Is $31,000 to install 19 solar panels a fair price?
Project Details
I can't seem to pull the trigger on this. Aside from my mortgage, this would be the largest loan I've ever taken out, and I can't wrap my head around how it's actually going to help me and my electric bill. My bills are only high through summer months but manageable throughout. I understand the benefits and incentives, but I'm wondering if solar costs will eventually go down. I have an 821 credit score. My exact thought is: 'Cool, I'll have little to no electric bill, but now I have this loan for solar to pay lol.'
Quote Details
- Number of panels: 19 - Loan APR: 8.99%
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More Details
Category
Solar
Price
$31,000
Quote Date
May 26, 2025
# of Panels
19
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