Re:Solar PV rapidly becoming the cheapest option to generate...
by marze on Tuesday October 25, 2011 @01:02AM
(#3152890)
No, just avoided cost. Unless your utility drops the rates significantly, the savings are locked in.
As far as moving goes, studies show that solar systems increase the value of a house by approximately the cost of the system. Of course, if solar system prices fall as expected, this premium would likely drop also.
And the economics are the same for a system where the cost is rolled into a loan during a home loan refinance, an option available to many people now.
As far as moving goes, studies show that solar systems increase the value of a house by approximately the cost of the system. Of course, if solar system prices fall as expected, this premium would likely drop also.
And the economics are the same for a system where the cost is rolled into a loan during a home loan refinance, an option available to many people now.