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.
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.