NeptuneFrost

NeptuneFrost t1_ix1phr9 wrote

I bought in Newton and will just say that I have small heart attack every single month on the first

Edit: I guess the more relevant thing to add is that I know I paid 15% too much for the house because of the market, but also plan to live there 20+ years so I kind of assume it will not be so significant in the long run.

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NeptuneFrost t1_ix1jp5a wrote

I did it through NEC Solar. Short for Newport electric company. Salesperson’s name was Artie Crocker. I knew him from a past career, so was someone I can trust… that made shopping for the system a lot easier bc it feels like such a scam-filled industry to walk into with no knowledge.

We paid for our system straight up. No lease or anything. It’s a lot of money out the door on the front end, but the payback period for us was estimated conservatively between six and seven years. that’s like a ~16% return, and it’s a great inflation hedge because energy prices will track inflation. I think we may make out even better because of the rapid jump in electric prices. That rate of return includes taking advantage of all the various tax breaks, which made sense for us.

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