$0 Cost Solar Program Cuts Homeowner Electric Bill by $266/mo
See if your home can save with solar
Lower your power bill
Increase your home value
Save hundreds monthly
A recent survey revealed that 97% of homeowners believe that installing solar panels is very expensive. It turns out that installing solar on your home now can be very low cost, if not actually free. In fact, government programs often cover costs for you. If you are a homeowner with an electricity bill over $100, once you're on solar you should instantly see lower monthly electric bills. Also, in the 30+ states with "net metering" programs, you can get excellent returns by selling your power back to the utility company.
Why You Should Go Solar
Lower Your Power Bill
Average homeowner cuts their monthly electric by by over 50%
Remove A Car Off The Road
A typical Solar System offsets emissions produced by one car in a year.
Take Advantage of Tax Credits
Federal Solar Tax Credit means you can deduct 26% off your system's cost.
Increase Your Home Value
Homes with Solar Panels installed sell for 4% more than homes without.
Monthly Savings Start in Month 1
with $0 down financed solar panel system
Solar is a more sustainable form of energy than fossil fuels, so government incentivizes homeowners to go solar. If you're thinking about making the switch to solar, these programs can dramatically reduce your project costs. These programs come in several forms, including rebates, tax credits, subsidies, and $0 down low-interest loans.
Financing companies now offer solar loans without requiring any down payment or prepayment penalty. These are unsecured loans and do not connect to your house like your mortgage. And yes, if you take out a solar loan to install a solar panel system, you still qualify for the solar tax credit.
A common misconception is that homeowners pay more than their monthly electric bill by taking out a solar loan. The reality is that savings begin from month 1, not some distant point in the future. The example below shows a homeowner who took out a $0 down payment 20-year solar loan at 1.49% APR. Their monthly electric bill was $219, the loan payment came out to be $134, and the monthly electric bill dropped to $14, savings them $71 per month starting from month 1.
Here are some actual quotes our customers received
CASE STUDY #1
Loan Purchase: Customer's Electric bill reduced from $297/month to $154/month.
- Monthly electricity bill BEFORE solar - $297/mo
- Monthly electricity bill AFTER solar - $16/mo
- Loan down payment - $0
- Total monthly payment after going solar - $154
CASE STUDY #2
Cash Purchase: Customer's Electric bill reduced from $280/month to $14/month.
- Monthly electricity bill BEFORE solar - $280/mo
- Monthly electricity bill AFTER solar - $14/mo
- Cash payment - $37,289
- Tax Refund - $9,695
- Total monthly payment after going solar - $14
CASE STUDY #3
Loan Purchase: Customer's Electric bill reduced from $219/month to $188/month.
- Monthly electricity bill BEFORE solar - $219/mo
- Monthly electricity bill AFTER solar - $5/mo
- Loan down payment - $0
- Solar panel loan payment (7.99% APR for 10 years) - $183
- Total monthly payment after going solar - $188
CASE STUDY #4
Cash Purchase: Customer's Electric bill reduced from $259/month to $5/month.
- Monthly electricity bill BEFORE solar - $259/mo
- Monthly electricity bill AFTER solar - $5/mo
- Cash payment - $22,152
- Tax refund - $5,759
- Net cost - $6,392
- Total monthly payment after going solar - $5
CASE STUDY #5
Loan Purchase: Customer's Electric bill reduced from $302/month to $156/month.
- Monthly electricity bill BEFORE solar - $302/mo
- Monthly electricity bill AFTER solar - $55/mo
- Loan down payment - $0
- Solar panel loan payment (1.49% APR for 20 years) $101
- Total monthly payment after going solar - $156
CASE STUDY #6
Cash Purchase: Customer's Electric bill reduced from $297/month to $16/month.
- Monthly electricity bill BEFORE solar - $297/mo
- Monthly electricity bill AFTER solar - $16/mo
- Cash payment - $33,049
- Tax Refund - $8,583
- Net cost - $24,456
- Total monthly payment after going solar - $16
CASE STUDY #7
Loan Purchase: Customer's Electric bill reduced from $219/month to $100/month.
- Monthly electricity bill BEFORE solar - $219/mo
- Monthly electricity bill AFTER solar - $5/mo
- Loan down payment - $0
- Solar panel loan payment (1.49% APR for 20 years) - $95
- Total monthly payment after going solar - $100
CASE STUDY #8
Cash Purchase: Customer's Electric bill reduced from $272/month to $30/month.
- Monthly electricity bill BEFORE solar - $272/mo
- Monthly electricity bill AFTER solar - $30/mo
- Cash payment - $23,993
- Tax Refund - $6,238
- Net cost - $17,755
- Total monthly payment after going solar - $30
CASE STUDY #9
Loan Purchase: Customer's kept their electric bill the same while pocketing $8,708 from Federal tax refund
- Monthly electricity bill BEFORE solar - $170/mo
- Monthly electricity bill AFTER solar - $11/mo
- Loan down payment - $0
- Solar panel loan payment (1.99% APR for 20 years) - $174
- Total monthly payment after going solar - $100
CASE STUDY #10
Cash Purchase: Customer's Electric bill reduced from $233/month to $11/month.
- Monthly electricity bill BEFORE solar - $233/mo
- Monthly electricity bill AFTER solar - $11/mo
- Cash payment - $24,776
- Tax Refund - $6,442
- Net cost - $18,334
- Total monthly payment after going solar - $11
Solar Incentives
Solar is more sustainable form of energy than fossil fuels so government incentivizes homeowners to go solar. If you're thinking about making the switch to solar, these programs can dramatically reduce your project costs. These programs come in several forms, including rebates, tax credits, subsidies, and $0 down low-interest loans.
Select your state to see solar incentives available in your state
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