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Old 08-15-2008, 02:12 PM   #27 (permalink)
dooleysm
Platinum Member
 
Join Date: Mar 2005
Location: Southern Indiana
Posts: 785
Default Re: This winter will be cold at my place.

I don't know far into the future the payoff is, but it's getting closer at an increasing rate based on anecdotal evidence of the rising cost of heating fuels vs. electricity.

I also get a $15k deduction on the assessed value of my house for the life of the system, for property tax computation purposes.

And I get to keep my house at a comfortable temperature with little regard to the cost of doing so.

My wife and I built our house over the course of most of 2004. It will take a major personal or natural disaster to force us to leave, so I'm sure we'll be there celebrate the payoff date
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