- Jul 10, 2012
- South Carolina
Wait and research for the next ten years then make a decision.The solar panel people payed my a visit today. They said they would replace the roof, replace the electrical panel, replace the windows, and install solar panels all for $274 per month for the next 24 years. Adds up to $78,912 at the end of 24 years. They said that the PG&E power company is going to start raising the price of electricity and natural gas by 21% every year. Energy bills will eventually be as much as $700 per month. They also said that by the year 2032, all homes in California must be energy self sufficient or face heavy fines by the state. I asked the guy what would I do if I needed to sell the house before my contract ends in 24 years. He said to tack on the price of the contract to the selling price of the home. Hmm . . . .
Why pay a $78,000 penalty to a sales person?
… and who cares what someone who is trying to sell you an $80,000 project says regarding future costs?
Also in 24 years your roof and windows will be very old and the panels outdated and old