Hi, so my parents are thinking of getting solar. We pay $800 in electric bills across 3 units. They are thinking of getting a solar that would tie them for 25 years with around $500 monthly payment. On top of that, they are paying $2K for a mortgage payment that I believe still has 20 years left in it. I told them that it's so expensive and that's like another mortgage payment for 20+ years however, their arguments is that at least it'll be $300 less than what they are currently paying.
What can I tell that to dissuade them from getting it? Or is this a good deal? We live in a tropic state btw.
Submitted July 29, 2023 at 10:12PM by throwaway_mixtures https://ift.tt/p42JvS5