I rather suspect that there will be a massive increase in domestic terrorism because of situations precisely like this over the next few years.
I don’t condone violence, I’m just stating that this is a logical byproduct of driving the general populace into a desperate situation where they have nothing to lose.
You’ve not seen true desperation before. I’m not saying that buying solar panels are wrong, I’m saying that people who are worried about dying of heat stroke or freezing to death (climate dependent of course) because the power is out may not act rationally.
Solar panels are cheaper in the long run after up front costs. People who can’t afford their monthly electric bill don’t have the capital for the up front costs.
But if I could afford to install a system, yes it would be cheaper after X amount of years.
Loans come with interest payments which makes the cost increase. If someone can’t afford solar panels without a loan then they can’t afford them with the additional interest payments.
Been way below the poverty line before, living off £8k a year back in 2016. Other than buying a house I have never borrowed money so I would expect my credit was fine, tbh never had any idea what it is or a reason to care.
I rather suspect that there will be a massive increase in domestic terrorism because of situations precisely like this over the next few years.
I don’t condone violence, I’m just stating that this is a logical byproduct of driving the general populace into a desperate situation where they have nothing to lose.
Wait why would someone do a terrorism when they could pay less than they are paying now?
You’ve not seen true desperation before. I’m not saying that buying solar panels are wrong, I’m saying that people who are worried about dying of heat stroke or freezing to death (climate dependent of course) because the power is out may not act rationally.
A burning data centre will keep you warm for a while
If someone can’t afford their electric bill how are they going to afford solar panels?
Solar panels are so cheap that they are cheaper than your electric bill… That is the entire point of getting them.
Solar panels are cheaper in the long run after up front costs. People who can’t afford their monthly electric bill don’t have the capital for the up front costs.
But if I could afford to install a system, yes it would be cheaper after X amount of years.
This is literally what loans are for. Some installers here offer interest free loans too.
Loans come with interest payments which makes the cost increase. If someone can’t afford solar panels without a loan then they can’t afford them with the additional interest payments.
The whole point of interest free loan is that there is no interest payments on it.
Do you think that people living paycheck to paycheck have good enough credit for a loan?
Been way below the poverty line before, living off £8k a year back in 2016. Other than buying a house I have never borrowed money so I would expect my credit was fine, tbh never had any idea what it is or a reason to care.
Because it doesn’t cost as much?