So I received an estimate for solar on my roof, which has a good southern slant.
The panels, if financed, would cost about $200/month and offset my $150/month energy bill. The loan would be for 20 years.
However, I might refinance my home and pay in cash. Is now a good time to make this investment?
Another thing to factor into budget is if the credits from your solar production can cover the service fee from your power company.
For example I have a ~30usd/mo base/service fee that can't be covered by solar credits.
Just something to keep in mind. Every utility company is different.
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