Everyone is Calculating Home Solar ROI Wrong
I’ve been thinking more and more about how to frame my way of thinking to people that say home solar has a bad ROI.
When you flat rate finance your build out, you're locking in a flat payment that can't be increased and won't increase over time w/ the cost of buying new energy.
If you have an electric car and enough solar to cover your entire household needs and all the miles that you drive then you've now replaced two bills that fluctuate with market prices with one locked in flat rate payment.
On top of that, the flat rate payment as the loan gets paid down builds equity in your house. So instead of renting your energy in the form of gas and electricity you are building home equity and eliminating two household bills.