this post was submitted on 18 Aug 2023
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How do people afford the upfront cost of solar? (lemmy.world)
submitted 1 year ago by AnotherPerson@lemmy.world to c/homeimprovement@lemmy.world
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I just got a DIY kit quote for solar and it's ~$18,000. That would mean a contractor installing is at least $25,000 if not more. That's a big chunk of change upfront.

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[–] Cheesus@lemmy.world 0 points 1 year ago

I bought a smaller house than I could afford in 2018. I could realistically afford around $1.1m but instead bought a $850k house. We just save the rest of the money for investing instead of what would have gone into a mortgage.

Some people are wealthy, some people are frugal, some people are house poor and finance everything is how people afford solar.