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re: Solar Panels - Yay or Nay
Posted on 7/14/23 at 11:20 am to MisslePig
Posted on 7/14/23 at 11:20 am to MisslePig
The scam is that you need 7-10KW worth of panels in Louisiana to reduce your bill by half; maybe more if your house is bigger than 2500sqft.
They want to lease it to you (vs you owning it outright) because they get all the government tax incentives and future asset depreciation. A ROI on a leased system is around 2 years in the right state.
They want to lease it to you (vs you owning it outright) because they get all the government tax incentives and future asset depreciation. A ROI on a leased system is around 2 years in the right state.
This post was edited on 7/14/23 at 11:21 am
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