Many homebuyers have faced the question of whether to consider houses with solar leasing contracts attached.
However, one homeowner had the opposite problem: When selling their house, they had to decide whether to take the solar panels with them when faced with the prospect of paying off their solar contract.
"We are selling our home and the financing is requiring us to pay off the entire system (SunRun)," said the original poster. "It's astronomical! ($52k — way more than what we thought we were signing up for.)"
They added that they were skeptical that a solar array would convince prospective buyers, and, given the possibility of taking the tech with them to their new home, they figured it might be worth the investment.
"Anyone have pros vs cons on taking a less than two-year-old system with us?" they asked.
As energy prices soar across the nation, one of the best ways to save money on utilities is to install solar panels and avoid the price volatility of grid-provided electricity.
The technology also makes your home more resilient in extreme weather when equipped with appropriate battery storage, keeping the lights on when the grid goes down. To get the full rundown of your solar options, visit TCD's Solar Explorer.
In this case, since the original poster was going to have to pay for them one way or another, bringing the panels with them definitely had its appeal, but they were hesitant to commit, uncertain whether the benefit was large enough.
Save $10,000 on solar panels — or get them on your roof without paying for purchase or installation Whatever your solar budget, Palmetto can help you save. If you want to buy your own panels, Palmetto's concierge advisors can help you save up to $10,000 on installation through a network of preferred installers. And if you'd rather get solar savings without upfront costs, Palmetto's revolutionary LightReach subscription program can deliver. LightReach lets you lease solar panels with no money down, making it painless to lock in long-term savings. Palmetto covers a 25-year warranty for the panels, which means you'll get reliable performance without unforeseen costs. To get started, just answer a few basic questions about your home and connect with Palmetto's experts to find the option that's right for you. |
TCD's Solar Explorer is the place to find trusted partners who can set you up with solar panels. With concierge-level service, you can curate bids from local installers and receive competitive quotes, potentially saving you up to $10,000.
One partner, Palmetto, offers budget-friendly, $0-down subscription options that will help you lower your utility rate by up to 20% and access federal tax credits that you couldn't otherwise snag as an individual homeowner.
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What would you be willing to pay upfront for solar panels? Click your choice to see results and speak your mind. |
$5000 or more 💰 Connecting those panels with an energy-efficient heat pump can further reduce energy costs when compared to a gas- or propane-powered HVAC system. TCD's HVAC Explorer connects you with a range of options and can help you save money on installation.
Ultimately, the original poster seemed inclined to leave the solar panels where they were. That will be a great benefit to the next person who owns the house.
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