Quote:
Originally Posted by Back Beach
Mike,
Research the purchase versus "free" approaches. We put 150 "free" panels on the maintenance facility last year. A wise man stopped by my shop after the install and mentioned purchasing the panels outright will pay you back in 5 years or so due to the fact you receive a higher rate of return if you own the panels.
Getting the panels "free" simply means the company selling you the panels takes half the subsidy and gives you half. If you own the panels outright you receive the full rate. They're expensive but a better long term Investment if you own them as opposed to leasing or getting them for "free."
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Agreed, yet the vast majority of new systems are leases or PPA's. The purchase option takes a little more effort, securing financing, etc.., but the payoff is much better. Most people take the easy way out(in everything).
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