So a friend at work just got a quote for a system of an unknown size and he signed paperwork for a nearly $50,000 dollar system at a 1.95% interest rate over 25 years. I believe he said he gets back 26% when he files his taxes. He doesn't believe this includes any kind of battery back-up, I'm guessing it's going to be about a 10+ KW Grid tied system. They take care of everything, permitting, install, any roof repair before mounting etc...
When he told me this price I couldn't believe anyone would pay this kind of money, but I guess it's somewhat easily justifiable since his monthly payments will be less than what he is going to be saving on his electric bill.
My question is, how common is it to buy good, but slightly used panels. Do all the permit pulling/work yourself and save an absurd amount of money? I was doing a little math and it seemed I could get everything I need minus the panels/mounting for under 5k ... does this sound possible?
These door to door salesmen/companies must be raking in the money.
When he told me this price I couldn't believe anyone would pay this kind of money, but I guess it's somewhat easily justifiable since his monthly payments will be less than what he is going to be saving on his electric bill.
My question is, how common is it to buy good, but slightly used panels. Do all the permit pulling/work yourself and save an absurd amount of money? I was doing a little math and it seemed I could get everything I need minus the panels/mounting for under 5k ... does this sound possible?
These door to door salesmen/companies must be raking in the money.