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re: Solar Panels - Yay or Nay
Posted on 7/14/23 at 12:16 pm to Korkstand
Posted on 7/14/23 at 12:16 pm to Korkstand
quote:
stable energy prices, and minimal equipment maintenance.
Utility inflation in the modern era is around 4.6% avg. With solar you'll have insanely low O&M so thats a nothing burger.
If you buy the equipment outright, you're in really good shape. If you finance it, it gets more difficult but at the same time, they do a ton of savings calcs in the background to do the financing. Typically big solar asset managers require a year 1 customer savings. Depending on the finance vehicle, there may be an escalator but without one the savings gap get big pretty quick as long as you have a decent system and favorable irradiance.
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