npub1hykucplphuhelaxutcw4jw3vuu7gcg42czhqmk7jhchs8vdga4fsj73p33 (npub1hyk…3p33) After a couple painful electric bills this summer, we decided to take another look at solar. We have a reasonable location for it - house is at the top of a hill, few large trees around, back of house faces ssw, new roof.
While we could pay cash, it would drain a lot of our cash reserves. We talked to two different companies - one pushed financing, the other a PPA, and each said we’d be crazy to go with the other option.
Financing over a reasonable period has us paying it off around when we’d be retiring and selling the house. So, we wouldn’t be saving any money, and would essentially be buying solar for the next owner of our house, with no guarantee that energy needs would match up and allow us to recoup the investment.
Go with a PPA, and there could be issues when we sell, with many people saying they’d never buy a house with a PPA attached because of headaches with transfer, etc. So, just like a decade ago, we don’t move forward with solar.
Rick Baumhauer /
npub1za…x2a6h
2024-01-28 20:01:10
in reply to nevent1q…k9sr
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npub1zaa590gz7xg4g4nw842hhqz6zzsp9ne5yk2cvrn45jagw0cnevcq5x2a6hSeen on
wss://relay.nostr.bandPublished at
2024-01-28 20:01:10Event JSON
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"content": "nostr:npub1hykucplphuhelaxutcw4jw3vuu7gcg42czhqmk7jhchs8vdga4fsj73p33 After a couple painful electric bills this summer, we decided to take another look at solar. We have a reasonable location for it - house is at the top of a hill, few large trees around, back of house faces ssw, new roof.\n\nWhile we could pay cash, it would drain a lot of our cash reserves. We talked to two different companies - one pushed financing, the other a PPA, and each said we’d be crazy to go with the other option.\n\nFinancing over a reasonable period has us paying it off around when we’d be retiring and selling the house. So, we wouldn’t be saving any money, and would essentially be buying solar for the next owner of our house, with no guarantee that energy needs would match up and allow us to recoup the investment.\n\nGo with a PPA, and there could be issues when we sell, with many people saying they’d never buy a house with a PPA attached because of headaches with transfer, etc. So, just like a decade ago, we don’t move forward with solar.",
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