Get an EV and you’ll never have to go to a gas station again. None of the chargers I’ve seen have ads on them.
Get an EV and you’ll never have to go to a gas station again. None of the chargers I’ve seen have ads on them.
That’s a walnut, homey.
…And I missed the last question.
I don’t have them on my home because my HOA disallows them. I did, however, initiate and helped manage installation of systems on 3 separate family members’ homes and since I had already done the research and the financial benefit worked out for each of them. One was 6 years ago, one was 3 years ago, and one was 2 years ago and none of them have any complaints.
The 6 yr old system is almost paid off and has already reached its pay-off value since electricity prices keep rising… meaning, they haven’t paid off the system, but would have spent more in electricity in the 6 years they have had it if they would not have installed it.
I am currently in the process of moving out of a neighborhood with an HOA and plan on installing a system as soon as I get into my new home.
Even in that case, you are overpaying in the early years and getting free electricity for the rest of the life of the system. If you can only get a 7 year loan, you may have a higher bill for 7 years, but no bill for 18 years while electricity prices continue rising is a pretty awesome benefit.
You still weigh the balance to figure out what is economically the best option.
It’s not about having the money laying around. It’s about seeing if the cost over 25 years of electric bills is higher or lower than financing $20-30k.
If it’s more expensive to pay for 25 years of electric bills, buy the solar. If it’s more expensive to finance solar and maintain, keep paying your electric bill.
In some places and buildings, it’s cheaper to use solar. In some it’s not.
What about that dick-vein?!