How You Save

There has never been a better time to go solar in some states, with both Federal and State subsidies in place. Getting clean energy that also saves you huge amounts of money on your monthly bill is now a reality. Take advantage of it!

Financing

When you finance the solar panels, you also get to pay $0 up front out of pocket.  You make a fixed monthly payment for a loan term of usually 10 or 15 years.  This route will usually save you more money than the lease in the long-term for multiple reasons.

Leasing

When you lease the solar panels, you have $0 cost out of pocket for the actual solar panels, installation, construction engineering, design, or materials.  You only make a monthly payment that is lower than your current bill.

Power Purchase Agreement (PPA)

When you sign up for a PPA, you have $0 cost out of pocket for the actual solar panels, installation, construction engineering, design, or materials.  You only make a monthly payment that is lower than your current bill.

 Cash

When you pay cash for the solar panels, you get all of the same incentives that you get with financing, since you are the owner of the system.  However, you are not spending any money on interest through a loan, and therefore this route will save you the most amount of money in the long-term.

 

 

Financing


When you finance the solar panels, you also get to pay $0 up front out of pocket.  You make a fixed monthly payment for a loan term of usually 10 or 15 years.  This route will usually save you more money than the lease in the long-term for multiple reasons. 

When you finance, you get ownership, which means you receive the FEDERAL TAX INCENTIVE (30% tax credit on the total cost of the system).  You also get to generate income through Solar Renewable Energy Certificates (SCREC’s).  These certificates are produced for every 1,000 kilowatt hours of excess energy your panels send into the utility grid. 

Another big difference about ownership is that after the loan term is over, nobody comes and takes the solar panels away from you.  You are now getting free electricity through solar panels, which have a manufacturer warranty of 25 years and can last past 40 years.

WHERE WE COME IN – THIS IS VERY IMPORTANT!!  Let us help you choose between financing and leasing.  There are too many solar companies out there that are not educating the customer on all of their options, and we want that to be your last concern.

Leasing

 

When you lease the solar panels, you have $0 cost out of pocket for the actual solar panels, installation, construction engineering, design, or materials.  You only make a monthly payment that is lower than your current bill.

You make a fixed payment every month to the solar company which typically comes in 30% lower than your current utility bill.  If the solar panels do not produce the estimated amount of electricity, your account will be reimbursed for the missing energy.  Any overages are yours to keep for free.

WHERE WE COME IN – THIS IS VERY IMPORTANT!!  It is stressful enough to learn about solar and how it works, so we want to take the burden off of you in finding the best rate and making sure you’re getting a fair deal.

Power Purchase Agreement (PPA)

 

When you sign up for a PPA, you have $0 cost out of pocket for the actual solar panels, installation, construction engineering, design, or materials.  You only make a monthly payment that is lower than your current bill.

You pay a fixed rate for the electricity that is produced by the solar panels, which typically comes in 30-40% below your current utility rate.  Different from a lease, you only pay for what you get, each and every month, but you are also responsible to pay for any over-production.  But don’t sweat about paying for over-production, since the utility stores your excess energy and sends it back to you for free!

WHERE WE COME IN – THIS IS VERY IMPORTANT!!  It is stressful enough to learn about solar and how it works, so we want to take the burden off of you in finding the best rate and making sure you’re getting a fair deal.

Cash

 

When you pay cash for the solar panels, you get all of the same incentives that you get with financing, since you are the owner of the system.  However, you are not spending any money on interest through a loan, and therefore this route will save you the most amount of money in the long-term.

Incentives include the Federal Tax Incentive (30% tax credit on the total cost of the system).  You also get to generate income through Solar Renewable Energy Certificates (SCREC’s).  These certificates are produced for every 1,000 kilowatt hours of excess energy your panels send into the utility grid.

WHERE WE COME IN – THIS IS VERY IMPORTANT!!  It is stressful enough to learn about solar and how it works, so we want to take the burden off of you in finding a fair cash quote with the return on investment you deserve.