EXPLORE YOUR SOLAR POWER OPTIONS
LEASING, FINANCING, POWER PURCHASE & CASH
Are you interested in harnessing the power of solar energy for your Northern California home but unsure about the process? Let us guide you through the ins and outs of Solar Power Purchase Agreements (PPAs) so you can make an informed decision about your renewable energy journey.
Solar Power Purchase Agreements (PPAs) offer a convenient and cost-effective way for homeowners to adopt solar energy without the need for a large upfront investment.
LEASE
Low Upfront
CostsLeasing allows you to enjoy the benefits of solar power without a substantial upfront investment. The solar provider owns and maintains the system, so you typically pay a fixed monthly fee.
Maintenance Included
Since the solar provider owns the system, they are responsible for maintenance and repairs, relieving you of that burden.
Immediate Savings
You can start saving on your electricity bills right away, as the lease payments are often lower than your previous utility bills.
No Ownership
With a lease, you do not own the solar panels, which means you cannot take advantage of tax credits or incentives available to solar owners.
Long-Term Commitment
Lease agreements typically span 15 to 20 years, locking you into payments for an extended period. Exiting the lease early may incur fees.
Limited Savings Potential
While leasing can provide immediate savings, the long-term savings may be less than other options due to ongoing lease payments.
FINANCE
Ownership
Financing allows you to own the solar panels outright, making you eligible for tax credits, incentives, and any future energy savings.
Long-Term Savings
While financing requires an initial investment, the long-term savings can be significant, as you'll eventually pay off the system and enjoy free electricity.
Flexibility
There are various financing options available, including solar loans and home equity loans, allowing you to choose the option that best fits your financial situation.
Buying Power
Financing can require a down payment or initial investment and shows up on your personal credit report, which can affect your buying power for other products.
Responsibility for Maintenance
As the owner of the system, you are responsible for maintenance and repairs, which can add to the overall cost of ownership.
Interest Payments
Depending on the financing option chosen, you may incur interest payments, which can increase the overall cost of the system.
FINANCE
POWER PURCHASE AGREEMENT
Ownership
Financing allows you to own the solar panels outright, making you eligible for tax credits, incentives, and any future energy savings.
Long-Term Savings
While financing requires an initial investment, the long-term savings can be significant, as you'll eventually pay off the system and enjoy free electricity.
Flexibility
There are various financing options available, including solar loans and home equity loans, allowing you to choose the option that best fits your financial situation.
Buying Power
Financing can require a down payment or initial investment and shows up on your personal credit report, which can affect your buying power for other products.
Responsibility for Maintenance
As the owner of the system, you are responsible for maintenance and repairs, which can add to the overall cost of ownership.
Interest Payments
Depending on the financing option chosen, you may incur interest payments, which can increase the overall cost of the system.
CASH PURCHASE
Maximum Savings
With a cash purchase, you own the solar panels outright, allowing you to maximize your savings by eliminating monthly payments and taking advantage of tax credits and incentives.
Shorter Payback Period
Since there are no monthly payments or interest charges, the payback period for a cash purchase is typically shorter compared to other options.
Increased Home Value
Solar panels can increase the resale value of your home, providing a return on your investment if you decide to sell.
High Upfront Costs
Cash purchases require a significant upfront investment, which may be prohibitive for some homeowners.
Responsibility for Maintenance
As the owner of the system, you are responsible for maintenance and repairs, which can add to the overall cost of ownership.
Opportunity Cost
Investing a large sum of money in solar panels may limit your ability to invest in other areas or projects.ents, which can increase the overall cost of the system.
CASH PURCHASE
1415 N Market Blvd
Suite 1
Sacramento, CA 95834
Copyright © 2024 | All Rights Reserved.
1415 N Market Blvd
Suite 1
Sacramento, CA 95834
Copyright © 2024 | All Rights Reserved.