Solar power & the grid is it cost effective?

[CA4Now]

Originally Posted by NORTY FLATZ

Panels cost about $2 each to make, thanks to child slave labor. Then, the "end" consumer gets charged about a grand per, and then told, "You're gonna save so much money...

I don't know about that. From the article linked in post #33, solar panels are expensive, even if you're not financing them."Even some people who voluntarily signed up for financing products say they were misled about the actual cost of the solar panels. That’s because loans from companies like GoodLeap and Mosaic often include an unexplained and significant “dealer fee.” For example, a customer buying a $30,000 solar panel system with a low interest rate may not know that price includes a $10,000 loan-dealer fee. In other words, the cost of the panels, had they paid cash, would have been just $20,000; the extra 30% is the price they paid for the low-interest loan, though many consumers allege this was not explained to them.

[NORTY FLATZ]

Originally Posted by CA4Now

I don't know about that. From the article linked in post #33, solar panels are expensive, even if you're not financing them."Even some people who voluntarily signed up for financing products say they were misled about the actual cost of the solar panels. That’s because loans from companies like GoodLeap and Mosaic often include an unexplained and significant “dealer fee.” For example, a customer buying a $30,000 solar panel system with a low interest rate may not know that price includes a $10,000 loan-dealer fee. In other words, the cost of the panels, had they paid cash, would have been just $20,000; the extra 30% is the price they paid for the low-interest loan, though many consumers allege this was not explained to them.

It's not just solar panel loans that are misleading customers. I had a re-pipe on a house a month ago. $11,000 if I paid it within 18 months, $23,XXX if I go 1 day longer.....not 1 word of this was shown/told to me. Not 1 word.