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Rob Schultz, CFP®, PFP

May
18
Economics of Home Solar
I finally took the plunge and decided to install solar on my house. Panels are continually improving but I figured they had advanced dramatically and future improvements would be more incremental in terms of the efficiency. As a numbers guy, the decision was primarily a financial one but not an easy one. There are so many choices and ways to pay for your energy. Here is what I found: Lease agreements - These agreements typically have the lowest down payment, often $0 where you lease the panels and pay the solar company for the electricity. I was looking for a more permanent solution. Outright purchase - This option gives you ownership of the panels and requires the largest initial outlay. Many people don't have the extra cash to front...
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