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The reason we put "biggest" in"s here is because it's technically truewith lower equipment costs and a tax credit, solar costs less than ever before, and a solar installation in Florida pays itself off in 13 years.You might even develop a meaningful relationship with a member of your community who has been doing this for a while, and if something goes wrong with your system, it might feel better to pick up the phone to call them rather than an 800.Experienced - How many solar systems has the company installed?From loans and leases to power-purchase agreements, there are a lot of options out there.We discussed the options in the section on loans above, but heres a quick refresher: Home Equity - Probably the best way to pay for solar, because you control it, the rates are lower, and you can repay it in a more flexible way.Third-party lenders for solar financing sometimes include finance charges or higher interest that can mean you save less in the long run.Dealer alone determines actual price.Your home's value just increased by more than 19,000, too (your expected annual electricity savings over 20 free iphone x giveaway 2017 years)!If you're ready for a custom" for a solar lease, our network of experts are on call to assist you.Also, nothing beats a human connection from a trusted source.As the electric company raises rates, you save more and more, and more.
Option 2: Using a loan to pay for solar.
At Monark, we make every effort to be more than your standard home appliance store.These loans are usually structured with the solar tax credit as a balloon payment after 1 year, and the balance of the system cost as a long-term loan at 5-7 interest.The North Carolina Clean Energy Technology Center has always striven to keep dsire a free and open resource, providing valuable information on thousands of policies and incentives for renewable energy and energy efficiency.Solar leases differ from PPAs in a couple of important ways: instead of paying for the electricity produced by panels, the lessee pays a monthly lease payment for the privilege of having the panels on their roof, and gets whatever energy those panels make.If, however, you went with a different installer, perhaps sourced through a different website, youre probably stuck looking through the paperwork you got with the system to find the manufacturers of your panels, inverter, or other components.They all offer in-house financing options and multiple ways to pay, and they might also throw in bonuses like free monitoring equipment and long-term warranties.Many will be able to provide you a complete estimate without coming to your house.Just keep in mind that important considerations other than price set solar companies apart.