Is $23,000 to install a 7.34kW REC + Enphase IQX solar system (cash price) a fair price?
Project Details
I wish I could pay cash, but this is a new house and I only have 20% equity in it. I believe the cost of the loan fees plus the company's margin should be less than $7,000. My calculations show that an outside lender would need to offer an 8% interest rate to break even with the financed option.
Quote Details
This option is for the installation of a 7.34kW solar system using REC panels and an Enphase IQX inverter system, paid in cash.
Thank you for your feedback!
You say...
?
How would you rate this quote?
TooCheapToo Cheap
GoodDealGood Deal
FairPriceFair Price
BitPriceyBit Pricey
Ripoff
Vote Distribution
Too Cheap0 votes
Good Deal0 votes
Fair Price0 votes
Bit Pricey0 votes
Ripoff1 votes
These ratings are not endorsed by Quote Critic. They are submitted by other Quote Critic users like you.
More Details
Category
Solar
Price
$23,000
Quote Date
July 3, 2025
Battery Storage?
No
System Size (kW)
7.34
Comments
No comments yet
Sign in to share your thoughts and ask questions.