How does this play out in the real world.
Should i go for free solar panels.
Not so with leasing or ppas.
They make more than enough profit over the life of the system to recoup the cost of equipment savings that should end up in your pocket.
Vision 2020 why your business should finally go solar solar isn t just for intel and wal mart anymore.
But wait that s not all not only can you get solar panels installed for free you also get dramatically reduced monthly electricity bills with fixed rates for as long as 25 years.
The feed in tariff is supported by a number of suppliers as it s mandatory for those with over 250 000 customers.
Time to shake off the old way of thinking and join the growing chorus of smart business.
A 2015 study from the national renewable energy lab on home values in southern california found that each kw of panels installed increases home value on average by 5900 as long as the installation is homeowner owned.
All solar panels meet international inspection and testing standards and a qualified installer will install them to meet local building fire and electrical codes.
Also by owning your system you add value to your home.
The bottom line is there might be a free solar panel scam lurking out there but it isn t coming from any reputable solar company like ours.
It sounds too good to be true.
Yes they ll put free solar panels on your roof but they also reap most of the long term value from owning the system.
A better way to finance your system.
Also your solar energy system will undergo a thorough inspection from a certified electrician as part of the installation process.
Your total savings will typically be just 10 to 30 percent of your utility electricity bill.
You can go solar without paying a cent.
A company such as sunrun or.
I first mentioned this proposition known formally as a power purchase agreement two years ago.
If you have solar panels don t for heaven s sake think this locks you into your energy provider so you can t get cheaper bills join the mse cheap energy club to stick on permanently low prices.
But wait that s not all the free solar panels installed on your home are warrantied monitored and maintained by your solar service provider again at no charge to you for as long as 25 years.
Should you buy your solar panels.
If you can afford it buying your solar panels.
While solar leases and power purchase agreements ppas require no money down and promise a maintenance free option they come with a trade off.