Is Clean Energy Available for All?
Have you thought about the idea of installing solar panels on your home? Too often, people believe the myth that only the rich can afford solar. In the past, it was true that solar panels were expensive and difficult to access, but technology has come a long way over the years, making solar more affordable for homeowners.
You Can Afford Solar
The cost of a solar system will cost thousands of dollars, depending on how much electricity you use in your home. There is a 30% Federal Tax Credit, which helps with the cost of the solar system. Not everyone can afford to pay cash for their solar system. In most situations, homeowners choose to finance their solar, which means they pay a monthly solar loan payment until the total amount is paid in full. This financing requires no upfront costs, because most loans require 0 down. The most important thing to remember is that investing in a solar system for your home is literally an investment for your family.
If you are paying for conventional electricity services through your electric company, that money is going down the drain every month. If you invest in yourself and put that same money into paying the loan payment for your solar, that system is adding value to your home, so the money isn’t wasted. It’s like the difference between renting a home and paying a mortgage. You can stay on the lifetime payment plan with your electric company or you can pay 12 years on a solar loan.
Value in the Future
The real financial benefit comes when the solar loan is paid in full. Once you are done paying for the system, you have the opportunity to continue enjoying clean energy without an electricity bill each month. Especially if your solar system was designed to cover all of your electrical usage. Quality solar systems will last for years and come with a 25 year manufacturer warranty. You will be happy that you invested in solar for your home because of the money that you save on electricity and you won’t have to worry about the rate increases from your utility company.
If you are interested in a solar investment for your future, then our team is here to help. We will always give you honest answers to your solar questions and will design a system for your energy needs. Give us a call for a no-obligation quote at: New Day Solar (855) 444-6329 or you can visit our website at: www.newdaysolar.com.