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re: Buying a house with solar panels installed.....

Posted on 5/31/15 at 8:24 pm to
Posted by CoachChappy
Member since May 2013
32594 posts
Posted on 5/31/15 at 8:24 pm to
I have solar on my house. They are worth it. With the tax credits though, he is probably 5k out of pocket on the system. They will pay for themselves in 5 years.
Posted by Sho Nuff
Oahu
Member since Feb 2009
11924 posts
Posted on 5/31/15 at 10:17 pm to
quote:

With the tax credits though, he is probably 5k out of pocket on the system.

He is not out of pocket anything more than likely. A lease is $0 down and then you pay a certain amount per month. A 3rd party company gets the tax credits. A purchase is when the buyer gets the tax credits.
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