Going Solar is so easy these days, all you have to decide is whether to buy or lease solar panels for your home or business.
“Installing solar on your home is cheaper and easier than ever – whether buying or leasing,” says Tom Kimbis, Solar Energy Industries Association (SEIA) vice president. “The average price of a solar system has dropped by more than 50% since 2010, and the new financing models are giving access to more and more Americans.”
LEASE SOLAR PANELS:
Today’s Solar lease process is similar to leasing a car or getting cable service. Most leases do not require a down payment. The best part, they lock you into a low interest rate for as long as 20 years. Your savings compared to current and future electricity rates will be greater during the life of the contract. The solar panel company, like Go Solar Power is responsible for any panel maintenance or repair.
A great new option is a pre-paid lease. The homeowner pays for the lease upfront at a lower cost.
As with the traditional lease, they do not have to deal with maintaining or repairing the panels.
BUY SOLAR PANELS:
If you are interested in maximizing the savings and other financial benefits such as rebates, tax credits or other incentives, then we recommend to buy the solar panels.
When you buy the solar panels, you not only get the best price, you can also benefit from Federal Tax Credits. In 2019, homes and businesses purchasing a new solar power system is eligible for a 30% Tax Credit. be able to get city, county, state, utility district and federal incentives that bring significant cost savings.
Other tax rates or incentives may be available via the city or state depending on where you live. Good quality Solar companies, like Go Solar Power can walk you through every step of the tax credits
Purchasing solar panels does mean that the owner will have to maintain and repair. However, Solar panel systems are highly durable, do not break often, and do not require annual servicing. This is because there are no mechanical moving parts. Go Solar Power offers a warranty on workmanship and our panels come with a 20 or 25-year warranty.
Whether you choose to lease or buy solar, experts’ we caution all consumers to do their homework and research. Make sure the installer of your solar panel has a track record of successful installations and happy customers. Call 833-Fl-Go-Solar and find out how easy it is to buy or lease Solar Panels for your home.