Solar Cost

Solar Cost

I talked to Momentum Solar yesterday and after initial evaluation is this a fair deal?

$3.20 per watt

Another consideration is the loan terms @5.99% for 20 years seems very high.

Grid Solar
Annual Use/Generation 14974 kWh 14319 kWh (96%)
Monthly average cost/loan payment $159 158.36

Solar Install

System Size 9.52
Panels 34 @ 280
Cost $30464
Price per watt (Texas) 30464/(9.52*1000)= $3.20

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submitted by /u/becerra1925
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