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Solar Bonds


               
2015 Jul 23, 10:03am   11,650 views  10 comments

by CL   follow (1)  

https://solarbonds.solarcity.com/

Just saw this advertised. Any thoughts?

#investing

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10   TechGromit   @   2015 Jul 25, 6:01pm  

Also at the end of 20 years, the solar company takes the panels back, you may have the option to buy them.

So let's recap there.

1. You lease the panels for 20 years, at full cost of the panels and at inflated price.
2. The solar company gets all the state and federal tax incentives.
3. At the end of 20 years, you still don't own the panels, but you may purchase them, probably at an inflated price, because what they really want you to do is sign another 20 lease. We gonna keep there suckers hooked.
4. Selling you house in the future will be difficult at best, you'll probably have to cut the price of your house to sell.
5. From what I'm reading customer service is horrible, not to mention shoddy workman ship, the net is full of stories of systems systems incorrectly install, NOT generating electricity and still on the hook for the monthly lease payments,

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