Is $22,356 to purchase a 8.28kw solar system via 30-year loan a fair price?
Project Details
The homeowner is comparing a solar lease/PPA against a high-interest loan and the cost of doing nothing for 10 years. They currently pay $0.141/kWh to FPL and have a brand new roof with no shade. They are interested in the 0% escalator and 1:1 net metering lock-in.
Quote Details
Purchase of a residential solar system with financing. - 18 x Aptos Solar Technology 460 Watt Panels (DNA-120-BF10-460W) - 1 x Tesla 7.6kW Inverter - Estimated annual production: 13,000 kWh - 30-year loan at 8.49% interest rate - Monthly payment: $172.00 - Includes New Homeowners Discount of $2,484.00
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More Details
Category
Solar
Price
$22,356
Quote Date
April 17, 2026
Location
Florida
Battery Storage?
No
# of Panels
18
System Size (kW)
8.28
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