How do people afford the upfront cost of solar? (lemmy.world)

submitted 2 years ago by [email protected] to c/[email protected]

36 comments fedilink hide all child comments

I just got a DIY kit quote for solar and it's ~$18,000. That would mean a contractor installing is at least $25,000 if not more. That's a big chunk of change upfront.

you are viewing a single comment's thread
view the rest of the comments

[-] [email protected] 0 points 2 years ago

I bought a smaller house than I could afford in 2018. I could realistically afford around $1.1m but instead bought a $850k house. We just save the rest of the money for investing instead of what would have gone into a mortgage.

Some people are wealthy, some people are frugal, some people are house poor and finance everything is how people afford solar.

permalink
fedilink
source

this post was submitted on 18 Aug 2023

41 points (100.0% liked)

Home Improvement

11231 readers

1 users here now

Home Improvement

founded 2 years ago

MODERATORS

[email protected]