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[quote=Anonymous][quote=Anonymous]We live in a 2,000 SF house in FL.  Yesterday a guy came to our house and gave us a sales pitch for solar power.  It took him a very long time to get to the part about how much it would cost.

The cost was $38,000 if we pay cash, or $56,000 if we finance it for 25 years.  From the numbers he was throwing around, it seemed like it would cut our electric bill by about 1/3 over the course of a year.  
I did the match and figured out it would take 32 years for the system to "pay for itself" if we paid cash.  Seeing as how we are in our 60's, we would not live long enough for the expense to be recouped. 
So we sent him on his way. [/quote]

One of the solar panel companies going bankrupt right now is also getting sued for preying on elderly to trick them into signing ling term leases that extend far beyond their life expectancy, which complicates their estate settlements and takes money from tgem after they go into nursing homes soon after signing the contracts.

This article points out some of the concerns with solar contracts.

https://www.sfgate.com/realestate/article/solar-panel-scams-how-to-avoid-higher-energy-20211766.php[/quote]

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