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Enginerdad t1_iww06fq wrote

Reply to comment by Backpacker7385 in Dang, these bastards are relentless. by TheDogsNameWasFrank

Did you buy or lease?

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Backpacker7385 t1_iww0a32 wrote

Bought. I don’t think there are a ton of situations where leasing makes more sense than buying.

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Enginerdad t1_iww7qq8 wrote

That's what I've always heard as well. If you don't mind me asking, how much is your solar payment relative to your former electric bill and how long will you be paying it off?

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Backpacker7385 t1_iww8010 wrote

It’s financed at (ballpark) $150/mo for 20 years, but at a little less than 5% interest I’m actively paying it off more quickly than that.

Those numbers also don’t take into account the payback from Eversource for our over generation, which will offset several months per year entirely.

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