Own Solar

Installing a solar panel system can save thousands in electricity costs. You'll enjoy a $0 or very low power bill for the 30 year life of the system.

For example, if you currently spend $200 per month for electricity with a utility, then you will spend $81,979 over 25 years. Solar costs less. You will save money with a $5,000 to $25,000 solar panel system. Remember, you can pay the utility for 25 years, with annual price increases, or you can pay a lot less for solar power. You'll also get some great tax credits and cash rebates, and you will increase the value of your home.

There are several solar financing options available if you are a home or business owner. Our solar installation professionals can discuss the various options like mortgage refinance, home equity loans, government solar loans, personal solar loans, community PACE financing, or a solar lease.

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Owning your solar system, whether by paying cash or using a traditional loan, provides you with the greatest savings. In contrast, there are solar lease programs available that require you to sign a long term contract ranging from 15 to 20 years. Although you may save 10% to 15% in your monthly electricity costs with a lease, you will not own the solar system, and the greatest savings will go to the solar lease company. Should you decide to sell your property, then you will be required to make a balloon payment or entice the new buyer to sign a contract with the solar lease company. An exciting new program that offers great promise is called Property Assessed Clean Energy financing or P.A.C.E.

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These financing programs are offered through your installer by your local city or county government responsible for property assessments. The local government arranges long term bonds, and in turn provides a 20 year property assessment that is paid just like your property taxes. Although not yet widely available, PACE has all the savings benefits of system ownership and long term, low cost financing.

No matter your approach to installing solar, it has never been more affordable. Solar panel costs have never been lower, and solar rebates and solar tax incentives have never been better.