Congrats on the new home! whether it's your first purchase or forever home, you have made the smart financial decision to own and build equity. Most people don't realize that month after month after month you have agreed to a long term rental agreement with your local utility company. $200 a month turns into $2400 per year or $48,000 over 20 years. With utility prices destined to double or triple over the next 15-20 years, you are looking at over $100,000 leaving your families net worth, crazy right! You have locked in a low interest rate and it could be time to lock in your electricity costs by going Solar. Not all homes make sense unfortunately, but if your roof/home/tree situation allows for solar, it is one of the best financial decisions you can make.
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