Solar panels, worth it?

[Joes Place]

That’s just over $4/watt. If you shop around you can likely get closer to $3/watt or maybe slightly under before tax credits. That would drop the $36,500 price closer to $27,000. At that point securing your own financing would likely make sense over taking theirs even if you can’t get the same rate.

We had a 15.3kw system installed last year for $43,500 before tax credit, around $30,500 after the 30% credit. This didn’t include financing as we paid cash. We’re on pace for the system to pay for itself in somewhere around 7 years.

Yep

Do your homework
Or hire someone independent to do it for you and you'd end up saving more $$ than just taking what sales reps hand you.

 

[BrunoMars420]

That’s just over $4/watt. If you shop around you can likely get closer to $3/watt or maybe slightly under before tax credits. That would drop the $36,500 price closer to $27,000. At that point securing your own financing would likely make sense over taking theirs even if you can’t get the same rate.

We had a 15.3kw system installed last year for $43,500 before tax credit, around $30,500 after the 30% credit. This didn’t include financing as we paid cash. We’re on pace for the system to pay for itself in somewhere around 7 years.

Are you in Iowa? And if you are, which company did you use?

 

[cjr1310]

Are you in Iowa? And if you are, which company did you use?

Yes, eastern Iowa. We used Rabe hardware. Several people I know had used them and recommended, we have no complaints so far. We’ve had a few panels under produce and they have called to set up a time to swap out the panel before we even called about them.