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edthesmokebeard t1_jaay8f8 wrote

Yep, you're prepaying your electric bill for the next 7 years, then the rest is gravy.

Who lives in the same place for 7+ years?

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MommaGuy t1_jab7j2f wrote

I’ve been in my house for 30 yrs.

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SweatyCockroach8212 OP t1_jacmix5 wrote

Sure, that can be taken into consideration. But the same can be said for any home renovation. If you redo your kitchen and that costs $20k, will you be there long enough to pay that off? Maybe, maybe not, but it also helps with resale value, just like solar panels. If/when I sell my house, part of the selling points is "free electricity!", which should add to the value, and theoretically, add to what I can charge for it.

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