Silly me signed a 25 year lease with Sunnova in Florida who is now Sunstrong. My sales rep was with LGCY. My home insurance came up for renewal and through talking to my agent, he suggested that I add extra coverage for the panels, but to find out what they're worth first to get an accurate number. From there I started REALLY looking at what the cash price of my system might be and was blown away. I have 21 panels, and an 8.6 kw system. I've seen people saying they paid as little as $24k for them. The total payments at the end of my lease would be about $67k. Naturally now I'm ready to pay whatever termination costs there are to get rid of these panels. I called and the cs rep said after the 7 day cancellation window, there is no option to cancel. Mind you, that's not what my sales rep said when I asked him prior to signing up. I was initially sold on these because my electric bill at that time was ~350/mo. Now I pay about 145 to solar and 25 ish to the electric company depending on how much is produced. I figured ok thats still less than paying the electric company outright. Either way, I'd never heard of a lease that can't be broken. Any comments or advice good or bad please. Is it too late in the game and just sit with my choice and leave it alone? Is there a better setup than the one I currently have?
Context: I posted this last year and didn't realize it got deleted due to low karma 🥹 but I got them installed July 2024