20 year loan most popular plan in 2017-2019 for me as an energy consultant:"Bill Gurgol"
$57 electric bill in 2014?...
Rate increases have raised the same 415 kWh monthly to over $100 in 2018.
* Get the best yearly and bi-yearly PRODUCTION GUARANTEE.
SIMPLE SOLUTION with system that is insured and warranted.
Also, every now and then a family cannot utilize the tax credit.
This is rare.
It may be a retired senior, low income homeowner or church, multi-millionaire, etc…
6-8 Years is typical projected ROI. Bigger bills will happen faster.
What should be considered when factoring ROI?...
Fastest finish line. lowest interest rates. This ensures 25 - 40+ years worth of electricity cost gets eliminated quickly.
Higher monthly payments compared to 10 year / 12 / 15 / 20 /25 years. Each payment type raises interest rates as payoff period extends. Longer you pay less monthly NOW...
Pay less for each kilowatt hour generated. Generally viewed as little to no risk.
does not rely on credit score.