If you’re a homeowner you can almost certainly buy solar in a manner where the monthly financing will be similar to what you save in monthly electric bills. So it’s a wash.
This year.
The difference is that electric bills will go up, while the financing terms stay the same.
I’m projecting inflation adjusted prices of energy to go down in the coming years as well as financing costs. The energy market is stabilising with the Ukraine war and central bank rates are also going down right now. Outlook is pretty good economically right but Covid and Ukraine really threw a wrench into the works and fucked up 4 years so far
If you’re a homeowner you can almost certainly buy solar in a manner where the monthly financing will be similar to what you save in monthly electric bills. So it’s a wash.
This year.
The difference is that electric bills will go up, while the financing terms stay the same.
I’m projecting inflation adjusted prices of energy to go down in the coming years as well as financing costs. The energy market is stabilising with the Ukraine war and central bank rates are also going down right now. Outlook is pretty good economically right but Covid and Ukraine really threw a wrench into the works and fucked up 4 years so far