Is goose creek in the south part or north?

Thanks for the info

I lived in Hanahn in '81-'83 as a kid - Fond Memories

Your videos are truly remarkable! May I offer some insights on how to further grow your channel?

Thinking of moving to SC. Really like the Goose Creek area.

I love how all the comments from people who have solar are saying you're wrong lol If youre jealous and mad at the people in the industry making 10xs the month youre making- just say that lol 😅😅

I will suggest that solar may be more culturally expected in certain areas, such as Phoenix where many homes have them. I am surrounded by homes with solar panels. But one thing needs to be mentioned. If you have pigeons in your area, they for some biological reason LOVE to live underneath the panels, thus requiring you to spend MORE money to "critter proof" your panels.

@willchristie2650 3 minutes ago (edited) I was ripped off by a solar panel company. I trusted them to design the best system and implement it quickly. WRONG. After this particular solar panel company went bankrupt, I hired another company to check out my solar system. They told me that the original company had tripled the number of panels I really needed, thus increasing my loan amount and making the company some quick money. Then the original company took over a year to get the system up and running. But even with savings in utility company bills, the loan itself is HIGHER than any of those utility company bills. So I now pay more than I would have for power without a solar system. The only good part is that I got a government tax rebate of $30,000 for the system, which eased the pain somewhat. And although I have the loan payments, I will never pay a utility company bill again. Every month the utility bill is a negative number that I owe.

As with everything, it depends. I've had customers who love it and have saved a ton of money because they did their research and read their contracts. Ive had customers that didnt do their research or read their contracts and they come to find out it wasnt a good idea in their situation.

Man, is this wrong!

It’s horrible Traffic and expensive now. Charleston has awful schools too

This guy is obviously anti-solar because he is biased because hes personally lost real estate deals because certain buyers didnt want to buy someone elses solar system. Solar makes sense for 90% of homeowners in any state with high utility rates and gets a lot of sunshine

My realtor friend didn’t know about VA assumptions. He gave me the number for a lender friend. Good to know the lender doesn’t benefit before I talk to them.

Is this an option to purchase as an investment property, or only for primary residence?

What if the seller refinanced and owes as much as the house is worth? This is my situation. How does the inbetween down payment work.. I am the buyer. Thank you

Wouldn't i accomplish the exact same thing by putting 20% down and paying that extra $300/month in additional principle payments? This was there is no initial pmi to deal with and if life hiccups and i need that $300, i can use it for emergency rather than paying it as a requirement to my mortgage.

Wow. Thank you!

Its been a year or so since, but i hope you've gotten yourself a decent mic by now✌️

Great overview Shawn! I'm a real estate agent as well and get a lot of questions about Mt. Pleasant.

A FEW more points… 1. Solar panels lose 2-3% efficiency every year. 2. They are running at 50% efficiency at 15 years or less. 3. You aren’t actually energy independent. The power still runs to the power company. Your power goes out or gets shut off, then it’s off. Even if you have panels. A battery can give you alittle power during an outage, but has nothing to do with the panels. And in most cases you can’t sent power from the panels directly to the battery. The power still comes from the power company to charge the battery. 4. The power companies are the ones profiting. Instead of them having to lease land and buy solar farms and windmills. They have just dumped the cost on the individual, and the power company is making 10 cents (per dollar of power.) and they have no cost to them. You have traded a power bill for an equally or more expensive solar panel bill with maintenance and sometimes interest, which loses ability over time.

bullshit

I went to Boulder bluff, Sedgefield, and Goose Creek and I gotta say.... That graph is very accurate...😅

My solar is paying for itself! With a electric car and ac. Its a no brainier.

something else to consider is if you have trees around your home. just because your roof faces south might not be a good enough reason if you have trees that block the sun in certain seasons. adequate placement is important, and not all solar companies care enough to do the research about which area of your roof gets the most sun

I have been studying PV panel systems for three years. This is the BEST PV system video I have seen!

Thanks for inserting some financial sanity into this discussion! For unknown reasons, we have been conditioned to think that a 20 year payback was acceptable....based on the (unreliable guarantees) of 25 year panel warranties. But the killer point you make is the basic fact that people own a house for 8 years, ensuring that in most cases, the break-even payback is never going to happen. The only economic win you can generally get with solar panels is to buy them on a house with paid-off solar (a distress-sale, as far as the solar part is concerned). Even then, you never know what you might have to do for maintenance the roof going forward, and if you need to get under the panels, get ready for an expensive deinstall/ reinstall. But it's not just about panels. It's common to have powerwall battery systems (each at least $7K), especially, for charging your EV overnight. If you have 2 of them, thats $14K plus controllers and wiring installation costs. Very doubtful that these batteries will last as long as the panels are supposed to, so factor in a mid-cycle repurchase/ update, into your system payback. Finally, solar systems are too complex for the average non-DIY homeowner (not talking about DIY enthusiasts such as KZfaq readers!). It requires technical knowledge and motivation on behalf of the owner to keep track of possible panel, controller or battery degradation issues. You can't see these problems visually. Consequently, many consumers will ignore maintenance problems arising that can dramatically affect their payback expectation.

to just make a blanket statement about a subject with so many variables is irresponsible and baseless.

The biggest downside for most people is that the power is produced when you are not home to be able to use it. The power grids have the same issue where other methods run 24/7

i agree with statying there and the cost of having someone install it all is a rip off (23k in equip, they want $96k and my tax credit!!) - BUT my elec last year was 250/year, this year it's 370!! And there is an energy credit for every KW installed. still evaluating solar. I"m a heavy user of electricity-shop, 4 furnaces (well, heat pumps), an EV...would love to reduce the cost or never see it go up at least!

I don't know what this guy is talking about but the only good part of Hanahan left is the water front parts of the dominion hills. Park circle is a woke joke with overpriced breweries. When I was little this was a great community but now you can't visit Remount Rd unless you speak Spanish. Hanahan doesn't even have a dedicated garage in house for the EVT vehicles. I love Hannah but there is 5% of this city worth a high market value.

Like anything, It's a great deal for some, not as good for others. In my case it saved me nearly a thousand a year. Experiences may vary. Do your homework. It might just save you more.

As a current worker for a local Solar company in NC, this is a great video to watch if you're considering it, but most of what he's talking about are the workings of older Solar companies when it comes to Sales pitch and His myth busters part. We are a pretty new company, and the older ones around about 10 - 15 years old are moving out of town, while we are booming. Alot of our work which does include tree removal and roofing, is all taken into account at signing costs and insured under our 25 year warranty. which covers ALL DAMAGE done to any personal property. I could go on, but research is crucial also when it comes to what company you are dealing with.

Solar itself isn’t a scam…although you can get scammed with solar. Your video is a good cautionary tale to keep people’s expectations in check but there are several things you take as an assumption. Mostly that electricity prices will stay stagnant and not increase with and above inflation. This is one of the few instances that homebuyers can curve inflation provided you pay off/finance within 10 years instead of a 20 year loan term or PPA. Getting solar along with batteries with Tesla has allowed me to sell my battery backup to the power company and receive a yearly check for almost 50% of the Tesla loan every year. The 30% government rebate has allowed me to pay this loan off faster, save money on my power bill and not be hit by short intermittent brownouts in my area. I added an electric car to the mix and I’m calculating a total savings of around $40k in savings over 10 years. Also…the statistics of people moving every 8 years will be slightly adjusted moving forward because a lot of people *cough me* won’t be looking to upgrade to anything new unless theres a dramatic change of circumstances if you refinanced during the pandemic.

the people on here saying, "Mine paid for itself in 4 years, or 6 years, or even 10," that is absolutely not the case for MOST people. What you're bragging about is the equivalent of Joe Tippens in Oklahoma curing his cancer with dog dewormer. He did it, he cured his cancer with Fenbendazole. Are you going take Fenbendazole because it worked for Joe Tippens?

I installed solar on both of my houses. The solar compay did the roofs and solar together. They stripped the old roofing paper from both roofs and installed a new rubber roof before installing the solar panels. My systems are 8 kw and cover my entire elctrity use. I only pay $20 monthly for electric bills, and that cost is to tie to the grid. My houses are grid tied. I bought my systems out cash. After tax incentives, my end cost will break even in just five years, and I'm already in for 4 years. The systems and my roofs are guaranteed by the solar company for 25 years. In my opinion, solar is a no-brainer. I will caution all. Make sure to check with an accountant before going solar. If you aren't obligated to pay State and Federal taxes, you will never see the tax incentives/tax credits that make solar cost effective to the homeowner.

Solar is becomes cheaper over time in many different aspects. I also wouldn't call it a scam because there is no bait and switch. The facts are laid out on the table. I think even this video would make a great selling tool for an agent trying to sell honestly.

Hi I'm interested in investing in a property in Charleston. Could you give me your contact info please?

He makes very valid points and is exposing the most common lies and traps. A lot of commenters here seem to prove him wrong, but this is a good video to educate yourself and avoid getting screwed over by the thousands of solar scammers out there today. Finally, I have a real problem with all these tax gimmicks and incentives because when you break it down, it’s just rich people getting poor people to pay for their expensive toys so they can feel even more superior. If you are one of those greeny, carbon huggers, fine, go pay for your virtuous solar panels yourself. Why do you need to take tax money out from the poor people flipping burgers for a living so you can turn around and point at them in their 20 year old pickup truck and trailer home while you drive a $50k EV and have $40k of solar that his taxes paid half of?

In my state, you pay market rate for electricity $0.12-0.14/kw-h anything you sell to the grid, you get $0.026-0.031/kw-h. The only way solar ever breaks even is if you install it yourself on a tight budget with federal incentives and install battery to cover your own usage. Selling back to the grid isn't cost effective. I might build a solar system on a new home to completely avoid having to pay for grid hookup.

Dude, you're looking at it only from the perspective of house seller. And I'm not sure where you got your numbers, but from my experience of civil engineer, I have to say return is generály between 6 and 8 years. And Once you commit to this investment, you are likely styling in that house.

thanks for the info. I like solar but for me i can pay for them with out borrowing. Also i installed my own panels, break even is about 7 years. For everyone else its a bad idea.

I'm looking at a solar system with battery to do two things... Reduce or eliminate monthly cost of power, and have a reliable source of power. The problem: Power here in the rural areas is VERY unreliable. My first year in this house as an example: 8 power outages. Several were in the 4-5 hour range. 2 were 4 days long each. Running a generator to keep the fridge running and have a light or two was a royal pain. Looking at whole house generation, I investigated... and found that a 350 gallon propane tank would be needed for a 3 day run time. Then about $1000 to refill the tank ...and a problem being it may not get refilled until after the power outage. There is no piped in gas... I suppose I could go with diesel, but it's still a problem. The inverter and battery will be in a to-be-installed utility shed behind the house...transfer switch on the outside of the house...Solar sales folk really don't like talking to me.. I'm a retired engineer and when they start generating the bull effluent I laugh at them....

I've installed three arrays on my farm here in NJ since 2004. All have made economic sense ( partly because NJ has a way for homeowners to earn money for producing solar electricity). So at least here, it can make sense to go solar if you own the panels and don't move often. Now that I'm retired its nice to know I don't have to worry about an electric bill.

If someone has to come to your door to sell their goods, it's obviously subsidized. Solar is the parasite and the operating grid is the host. No solar system can produce reliable and "sustainable" power because they are not producing power 24/7. Proof? Try and live on only solar, without any extremely expensive and short lived battery back-up.

This is bullshit. Im autistic. I tinker with motors and batteries and until recently solar. I did everything. I put 1600 watts of solar on my box truck and 100w on my personal vehicle. Personal vehicle makes around 300wh a day. Box truck made 2kw and it was 100% CLOUDS all day. They lay flat. I dont even use the tilt system as they produce more than enough power I could ever need. This is more about shitty companies and people. Solar is cheap now. You can get them under a $/watt now. Its now literally cheaper than ANY OTHER way to make power. Solar has expanded massively prices have never been this reasonable. Its shattered estimates. Solar is hear to stay. Just do it urself and skip all the bullshit like negativity and scams

Most of your points seemed valid but I think you double counted the costs of the 'take out a loan' to own scenario. The $160 cost per month is the entire non-maintenance cost of the system. If your average energy bill exceeds that $160 then each dollar of that savings is money in the bank for you. On the other hand, if you end up selling your house before those 20 years are up then you will probably have a loss that would need to be offset against those savings if, as you point out, the solar roof will not increase the houses sales price. Calculating the size of that loss might say that after 8 years you've paid about $6,000 of that original $22,000. Then you would need to save about $145 dollars per month on your energy bill to break even (ignoring the interest you might consider yourself to have earned on those monthly savings for those 8 years).

Thank you Shawn for making this video. I've been considering a whole home battery "generator" for my home, and thus am actively researching brands, sizes, options, efficiency, cost, and so forth. Many of these systems offer or suggest solar panels for recharging, "offsetting" or extending the amount of time that you can run your home on the battery unit. Sounds good, right??? While my home is paid off, I also know that I want to move in the next 5 to 10 years, and traditional gas/diesel/natural gas generators are "nice, but don't add value on the resale end" I figured the battery "generator" would be the same, so I want one that I can take with me. The longer I have it, the better my ROI will be. This gets into the solar panel options that many offer. Like you, I'm not opposed to green energy, but I also won't throw my money at something that doesn't make sense and isn't fiscally responsible (thus taking a 20 year loan on the home instead of a 30, and paying it off early!). I knew that solar panels didn't add value, that some (many) the solar companies roaming the streets are poorly trained at best, and blatant scam artists at worse, I had heard a few of the lease issues, but you completed that circle for me, and I know that some insurance companies won't insure, or require additional coverage and add exclusions, for solar panels (leak risks, roofing material damage, fire risks, etc.). My primary intention for the battery "generator" is to have something to power key portions of the home during power outages, so I'm thinking I don't actually need solar panels, nor do I want the mounted on my house or shed/garage.

6 years ago I was quoted $30K to have a system installed and even placed $1000 as deposit. That night I studied what I had committed to and cancelled the contract the next day. It used micro inverters with no battery backup. If I were to pay cash for the system it would have taken 12 years to break even, a loan would take 18 years to break even. I pieced together a system myself for $10K to charge 900 ah of lead acid Trojan batteries and use a 120v 2000 watt inverter that energizes 85% of my house which that part has been 100% off grid for a year now. I can switch those circuits back to the grid by throwing a few transfer switches. I also installed a 240v 4000 watt inverter which plugs into the generator plug to the main power panel transfer switch to run the entire property. I run the AC off of it during the summer. My monthly bill reduced from $92/mo to just under $20/mo and have power without using the generator when the grid goes down. The grid goes down around 10 days a year. My friend had a $40K micro inverter system installed 3 years ago with no batteries. He had no power bills for the first 2 years but he just received a bill for $2200 for last years usage. PG$E changed the payment/buyback schedules suddenly without warning. My experience with solar is that grid tie solar can be a scam, or maybe not. To bring your Whr usage down by placing some house circuits on a battery/inverter would be the best bang for your buck. I could go completely off grid but it would cost around another $20K or so to do it and is not practical to save $20/mo. With my system the batteries will last 8 years and the inverters will eventually fail, which will take more money for maintenance; so I will eternally be chasing the break even point by a couple of years. My wife is happy to have lights 24/7 and 365 days a year, so I see my system as essential as having a front door.

Totally, agree with you on all of your points. I own my home and I paid cash for my solar system as South Carolina doesn't offer friendly assistance to home owner construction projects. Solar is simple to install but because the permitting is such, the solar companies are making a killing just as you pointed out. I purchased solar because of one point you did not mention as most do not. I installed it as I have an electric car and the difference in electricity vs. gasoline will pay for my system before the warrantee runs out on my vehicle's battery. The extra I get beyond the car or the increase in electricity in the future is just icing on the cake. Thank you for your presentation as I wish I would have heard it 2 years ago when I began the task of wading through all of salesman BS before finalizing my decision.