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>Accounting for all these things, taking on Jug’s lease would translate to us paying at least $30 a month more. We’d lose money from Day 1 I'm unsure how I fee
by kryogen1c 8y ago
>Accounting for all these things, taking on Jug’s lease would translate to us paying at least $30 a month more. We’d lose money from Day 1
I'm unsure how I feel about this. $30 is a significant % of the electric bill, but is a very small % of the cost of owning a home.
Didn't solar start as economically viable due to heavy government tax incentives? I'm ignorant of the data, but I thought solar was not fit for public deployment has only edge use cases.
- zdragnar 8y agoTake that $30, stick it in a savings or investment. When solar prices go down, or utility prices go up, take the money you've saved up and then put it towards the purchase. There's no point in throwing away money on a losing proposition, since in this case the homeowner wouldn't be the one to get the credit. As an additional bonus, your home will have newer, more efficient panels with a longer remaining estimated lifetime, so if you do end selling the house they'll add more value. A solar install in a reasonably sunny climate can pay for itself over its lifespan, but you need to actually stay there the whole time, or hope that the added value to your house makes up for whatever your investment was.