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In this episode, Peter and Jake offer a comprehensive look at solar financing, comparing cash payments, loans, leases, and Power Purchase Agreements (PPAs) to help viewers choose the best option for their needs. They discuss critical considerations such as understanding tax credits, avoiding hidden fees, and knowing fair market pricing to maximize the return on solar investments. Additionally, the hosts dispel common myths, like the belief that only paying cash yields a strong ROI, and highlight situations where financing might be the smarter choice. For homeowners looking to reduce electricity costs, this video provides essential advice on selecting financing methods, achieving energy savings, and ensuring a smooth transition to solar energy.
00:00:00 - Intro to solar financing options
00:00:22 - Cash, loan, and PPA overview
00:01:20 - Common objections to financing
00:02:40 - Hidden fees in solar financing
00:03:50 - Immediate rate of return explained
00:05:10 - Benefits of solar loans vs. leases
00:06:00 - Adding efficiency upgrades to loans
00:06:30 - Differences in solar ownership options
00:07:45 - Myths about credit and interest rates
00:09:30 - Fair market pricing for leases
00:10:25 - Tips on tax credits and financing
00:11:30 - Key questions to ask before financing
00:13:20 - Transferability of solar contracts
00:15:00 - Common financing mistakes to avoid
00:16:40 - Final recommendations on financing
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