> It appeared that if we bought Jug’s place, we’d have to assume his lease arrangement with Sunrun. The whole article is worth reading but this headache is spe

> It appeared that if we bought Jug’s place, we’d have to assume his lease arrangement with Sunrun. The whole article is worth reading but this headache is specifically related to leased panels. Though, leasing makes going solar easier, it is a terrible idea because of issues like these. Also, every local power company has different arrangements for residents. I live in Suffolk county, Long Island, New York. Our power company arrangement is amazing. We get to sell back any excess power at the same rate we buy it from them. Meaning, they act like a free battery. I have a 20 years term that started from the day I installed my panels to use up any excess energy they're holding for me. After that 20 years term is over, they pay me the wholesale rate for any leftover power, which is next to nothing. I don't pay extra fees for net metering but we do have the highest rates in the nation. It's roughly $0.20/kwh, including delivery, taxes and other fees. If I end up having any extra power and Crypto is still a thing, I'd just plug in a miner and drain it all. It'd be a bonus if I did it during winter and use the heat to warm the house. Regarding the purchase, I financed the purchase. Got 0% loan on the expected tax credit portion and 6.5% on the rest for 15 years. Even with the interest rates, I'll be cash-flow positive on the monthly payments. I also essentially locked in my utility costs. My local power company is expected to raise rates 3-5% a year. If I pay my loan off early, I get to avoid those rate increases for the portion of electricity that my panels cover. Anyway, if you're thinking about going solar, check your local utility rules and go for the purchase option. Leases are not worth the baggage they come with.