Learn how you can become energy independent today
Leasing solar is when a solar company puts solar panels on your house at no cost and in exchange becomes your new electric provider. The difference between them and the electric company is they charge you a reduced rate for the electricity the panels produce.
A lease may seem like a smart decision, but you will probably change your mind after doing the math. With a 20 year lease you will pay an annual rate increase and you will continue to pay the electric company for over usage. In addition, if you decide to move, the panels may become a liability for the next buyers who would have to take over your lease in order to purchase the home.
With new innovative financing and government run programs & incentives, the ability to purchase solar is more affordable than ever. For as little as no money down you can put a solar system on your house and the panels will pay for themselves in under 5 years! You will receive a federal tax credit of 30% of the cost of the system. Also, the PACE financing is totally tax deductible, saving another 20% on the cost of the system.
While the savings differ from family to family, there is no question that you can save money purchasing solar. Immediately you will start to see a difference with your electric bill because you are now producing your own energy! You also won't have to be beholden to the tiered rates your electric company charges you.