Needs more info but maybe you lease the panels until they are paid off completely? If you default on payments they come and take the solar panels back??
Maybe they meant loan and not lease.
Comment on How I Installed DIY Solar Power and Started Running My House on Batteries
Squizzy@lemmy.world 1 week agoI dont understand the structure here, are people leasing the solar equipment? Can I guess where you are from?
AdolfSchmitler@lemmy.world 1 week ago
Polisheocket@lemmy.zip 1 week ago
It was a 20 year lease and only 5 years in. After lease they come get the equipment or you sign a new lease for new equipment or you just buy the next time
Polisheocket@lemmy.zip 1 week ago
Yes, 20 year lease, CA. Solar city, multiple Tesla batteries for no real reason
Squizzy@lemmy.world 1 week ago
I dont even know what to say, that is insane. What world do americans live in that they let themselves get ridden like this.
I got a decent residential array and battery that has so far provided 70% minimum each day in fucking Irelanf and I paid in full €8k.
Polisheocket@lemmy.zip 1 week ago
Elderly family member
Squizzy@lemmy.world 6 days ago
?