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Hello,
Since I started in DDPF I think I’m 2012 I went from being on welfare to going to college, I now have an associates in sustainable energy technology. I have a crapload of info on this, sooooo imma say this if you’re thinking of solar on your home:
DONT EVER IN HOUSE FINANCE!!!

a lot of these companies will screw you, keep your tax credits and overages and some even raise your yearly APR.
Just to throw some numbers up:
If you put a $30000 system on your $100,000 home, your house is now worth $130,000
A $30k system is around a 6kw system that takes care of a $300ish electric bill.
GO TO YOUR BANK FOR THE LOAN
if you’re putting solar on your house, chances are pretty high that you own your home, therefore you have collateral.
Banks love this loan, and also have early payback incentives.
In house finance usually have early payback charges because they won’t get the full interest costs.
Ok, but here’s the kicker:
Either way, your bill will go from $300ish to about $180-190 (solar paying it off)
Most people are happy with that, and will wait the 20ish years on it.
Don’t!!
Pay the loan the full $300 you would have paid utility. Pay the loan the 30% you’ll get for incentives. Give all the overages you may get from utility and pay it to the loan. You do that and you’ll completely pay it off in 5-7 years and not have to pay anything for electricity again.
 

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