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by tkojames
1525 days ago
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I got solar in northern California with new roof that needed to be replaced. I got 30 percent tax credit on the roof as well. Paid for the roof in cash but took 10 year loan out for the solar panels at 3.0 percent. Break even at this rate is about 4 years already a few year in. With inflation right now I feel like I got good deal borrowing the money. Right now my loan payment plus then 10.00 monthly connection fee is less than my average monthly bill before 2019. Not sure I would do it with needing a new roof though. But everybody experience will be different. |
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