Best way to finance solar?

[Noob]

Yes, there are several options and if you want to buy or have them remove the system you have to let them know within a certain timeframe. But honestly, by lease end, I'll be in my 80's and probably moved to Sun City! From the lease contract:

Huh, nice. So they explicitly write that they MAY just decide to let you keep it (if you tell them to come and get it in time). Probably worth that gamble.

But what's really weird is that you say you prepaid everything, right? So theoretically you might start getting leasing bills for the first time twenty years from now.

Thanks for sharing.

[Ian S]

Huh, nice. So they explicitly write that they MAY just decide to let you keep it (if you tell them to come and get it in time). Probably worth that gamble.

But what's really weird is that you say you prepaid everything, right? So theoretically you might start getting leasing bills for the first time twenty years from now.

Thanks for sharing.

The part making it clear that even if you request that it be removed, they may decide not to suggests strongly to me that they really have no intention of taking it back. It will be interesting to see what happens in 18 or 19 years when those Sunpower leases start ending and we get a chance to see what really happens. Hope I live that long! Yeah, the possibility for monthly leasing bills for a 20 year old system in an amount to be determined by Sunpower will be a strong incentive to do SOMETHING at least.

[russ]

Huh, nice. So they explicitly write that they MAY just decide to let you keep it (if you tell them to come and get it in time). Probably worth that gamble.

But what's really weird is that you say you prepaid everything, right? So theoretically you might start getting leasing bills for the first time twenty years from now.

Thanks for sharing.

The old system on your roof after 20 years is an asset for the company - they can easily make a contract with a third party and sell it in place for some small amount per panel - to think they will give it away is not thinking well.

[Ian S]

The old system on your roof after 20 years is an asset for the company - they can easily make a contract with a third party and sell it in place for some small amount per panel - to think they will give it away is not thinking well.

Fine, like I said, they can come and get it. It'll be a great time to put on a new roof and go with new technology. Everyone wins. In the meantime, the extra money I would have spent to purchase I'll have put into one of Sunking's mutual funds and become a billionaire!

[bonaire]

I wonder if you guys realize how growing your funds through savings with mutual funds actually works. Don't you believe what Sunking says? It's very true.

Like Dave Ramsey says, "never take financial advice from a broke person." Living a life and dying in debt is horrible. I hope nobody thinks this is a good way to live. Even if you are single, you can grant your savings to good people once you are gone. But we have to face the facts that everyone has the freedom to spend all they make.