this post was submitted on 29 Apr 2025
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Have you installed solar panels yet? I want to, but the tech is advancing rapidly enough that it makes more sense for me to wait atm.
I'm also planning on just paying for it up front. The programs for "we'll do it for cheap but we'll own it" are generally scammy. My friend has solar panels through his utility company, and his power went out recently but the panels did nothing for him because they go straight to the utility company's grid. He's pretty much renting them roof space for a discount on his bill.
I've had solar installed on my roof for 3+ years. Best home upgrade I have made by far, IMHO. I agree that buying them or financing them is much better than leasing. Firstly, you take advantage of the tax rebate, also it's much better when the time comes to sell the house.
I wouldn't wait for the tech to advance though. You may lose out on the tax rebate if the current US admin deems that "woke".
As for my experience with them, it's been phenomenal. I basically pay $12/month between April and October. My annual electricity bill is down by about 95%.