A recent episode of “The Ramsey Show” featured a caller from Phoenix questioning whether to buy solar panels before federal tax credits disappear. The caller, Sid, is 33 with $35,000 in cash on hand and no debt except his mortgage. Dave Ramsey confirmed the tax credit will expire at the end of the year but cautioned against a rushed decision. Ramsey advised a break-even of six years or less for solar, citing fast-moving technology. Co-host John Delony agreed, highlighting the rapid changes in technology. Ramsey emphasized that buying solar on debt is never a good idea, predicting a shake-up in the solar industry post-tax credit expiration.
Read more at Yahoo Finance: Dave Ramsey Warns To Buy This One Thing Before Trump’s Bill Changes The Rules. And He Insists Cash Is Your Only Option