Missouri Solar

[nwdiver]

It should be noted that a $25K Green Sky 20 year loan at 6% interest is really quite terrible. You would ultimately pay almost $18,000 in interest alone. I would not advise anyone take such a loan unless they are going to pay it off quickly. I haven't confirmed yet whether or not there is any penalty for paying off a Green Sky loan early.

Obviously the best option would be to pay the $25k. But if that $25k is buying a ~8kW system and you pay ~$0.10/kWh you're saving >$26k while you pay ~$18k in interest.... so it's still better than NOT doing it....