RobertoMac

RobertoMac
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  • SunEdison Management Getting Desperate: A Look At The Capital Measures Announced Today  [View article]
    Some of us held GTAT shares in 2014 and watched Management pump up the stock and then unexpectedly destroy the company. I bought some GTAT at a bargain price of $13, trying to catch a falling knife and sold at a considerable loss. I kept 100 shares in my account to remind me how bad it can get with these high risk tech stocks. GTAT closed at 10 cents per share today. How low can SUNE shares go? Only time will tell.
    Jan 7, 2016. 07:07 PM | 9 Likes Like |Link to Comment
  • Google Project SunRoof: Expanding Distribution Of An Immature Product  [View article]
    ET, thanks for the answer. I agree with you, based on my personal experience regarding financing options that were available to us when we procured our solar system three years ago, that a loan (at a reasonable interest rate), or purchasing with cash is usually preferred over a standard lease as the best way to pay for a residential installation. In our situation, a prepaid lease was by far the most cost efficient choice, much less expensive than a cash purchase and was the method we used. That may not be an option in the Google Project Sunroof, but it worked well for us.
    Jan 6, 2016. 10:33 PM | 1 Like Like |Link to Comment
  • Google Project SunRoof: Expanding Distribution Of An Immature Product  [View article]
    The Google Project Sunroof was the subject of a half page article in our local newspaper yesterday, so this project is beginning to gain the attention of the general public.
    Your article points out several parameters that Google might add to their solar analysis. It would be advantageous for them if they digest your articles.
    E.T., you stated above: "the math has to be right and, so far, Project SunRoof fails miserably when it comes to this metric. The quality of the results we see with test runs continues to be poor."
    Can you clarify how you determined that the quality of the results continues to be poor?
    Did you use your own residence for the test? Unless you are intimately familiar with your location, your analysis of the Google Project Sunroof results might not be accurate.
    Thanks, RM
    Jan 6, 2016. 06:32 PM | 1 Like Like |Link to Comment
  • Texas Compromise Saves Solar City  [View article]
    Ratso Rizzo - Here is some additional data to clarify our utility bill savings due to our solar system. Without the SolarCity 8 kW system, our total electric cost for year 2012 was $2,430. With the solar system, our 2014 total electric cost for year 2014 was $225. That is a savings of 92.5% on our electric bill. Also, our electric billing rate increased 26.5% (from 11.3 to 14.3 cents per kWH) from 2012 to 2014. I did not factor in this increase when comparing 2012 to 2014 cost savings. For your info, we paid SolarCity $5,840 for a prepaid 20 year lease on the system. The system will pay for itself in 3 years and the next 17 years will be tax free money in our pocket. This is an excellent ROI. More people should take advantage of this opportunity.
    Dec 19, 2015. 08:32 AM | Likes Like |Link to Comment
  • Texas Compromise Saves Solar City  [View article]
    Something else that is helping SolarCity in Texas: the rising cost of electricity. Two years ago in Fort Worth we were paying Green Mountain Energy 11.3 cents per kWH for our residential electricity. This year we are paying Green Mountain 14.3 cents per kWH for the same residence. We have an 8 kW SolarCity system that reduces our electric bill to about 10% of what it was before our solar system was installed. Our electric bill is so low that we did not notice the upward creep in the cost per kWH. This increasing cost of electricity in Texas might help SolarCity sell or lease to future customers.
    Dec 17, 2015. 12:03 PM | 3 Likes Like |Link to Comment
  • Solar Power - What Stocks To Choose?  [View article]
    "Solar Power - What Stocks to Choose?" Many solar stocks covered in this article, but author made no mention of SolarCity, not even to make a note that SCTY was left out of this analysis because it does not conform to traditional logical financial analysis. SUNE was at least mentioned. I have owned many of the major solar stocks, including SCTY, SUNE, FSLR, TAN and 7+ others for over three years and have watched their value rise and fall, not always in agreement with analyst predictions.
    Dec 16, 2015. 07:26 PM | 3 Likes Like |Link to Comment
  • Vermont utility to sell Tesla Powerwall  [View news story]
    Thanks Davewmart. We are fortunate to have our solar system inverters mounted on the garage wall within a few feet of our external natural gas meter. This would be a convenient location for a small gas powered electric generator to provide the backup power, probably at less expense than the Tesla Powerwall. A mini-Powerwall might provide interim household A/C electric power while the natural gas powered generator starts up and stabilizes. So, I may wait for a surge protecting Tesla "Mini Powerwall".
    Dec 5, 2015. 04:26 PM | Likes Like |Link to Comment
  • Vermont utility to sell Tesla Powerwall  [View news story]
    Solucky, you are so lucky to have a 100% reliable grid. Here in the US, there are areas of our country that have thunderstorms, hurricanes and tornadoes that knock out power for a few minutes, a few hours or a few days while repairs are made. Thunderstorms are the most frequent here in Texas and they cause power outages several times each year. The Powerwall would be a handy thing to have here to keep the household running while repairs are being made to the grid. Sure, we can live without our electricity for a short while. We can also live without air conditioning, cruise control, electric windows and electric door locks in our automobiles, but life is a bit sweeter with them and we have grown accustomed to what was once luxury.
    Dec 4, 2015. 06:50 PM | Likes Like |Link to Comment
  • Vermont utility to sell Tesla Powerwall  [View news story]
    I have had Green Mountain electricity for over three years in Fort Worth, Texas, with no problems in service or billing. Oncor is our grid provider. We buy and sell electricity at 11 cents per kW hour, with net metering. We have a 8.4 kW SolarCity system on our roof, purchased three years ago with a prepaid lease. Next year, the savings on our electric bill (Green Mountain) will have covered the entire cost of the SolarCity system. The next 16 years of savings will be total profit, with no IRS tax (about $2,000 per year). A Tesla Powerwall would allow us to have uninterrupted power during the once or twice a year times when thunderstorms temporarily knock out our electric service. When the price drops for the Powerwall, we will get one for multiple beneficial reasons.
    Dec 3, 2015. 10:39 PM | Likes Like |Link to Comment
  • SunEdison down another 23% amid liquidity fears, Vivint's earnings, hedge fund disclosures  [View news story]
    This whole thing sounds so much like GTAT last year before it crashed in one day (that day cost me about $30K). Ouch! I kept 100 shares of GTAT just to watch it bounce around in the pennies and to remind me daily that what management (and sometimes SA "experts") say is not always what you get. Sudden surprises rule the day in exotic material and solar companies, so it seems. I bought more SUNE at $5.00 last week. I should have known better and waited for the real bottom. Now will hold on and enjoy the ride... yee-haa.
    Nov 17, 2015. 07:36 PM | 2 Likes Like |Link to Comment
  • Sunrun +14.6% after earnings/guidance; SolarCity +3.8%  [View news story]
    Last night (6 PM PST), Thursday 11/12/15, SolarCity broadcast a Town Hall meeting for their Customers and Ambassadors. Will Sunrun, Vivint and others have a similar broadcast for their customers? With 300,000 customers and ambassadors, SolarCity had quite a PR exposure. It looked like the main thrust of the SCTY presentation was to inform their existing customers how to sponsor new customers. If the 300,000 SCTY customers multiply, that is good for all the solar businesses.
    Nov 13, 2015. 01:00 PM | 1 Like Like |Link to Comment
  • Casual Analyst Is Now EnerTuition  [View instapost]
    Good choice CA/EnerTuition. I had written a comment about the proposed EnerShark name and decided not to post it. It was reminiscent of Jaws and the Shark vacuum cleaner. Intuition is a valuable attribute, especially when combined with a thorough and thoughtful analysis of the facts. Good luck!
    Nov 9, 2015. 09:32 AM | Likes Like |Link to Comment
  • Enphase -19.6% due to weak Q4 guidance; SolarEdge -4.4%  [View news story]
    I wish ENPH was $19.62 after hours, like it says in the above SA news article! I would sell all at that price! Just a typo... it went down 19.6% after hours... darn...
    Nov 3, 2015. 07:34 PM | Likes Like |Link to Comment
  • SolarCity Earnings Report Is Far Worse Than Management Commentary Indicates  [View article]
    It was a well known fact that steam driven railroad engines would never be replaced by diesel electric. If SA had existed in the days of steam engine trains, there would have been lots of commentary stating that steam will always be the most efficient way to move trains down the track. Similar argument for land line phones always being more efficient and more reliable than those crazy new cell phone gadgets that are too heavy to carry for very long...
    Oct 30, 2015. 06:33 PM | 1 Like Like |Link to Comment
  • SolarCity misses by $0.46, beats on revenue  [View news story]
    buck12wf, sorry you had a bad experience with Solar City. We have enjoyed having our Solar City system with zero problems. We installed a 4.7 kW Solar City system on our Texas roof 3 years ago and added a 3.4 kW system to our roof 1 year ago. The performance or both systems has been fantastic, now saving us an average $175 per month on our electric bill. Our 1800 ft. sq. home before solar panels cost us about $2,400 per year for electricity. Last year our electric bills totaled $300 for the year. We purchased prepaid leases and have invested a TOTAL of about $5,400 for both 20 year leases. This has been a great investment for us. We could have leased both systems from Solar City for about $55 per month (total for both), but we chose to prepay the leases so that after we have recovered our $5,400 invested (in about 4 years), the total $2,100 per year saved will be profit (with no IRS taxes!). Texas has been solar friendly and has a lot of sunshine. There are still many roof tops here in Texas waiting for solar systems to be installed! Let's hope that Solar City gets their costs under control and continues to enjoy being the number one residential solar installer in the US.
    Oct 29, 2015. 07:46 PM | 3 Likes Like |Link to Comment
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