u/Enough_Ad4975

Hey, Looking for some advice on a proposal, I’m in the Northeast if that matters.

Empower energy solution

23 panels of Hanwha Q Cells Q.PEAK DUO BLK ML-G10.C1+/AC 410

No Microinverter listed

System Size 9.43 KW

Leased through Lightreach

Total cost $28, 101

Initial energy rate of 0.21

Monthly payment 158.45

Annual escalator is 2.99%

At Year 5 Annual kWh will be $0.2364/kWh, Monthly Solar payment is 174.83 and a prepayment amount of $56,892.

Is this a good deal?

My concern is I may move in 5 years and the rep made it seem that the 5 year buyout would only be several thousand.

Thanks for any constructive input!