jjma14 t1_ja8c24l wrote on February 27, 2023 at 4:28 PM

I'm not sure what the incentives are for this year, but owning seemed to make way more financial sense when we signed up last year. You get the tax incentives and any other benefits that would otherwise just go to sunrun. Also, negotiate hard. It helps if you have other quotes in hand, but sunrun came down thousands of dollars from their original quote and dropped the interest rates after talking a bit with them. Don't take what they first offer.

CTRealtorCarl t1_ja8cfr1 wrote on February 27, 2023 at 4:30 PM

Didn't mention this in my comment, you absolutely MUST get multiple quotes like u/jjma14 says here. And you don't get the incentives if you lease.

In fact you should be doing that for just about any improvement to your house. So many contractors trying to take advantage of unaware homeowners that don't shop around.

mega1204 OP t1_ja9ipwq wrote on February 27, 2023 at 8:57 PM

Ok, thanks! Did you purchase outright with cash or take out a loan to purchase?

jjma14 t1_jaabaso wrote on February 28, 2023 at 12:08 AM

I took a loan through the lender that sunrun uses. It was something ridiculous like 30 years at 2.99. I expected much worse. I just wanted the safety net and the rate was the same for a 10 year after negotiations, but plan to put the tax incentive directly back in and then basically pay what my electric bill used to be or a little more monthly. Should be like 7 or so years I think.