use this place to drum up business. keep pushing your $4k toys, Pushing? When have I even mentioned my company name? I’m not even posting from my own e-mail account.solar water heater tank You can’t get local business off the Internet anyway. I’m asking about financing so I CAN save my customers some money. You’re the one who keeps making juvenile off topic comments. All the while YOU are advertising green-trust.org. we’ll keep showing folks how to make better stuff for less. We? Better stuff? For less? You’re a miser with an authority problem masquerading as a conservationist. I could just imagine what the trailer you live in looks like. Garden hose on the roof. Plumbed to a kiddie pool. Warped homemade collector ready to fly off your roof and through the neighbors front window the next tornado. Eight kids running around because you insist on making your own condoms…
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- Hide quoted text — Show quoted text – When I’m shopping for something, and the company telephone rep or website offers to send a salesman to my home, I take it for granted that their price will include the cost of sending salesmen to many homes whose owners don’t buy. Since that would mean that I’d be paying for something other than product, it’s on to outfits with more streamlined arrangements. I don’t get my business off the internet. I just keep that site on free web space to play around with. solar water heater tankInternet is useless for local business. And it’s true, the price is reflective of the cost of those who don’t buy. It’s the same with all products that use advertising to market their products. There’s no reason you can’t use the salesman to educate you then order a system over the internet and hire a local contractor to do the work. I ordered my car off the internet and cut out the salesman. To convince someone that it’s in the their best interest to buy from them is how salespeople earn their pay.
I thought you said that you didn’t want to “cut your salesman’s throat”? It’s not nice for a customer to waste a salesman’s time, and then buy the product direct. The cost is trivial to have a proper web site with product and price details. If you don’t have that, I bet it’s because you prefer the hard sell approach. Your comment about internet being useless for local business is ridiculous. To mention just one fact – web sites are a cost-effective tool for limiting the amount of time you waste answering the same questions over and over. Wayne
Response:
home owners who have to figure out the $/btu should consider you a rip off. it’s not about how long I can finance a system. that just puts my energy (interest) dollars ( and a lot of them) into a bankers (and yours if you get a cut) pocket. — Steve Spence Subscribe to the Renewable Energy Newsletter & Discussion Boards. Read about Sustainable Technology: http://www.green-trust.org
- Hide quoted text — Show quoted text – Once again … it can be done for less … much less. I have bought , installed and been using for the last two years this product. The cost delivered to me was $1670.00. took 3 hours to install and does about 95% of my hot water needs with a 2 panel collector system (about 30sf). 10 months out of the year the electricity is cut off to the hot water tank , only Dec and January , on cloudy days (Lakeland Florida) , do I need electric assist. It would take a three panel system to equal the BTU output of the 4×10 panel I use. The system they have that’s even remotely comparable to mine is the System 200133C80 which costs $2355. And that’s not including the storage tank which is $500. Then add on $500 for a professional installation and it’s not such a bargain. Especially when that polycarbonate glazing starts to warp. They use polycarbonate cover rather than tempered glass, so it’s light and easy to get up on the roof to sucker the do-it-yourselfers. It’s also a lot cheaper than tempered glass. You paid less and you got less. A lot less. BTW did you pull a permit? You’re real smug now but watch what happens when it’s time to sell your house. You ripped yourself off. Like I said. Penny wise pound foolish. I would never put a piece of crap like that on someone’s roof. $4,000 dollars is a rip-off , maybe that’s why no one wants to finance your offerings … The loan amount is too small. If I charge over 5k like some others do, financing would be no problem. No one knowledgeable considers 4k a rip off, including the Federal Government, Freddie Mac, FHA, or the VA
Response:
Once again … it can be done for less … much less.solar water heater tank I have bought , installed and been using for the last two years this product . The cost delivered to me was $1670.00. took 3 hours to install and does about 95% of my hot water needs with a 2 panel collector system (about 30sf). 10 months out of the year the electricity is cut off to the hot water tank , only Dec and January , on cloudy days (Lakeland Florida) , do I need electric assist. $4,000 dollars is a rip-off , maybe that’s why no one wants to finance your offerings …
- Hide quoted text — Show quoted text – I have a company that markets Solar Water Heater and Solar Pool Heaters. I’ve found it difficult to get good financing because these loans are usually under $5000. Typically I’ve used credit card companies like Conseco and Wells Fargo. But the rates are high and the payments are usually 2% of the balance, and they’re looking for golden credit since it’s an unsecured loan… How about selling something that costs less? I’m writing this looking for some creative ideas on how to better finance Solar. A typical Solar Water Heater will save the average South Florida homeowner $40-50 a month in electricity. The system costs around $4000. Ideally we would like to get the monthly payment below the $40-50 a month that the system saves. This way it will pay for itself with the money it saves, right from the very first day… NREL says the water comes out of the ground at 76 F in Miami, and 1320 Btu/ft^2 of sun falls on a south wall on an average January day with a 24-hour average daily air temp of 67 F and a 75 F average daily high. Heating water for 4 15-minute 1.25 gpm 110 F showers per day only takes 4×15x1.25×8(110-76) = 21K Btu/day. A square foot of 120 F south-facing surface might gain 1320 Btu and lose 6h(120-71)2 = 588 Btu/day, so a so a water heater might have 21K/(1320-588) = 29 ft^2 of surface. The 30-year record January low in Miami is 30 F. You might try selling AC desuperheaters or unglazed Sky Mats from Zomeworks or Solahart heaters instead of these $4,000 systems… Nick
Response:
Arrogance and ignorance is an unfortunate combination. solar water heater tankThe Sustainable Village also sells Spanish Sky Mats for about $50… I agree with the arrogance part but what am I ignorant of?
Ohm’s law for heatflow (“all that mathematics”), for starters. It’s like Ohm’s law for electricity, but you replace voltages with temperatures, currents in amps with heatflow in Btu/h, and Ohms with R-values and areas. This is very basic to solar water heating. Even more basic than looking at catalogs and opening crates and hooking expensive boxes together. So far no one’s shown me anything better than what I use. I wouldn’t have my license for long nor would it pass inspection if I installed a Sky Mat and called it a solar water heater, or even a pool heater…
I don’t believe that is true. It seems to me you might easily make an efficient and inexpensive water heater in Florida with 3 or 4 thermosyphoning 32″x48″ unglazed Zomeworks Sky Mats below a 4′x4′x2′ tall insulated plywood box with an EPDM liner and a 42 gallon pressurized tank inside. With some attention to codes, you might add a $5 thermostat and a rarely-used $7 3500 W immersion heater for backup. The houses I target are 200k and up, and I’m in Florida, not Biafra.
Congratulations. Are we talking physics or fashion statements?
Response:
I can’t see spending $4000 for solar water heating. It’s not brain surgery. It’s not expensive.htm Throwing good money away foolishly isn’t my style, — Steve Spence Subscribe to the Renewable Energy Newsletter & Discussion Boards. Read about Sustainable Technology
- Hide quoted text — Show quoted text – The 30-year record January low in Miami is 30 F. You might try selling AC desuperheaters or unglazed Sky Mats from Zomeworks or Solahart heaters instead of these $4,000 systems… I take it all those mathematical calculations were meant to say that the water doesn’t need to be heated that much anyway, so why not scimp. All those companies that tried that died out many years ago. I’ve sold thousands of $4000 systems for over 15 years and everyone is very happy. Why change what works? I’m not about to start selling junk. No one wants an ugly Solahart system on their roof, HOA’s are like nazi’s in S. Florida. Those might go over in low income areas, but if they can’t come up with $4000 they can’t come up with $2000. As far as the Sky Mat goes, I can’t find it on the Zomeworks website. My question was how to better finance a top of the line system. Not how to cut corners.
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- Hide quoted text — Show quoted text – get feebly combative with the potential customers.solar water heater tank Are you senile or are you just not reading my posts? I’m not looking for customers here. I couldn’t care less what you think. So far all I’ve found here is two morons. The plans on Steve’s site would make the home owner a laughing stock outside the ghetto. and you don’t have a clue about marketing or finance. I never asked you your opinion of my prices so of course I’m going to shit on you. You both offered nothing constructive. A couple of real pricks.
Actually, I offered some good tips. The fact that you ignore them speaks volumes. You don’t believe any of your potential customers will discover your posts (and your attitude) in the archives? You must think they’re stupid.
Response:
Well this is sure a brawl..Steve, Nick..I have tremendous respect for you guys for reasons which are specific to all you offer. solar water heater tank I also spent many years in the business, and was there to watch the Solar industry crash around me when the tax credits ended in the mid eighties. It was way worse than any Internet bubble. I could ride it out because my houses were more than just Solar, and I had way more referrals than I could handle, but all of the Solar installation companies that I knew went under. Stephen says he’s been in business 15 years. That puts his start-up in the post tax credit era. I have a lot of respect for anyone who has run a successful installation company over these years. There are different products for different people, different lifestyles, and different tastes. Arguing that everyone should buy either a Mercedes SL or a used Ford Focus is irrelevant and ridiculous. There are people in this world who wouldn’t want to spray paint the siding on the south of their house black and stretch a sheet of polyethylene over it. There are also folks who would rather do that than spend thousands on a col- -lector array that looks like a fancy set of skylights. Someone made a comment about “physics or fashion statements” It has to be BOTH, and to ignore that is (I say redundantly) to be ignorant. There was a bluegrass band called The Dillards. They did a song about a dog called Old Blue. They preceded it with a little talk about the different ways that people felt about dogs. They said that down on the farm they did not shave them up in little balls and prance them around, and that if there was ever a rhinestone collar around the house, it would definitely go on Momma. I’ve designed Solar houses for a lot of different kinds of people. I am very proud of one that the owner was able to build for only $2,000. It was a wonderful challenge. But….all of my other new house clients wanted houses that looked great and would stand, relatively trouble free, for many decades. Though most of my clients were only of average means, they did their own general contracting and their houses were far nicer than the average home. They were very cost conscious, but they would sure didn’t want to wreck their very special house by putting a less than very special collector up in the center of the roof. I’m a real stickler for cost effectiveness, and if a system won’t buy itself back in 10 years (preferably 5) I’m not for it. I found alternatives to component DHW systems because of cost, but I seldom blamed the cost on the installing contractor. If you’re in it for the money, you would not be installing Solar. There are faster and easier way to turn a buck. I don’t find $4000 to be at all over priced for a high quality component Solar DHW system installed by a legitimate contractor who treats his customers like they are special and stands behind his product and his service. The systems cost that much twenty years ago. I don’t know Stephen, and I don’t know his product, and I don’t even know the name of his company or where it is located, but if he has managed to stay in the Solar installation business over the last 15 years, then he know a lot more about it then we do, and he has my utmost respect. You three guys have way more in common than the petty crap that you’re bickering about. You are all three doing very positive things to promote the usage of Solar. You’re just promoting it to a different demographic. Laren Corie Passive Solar Building Design Since 1975
Response:
The 30-year record January low in Miami is 30 F. You might try selling AC desuperheaters or unglazed Sky Mats from Zomeworks or Solahart heaters instead of these $4,000 systems… I take it all those mathematical calculations were meant to say that the water doesn’t need to be heated that much anyway, so why not scimp…
No, but here’s a quote from “Solar Air Heater Plans” by Ray Wolf, ISBN 0-87857-369-3, published by Rodale Press, 33 East Minor St., Emmaus, PA 18049 in 1981… When talking about the efficiency of a solar collector, you have to consider not only how much energy you collect, but also how much it costs to collect it. Let’s look at two parked cars, each collecting solar energy in a parking lot on a sunny summer day. Car A is a used VW costing $2,500, while car B is a “previously owned” deluxe Rolls Royce costing $42,000. Let’s say our VW collects the solar equivalent of 1 gallon of gasoline, while the Rolls collects the equivalent of 1 1/2 gallons of gasoline during the day. Which is the better deal? The cost per gallon of the VW gasoline is a fraction of that of the Rolls; thus, although the cheaper collector doesn’t collect as much energy, the cost per gallon is far below the more efficient Rolls Royce collector. We feel like we’ve designed a collector that works like a Rolls Royce at a VW price. Our collector is the most cost-effective solar collector we know of. If you build your unit with entirely new materials it should cost you no more than $250, installed. The cheapest comparable-size commercial unit sells for slightly over $400… When you talk to solar salesmen, they will talk one of two numbers, depending on which favors their collector: cost per square foot of collector surface or Btu’s delivered per square foot of collector surface per year. The first is an indicator of the cost of the unit, the second, an indicator of the overall effectiveness of the unit. A combined figure gives you the cost-effectiveness of the unit–sort of a solar “MPG” rating. Very few salesmen want to talk these numbers. All those companies that tried that died out many years ago. I’ve sold thousands of $4000 systems for over 15 years and everyone is very happy.
Ignorance can be bliss. Why change what works?
Cost-effectiveness. I’m not about to start selling junk. No one wants an ugly Solahart system on their roof, HOA’s are like nazi’s in S. Florida. Those might go over in low income areas, but if they can’t come up with $4000 they can’t come up with $2000…
And attitudes can be crippling. As far as the Sky Mat goes, I can’t find it on the Zomeworks website.
You might look at
Response:
You could also target new home buyers. I’ve heard that some mortgage companies are offering better term and/or larger loans if a house is energy efficient. The reasoning goes that if your utility bills are lower,solar water heater tank you have more left over for a mortgage payment. How about teaming up with real estate agents as well? Funny you should mention that because I am a real estate agent as well as a solar contractor. My wife will be a mortgage broker soon as well. But will she be able to sell off measly $4000 secured loans?
She would not be selling a $4000 loan. For an existing home owner, get them to refinance, taking out $4000 in equity to pay for the upgrade. Lets say the owner of a 200k house has 60k in equity and the loan is at 6%. With 20% down for their existing loan, their monthly payment on a 160k loan is $959. They have payed down 20k of the loan, so the new one is for 160k – 20k + 4k = 144k. Lets say they can refinance that 144k at 5.5%. Their payment is now $818, plus they will reduce their hot water bill. This does not include the cost of refinancing, but You could probably still come out ahead. If the rates go up, this all falls apart. A good reason to get clients to do it now. What was your thoughts on teaming up with real estate brokers? I have a book I got from the Edison Institute called Using the Energy Factor to Sell Homes. But realtors are a closed minded sort, as are builders. Maybe I don’t have the right approach?
I’m not sure. I am not in either the solar business nor a realtor, but I was thinking that as the solar contractor you could sell it to the broker as a way to make their listings more attractive. Offer a solar water heater as on option the same way agents offer home warranties to the buyers. To the broker its a marketing tool. To the buyer, its a way to reduce the total cost of ownership. You might be able to do the same with sellers, but I doubt that you could raise the price enough to cover the cost. That is, I don’t think the seller could install the system just before putting the house on the market and be able to cover his costs. In a slow market though, it might be the difference between selling or not. I wish I could point to some market research that would indicate what the demand for efficient houses are. We have been looking for a house for some time. Given a choice, I would gladly buy a more efficient one, even at a up-front premium. When I go to sell it someday, it will be more efficient
I know that there are loans to be had that any energy efficient improvements can’t be counted towards the cost. http://www.eere.energy.gov/erec/factsheets/feehome.html
Did you mean “efficient improvements CAN be counted towards the cost.”? The link seems to say you can include the cost of improvments in the mortgage, as long as it lowers the monthly costs. Regards, Andy
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My parents are retired. I build computer networks.solar water heater tank What’s your problem? — Steve Spence Subscribe to the Renewable Energy Newsletter & Discussion Boards. Read about Sustainable Technology
- Hide quoted text — Show quoted text – indeed, a mouth of reason and truth. I don’t sell the stuff, so I’m a bit more unbiased and believable. A reseller is going to push what he can make a buck on, not what’s necessarily good for the customer. You seem very biased against salespeople and marketing. If there wasn’t something in it for you you wouldn’t be expending your energy. Granted it’s not money. You want to be right. You want to be a hero. A protector of truth justice and the American way. Look, it’s a bird, it’s a plane! It’s Superslacker! BTW, If you don’t sell stuff or work for someone who sells stuff how do you pay your bills? Do your parents sell stuff?
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indeed, a mouth of reason and truth. I don’t sell the stuff, so I’m a bit more unbiased and believable. A reseller is going to push what he can make a buck on, not what’s necessarily good for the customer.solar water heater tank — Steve Spence Subscribe to the Renewable Energy Newsletter & Discussion Boards. Read about Sustainable Technology
Response:
glazing is great in NJ, but what does he need glazing for in Florida? We don’t use glazing in Haiti. — Steve Spence Subscribe to the Renewable Energy Newsletter & Discussion Boards. Read about Sustainable Technology
- Hide quoted text — Show quoted text – Arrogance and ignorance is an unfortunate combination. The Sustainable Village also sells Spanish Sky Mats for about $50… I agree with the arrogance part but what am I ignorant of? Ohm’s law for heatflow (“all that mathematics”), for starters. It’s like Ohm’s law for electricity, but you replace voltages with temperatures, currents in amps with heatflow in Btu/h, and Ohms with R-values and areas. This is very basic to solar water heating. Even more basic than looking at catalogs and opening crates and hooking expensive boxes together. So far no one’s shown me anything better than what I use. I wouldn’t have my license for long nor would it pass inspection if I installed a Sky Mat and called it a solar water heater, or even a pool heater… I don’t believe that is true. It seems to me you might easily make an efficient and inexpensive water heater in Florida with 3 or 4 thermosyphoning 32″x48″ unglazed Zomeworks Sky Mats below a 4′x4′x2′ tall insulated plywood box with an EPDM liner and a 42 gallon pressurized tank inside. With some attention to codes, you might add a $5 thermostat and a rarely-used $7 3500 W immersion heater for backup. The houses I target are 200k and up, and I’m in Florida, not Biafra. Congratulations. Are we talking physics or fashion statements?
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…I think it’s time to raise prices. I’ve seen other companies charging $6000.solar water heater tank Then the banks will take it on a 20 year loan.
Arrogance and ignorance is an unfortunate combination. The Sustainable Village also sells Spanish Sky Mats for about $50… Lowest cost solar thermal panels The least expensive way to heat enough water for regular showers. Unglazed so only practical in areas that don’t freeze or for summer only use. Also great for swimming pool heating. The absorber area should be chosen 50% larger if there is no cover. The regionally different number of sunshine hours can be allowed for by adding or deducting up to 20% absorber area. The flow rate should be 150 to 250 l/m^2 absorber area per hour. The required type of pump is easy to determine. The delivery rate is calculated from the absorber area x 200 lts. The delivery head is the difference in height between the water level and the absorber panel plus approx. 5m. Each panel measures length 1320 mm – width 820 mm – 1.08 m^2 with 4 couplings dia. 25mm (type A) or with integrated collecting pipe dia. 40 mm and two couplings dia. 25 mm (type B) Recommended absorber area in % of pool surface for open-air pools with cover or indoor swimming pools (early May through end of September). Temp increase 4-7 C compared to unheated swimming pools. Type A is for the first and last in a connected series and has a 40mm header for the water to flow in. Type B is for the panels in between and connects with 25mm hose connectors to make as large a collector as needed. For example, if you wanted to join 10 together in one line, you would buy 2 type A for the flow in and out and 8 type B to couple up between the two end panels. FOB Spain The Sustainable Village, LLC 717 Poplar Ave. Boulder, CO 80304 voice 303-998-1323 ext. 100, 888-317-1600 fax 303-449-1348 Sustainable Resources 2003 <www.carebridge.info “Resources for the Developing World”
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The appointment setter gets $200. The salesperson gets $650.
Yikes! What do these people do that you pay them that much? solar water heater tankIf a customer already knows what he wants, and adjusts his schedule to suit yours, does he still get to pay the $850? Wayne
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Stephen, Let me get this straight, your trying to offer the system on credit to your clients? This sounds a bit risky. For clients that have a mortgage or a line of credit, they could use that. 4000 at 6% for 30 years comes out the $23.98, at 15 years, its $33.75. I think you would be much better off letting the mortgage companies bare the risk, than your own company if you can help it. They will have a lot more leverage than you if the client defaults. It would also benefit your clients, as the mortgage interest is deductible on their taxes. Maybe you could hook up with a mortgage broker and help the client to refinance if they have not already. You could also target new home buyers. I’ve heard that some mortgage companies are offering better term and/or larger loans if a house is energy efficient. The reasoning goes that if your utility bills are lower, you have more left over for a mortgage payment. How about teaming up with real estate agents as well? Hope this helps. Regards, Andy – Hide quoted text — Show quoted text – I have a company that markets Solar Water Heater and Solar Pool Heaters. I’ve found it difficult to get good financing because these loans are usually under $5000. Typically I’ve used credit card companies like Conseco and Wells Fargo. But the rates are high and the payments are usually 2% of the balance, and they’re looking for golden credit since it’s an unsecured loan. I’m writing this looking for some creative ideas on how to better finance Solar. A typical Solar Water Heater will save the average South Florida homeowner $40-50 a month in electricity. The system costs around $4000. Ideally we would like to get the monthly payment below the $40-50 a month that the system saves. This way it will pay for itself with the money it saves, right from the very first day. Any alternatives to credit card companies would be greatly appreciated. Thank you,
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It’s the salesperson’s job to discuss price and details.solar water heater tank You don’t know much about sales I gather.
LOL I sure as hell know enough not to put together a cheesey web site, advertise it on Usenet, and then get feebly combative with the potential customers. And I know that if you had half a brain, once cornered, you’d explain *why* your prices and details can only be presented in person by a salesman. (As if none of us have figured it out.) BTW, quit phoning me at dinnertime.
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- Hide quoted text — Show quoted text – Yikes! solar water heater tankWhat do these people do that you pay them that much? If a customer already knows what he wants, and adjusts his schedule to suit yours, does he still get to pay the $850? If they call me from the phone book and I don’t need to use a salesman or appointment setter, the savings are passed on to the customer. In the world of in-home sales, commission needs to be 15-20% if you want to keep good salespeople. I could pay less or by the hour but then I would have to keep hiring new people. If there was a better way I think I would have found it after 15 years in business. I’ve tried it all different ways. But I’m always open to new ideas. I would love to get a system to the consumer for less, without cutting my or the salesman’s throat.
I just checked your site. I don’t see a breakdown of the difference in cost between in-home sales and direct sales. In fact, I don’t see any prices at all. I did get a friggen’ animated pop-up ad though. I would think that after fifteen years in business, you’d have figured out how to make your site appear reputable. Instead, you seem to prefer scare tactics over solid product info and competitive pricing. Boo as well to the indirect approach… inviting people to apply for a free survey. I’m thinkin’ that the “appointment setter” is the one who converts a “free” survey into an in-home sales visit, and that you’re sending salesmen out to pitch to weak prospects. Which probably results in a low success-rate, necessitating high sales-commissions. When I’m shopping for something, and the company telephone rep or website offers to send a salesman to my home, I take it for granted that their price will include the cost of sending salesmen to many homes whose owners don’t buy. Since that would mean that I’d be paying for something other than product, it’s on to outfits with more streamlined arrangements.
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this is not your showroom.solar water heater tank this is where we help each other with information. you aren’t welcome to use this place to drum up business. keep pushing your $4k toys, solar water heater tankwe’ll keep showing folks how to make better stuff for less. — Steve Spence Subscribe to the Renewable Energy Newsletter & Discussion Boards. Read about Sustainable Technology
- Hide quoted text — Show quoted text – I’m bothering to reply with facts, not a sales pitch. We see where your interests lie……. I’m not the red cross. I guess you don’t make a profit on what you sell. You’re just another hypocrite.
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the skymat looks like a emitter, not a collector. it’s a stretch to call a solahart ugly — Steve Spence Subscribe to the Renewable Energy Newsletter & Discussion Boards. Read about Sustainable Technology
- Hide quoted text — Show quoted text – The 30-year record January low in Miami is 30 F. You might try selling AC desuperheaters or unglazed Sky Mats from Zomeworks or Solahart heaters instead of these $4,000 systems… I take it all those mathematical calculations were meant to say that the water doesn’t need to be heated that much anyway, so why not scimp… No, but here’s a quote from “Solar Air Heater Plans” by Ray Wolf, ISBN 0-87857-369-3, published by Rodale Press, 33 East Minor St., Emmaus, PA 18049 in 1981… When talking about the efficiency of a solar collector, you have to consider not only how much energy you collect, but also how much it costs to collect it. Let’s look at two parked cars, each collecting solar energy in a parking lot on a sunny summer day. Car A is a used VW costing $2,500, while car B is a “previously owned” deluxe Rolls Royce costing $42,000. Let’s say our VW collects the solar equivalent of 1 gallon of gasoline, while the Rolls collects the equivalent of 1 1/2 gallons of gasoline during the day. Which is the better deal? The cost per gallon of the VW gasoline is a fraction of that of the Rolls; thus, although the cheaper collector doesn’t collect as much energy, the cost per gallon is far below the more efficient Rolls Royce collector. We feel like we’ve designed a collector that works like a Rolls Royce at a VW price. solar water heater tankOur collector is the most cost-effective solar collector we know of. If you build your unit with entirely new materials it should cost you no more than $250, installed. The cheapest comparable-size commercial unit sells for slightly over $400… When you talk to solar salesmen, they will talk one of two numbers, depending on which favors their collector: cost per square foot of collector surface or Btu’s delivered per square foot of collector surface per year. The first is an indicator of the cost of the unit, the second, an indicator of the overall effectiveness of the unit. A combined figure gives you the cost-effectiveness of the unit–sort of a solar “MPG” rating. Very few salesmen want to talk these numbers. All those companies that tried that died out many years ago. I’ve sold thousands of $4000 systems for over 15 years and everyone is very happy. Ignorance can be bliss. Why change what works? Cost-effectiveness. I’m not about to start selling junk. No one wants an ugly Solahart system on their roof, HOA’s are like nazi’s in S. Florida. Those might go over in low income areas, but if they can’t come up with $4000 they can’t come up with $2000… And attitudes can be crippling. As far as the Sky Mat goes, I can’t find it on the Zomeworks website. You might look at
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I have a company that markets Solar Water Heater and Solar Pool Heaters. solar water heater tank I’ve found it difficult to get good financing because these loans are usually under $5000. Typically I’ve used credit card companies like Conseco and Wells Fargo. But the rates are high and the payments are usually 2% of the balance, and they’re looking for golden credit since it’s an unsecured loan…
How about selling something that costs less? I’m writing this looking for some creative ideas on how to better finance Solar. A typical Solar Water Heater will save the average South Florida homeowner $40-50 a month in electricity. The system costs around $4000. Ideally we would like to get the monthly payment below the $40-50 a month that the system saves. This way it will pay for itself with the money it saves, right from the very first day…
NREL says the water comes out of the ground at 76 F in Miami, and 1320 Btu/ft^2 of sun falls on a south wall on an average January day with a 24-hour average daily air temp of 67 F and a 75 F average daily high. Heating water for 4 15-minute 1.25 gpm 110 F showers per day only takes 4×15x1.25×8(110-76) = 21K Btu/day. A square foot of 120 F south-facing surface might gain 1320 Btu and lose 6h(120-71)2 = 588 Btu/day, so a so a water heater might have 21K/(1320-588) = 29 ft^2 of surface. The 30-year record January low in Miami is 30 F. You might try selling AC desuperheaters or unglazed Sky Mats from Zomeworks or Solahart heaters instead of these $4,000 systems…
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I don’t find $4000 to be at all over priced for a high quality component Solar DHW system installed by a legitimate contractor who treats his customers like they are special and stands behind his product and his service.
I agree that $4k isn’t necessarily out of line for a high quality system from a reliable vendor. But I doubt that what’s we’re talking about here. His website is big on scare tactics, yet prices and specs are only to be revealed one-on-one. He isn’t willing to explain *why* these details aren’t in print, and he’s unreasonably combative when asked to discuss it. I’d be very surprised if a customer with a complaint would be treated any better. My guess is that his products are a poor value, and that his primary means of generating leads is telephone solicitation. It was enlightening to learn that his “appointment setters” are paid $200. Gawd, it’s no wonder these salespeople are still yakking even as I’m hanging up on them.
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glazing is great in NJ, solar water heater tankbut what does he need glazing for in Florida?
He probably doesn’t. …It seems to me you might easily make an efficient and inexpensive water heater in Florida with 3 or 4 thermosyphoning 32″x48″ unglazed Zomeworks Sky Mats…
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I must be one of those stupid morons, since I did heat a pool with a few hundred feet of green garden hose. the point is, you don’t need to spend $6000 or even $4000 to heat water. a quality long life system can be had for much less. Cost effectiveness and return on investment is more important than “how much can be financed” unless you are in the financing business. As I have said, I have built these units, I know what it takes to heat water. I’m not out to rip anyone off. I’m bothering to reply with facts, not a sales pitch. We see where your interests lie……. — Steve Spence Subscribe to the Renewable Energy Newsletter & Discussion Boards. Read about Sustainable Technology
- Hide quoted text — Show quoted text – so you are part of the establishment that believes in soaking the customer? $4k is an insane amount to charge for a water heater. how can you sleep at night? I’ve been building and using these gadgets for years. $1000 makes a very neat and efficient long lasting unit. What nonsense. Just the tank costs $500. A professional install is $500. Even if you were going to make one, the tempered glass for the collector costs $200. You’re obviously not in business, and are ignorant of what it costs to stay in business. This isn’t a charity, it’s a business that has to stand behind the product for 10 years. My cost just for equipment and install is $2500 not including all the costs to run a business, insurance, licensing, permits, and advertising. The appointment setter gets $200. The salesperson gets $650. The company gets $650. And with solar you don’t get a chance to keep selling them upgrades. There’s no planned obsolescence or profit off maintenance. Come to think of it, I think it’s time to raise prices. I’ve seen other companies charging $6000. Then the banks will take it on a 20 year loan. And again the topic was about financing. Not some silly claims about building a $1000 unit. Reminds me of some moron that had hundreds of feet of garden hose spray painted black on his roof to heat his pool. Don’t bother me with stupidity. If you can’t answer the question or provide something constructive don’t reply.
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so you are part of the establishment that believes in soaking the customer?solar water heater tank $4k is an insane amount to charge for a water heater. how can you sleep at night? I’ve been building and using these gadgets for years. $1000 makes a very neat and efficient long lasting unit. — Steve Spence Subscribe to the Renewable Energy Newsletter & Discussion Boards. Read about Sustainable Technology
- Hide quoted text — Show quoted text – I can’t see spending $4000 for solar water heating. It’s not brain surgery. It’s not expensive. Throwing good money away foolishly isn’t my style, We’re talking about people’s largest investment, their home. Not a tree fort. It involves plumbing, roof work and electrical work. As a Real Estate Agent and a Contractor I know first hand the problems unlicensed work causes when it’s time to sell the house. I have to pay installers $500 just to install these units. Maybe where you live you can get away with it but where I am people take pride in their homes, not to mention many are under close scrutiny by home owners associations, nosey neighbors, and the county inspectors. Besides, the ones who think they’re so smart and say they’re going to do it themselves, NEVER get around to doing it. It’s just a pipe dream. Hell, if they had any ambition to begin with, the $4000 would be chump change to them anyway. They wouldn’t have the time to climb up on their roof and play Mr. Fixit. This is a perfect example of being penny wise and pound foolish. If it’s worth doing, it’s worth doing right.
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