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At the time we had them installed, both the federal government and Oregon had very generous subsidies. We do have a loan to pay off the balance not covered by
by irrational 6y ago
At the time we had them installed, both the federal government and Oregon had very generous subsidies.
We do have a loan to pay off the balance not covered by those subsidies, but the monthly payment on the loan is about $40 cheaper per month than our electric bill was prior to having them installed. So, even with the interest on the loan, we are paying significantly less for our monthly electric usage. Once the panels are paid off, our bill will just be $12/month.