Path-Q Solar

How should I compare solar quotes that use different assumptions about electricity savings?

Answer

Normalize the quotes before comparing savings: use the same consumption period, system-production estimate, electricity-price assumptions, export treatment, degradation, financing basis, and project life. Compare both annual cash flow and total cost, not just the claimed percentage of bill reduction.

Key points

  • Check system size, modeled annual production, shading assumptions, and expected degradation.
  • Compare the electricity rates used, including fixed charges, time-of-use periods, escalation assumptions, and export credits.
  • Separate savings from bill reduction, avoided purchases, export revenue, incentives, and financing effects.
  • Ask for results under common low, central, and high scenarios.

What it depends on

  • Comparable system designs and production estimates
  • Identical or reconciled rate and export assumptions
  • Cash price, financing terms, fees, and incentives
  • Load profile and future electricity consumption
  • Modeling period and degradation assumptions

Risks and trade-offs

  • A higher savings claim may result from optimistic rate escalation or export assumptions rather than a better system.
  • Financed quotes can make savings appear different because interest and payment timing are included differently.
  • Production guarantees and savings guarantees are not the same protection.

Information you may need

  • Full production and savings worksheets from each provider
  • Rate plan and export-credit assumptions
  • Cash price and complete financing disclosures
  • Warranty, degradation, and performance assumptions

Your next step

What to do next

Put every quote into a common comparison table and ask each provider to rerun the model using the same usage, rate, export, and project-life assumptions.

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