The Solar Financing Standard: Solar Loan vs Cash, the Interest Drag Formula, and the Ontario Break-Even Decision
Comparing Solar Loan vs Cash for Ontario Off-Grid Systems Deciding between a solar loan vs cash purchase is a math problem because interest on a $15,000 loan at 9.5 percent adds $8,775 to your total cost and pushes the break-even point past 10 years. Paying cash eliminates this interest drag and gives you immediate ownership









