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You can actually "hire" a company to put solar panels on your roofs. They not only install it for you and maintain it, but they take responsibility for the upfr
by c3534l 9y ago
You can actually "hire" a company to put solar panels on your roofs. They not only install it for you and maintain it, but they take responsibility for the upfront costs. "Hire" is in quotes because in many place you don't pay them anything so much as pay a portion of the savings you got by using solar.
To me, that isn't really a technology thing. It's a financing thing. Banks and insurance deal with smoothing out costs all the time, and I think that's all you really need to make it work. All you really need to do is mortgage the solar panels and the panels will pay for their own premium.
- ghaff 9y agoFinancing makes lots of things work (for better or worse) for many people that otherwise wouldn't. Like buying new cars. On the other hand, under most circumstances, if something doesn't make sense for someone with cash in the bank who is willing to put that cash down on the barrelhead, it still doesn't make sense because someone obfuscates costs through financing.