Why sign a 20 or 25 year lease or PPA (power purchase agreement) when you can get a system installed with us and take a solar loan that offers similar monthly payments as those long term agreements but gives you much more flexibility over time to pay off the loan. Also, there are no escalators or ‘end of term’ buyout questions and no issues of transferring of agreement when you want to sell your house. Selling your home with a solar system you own it greatly adds to the value of the home and often can recoup the after tax value in selling price
When you own your solar system you can become eligible for a 26 % Federal tax credit on your solar system and battery purchase. You must have a tax liability to take advantage of the bottom line credit. Talk to your tax adviser to evaluate the tax impact of going solar on your own situation.
When you own your solar system and borrow those funds, you can still take advantage of the 26 % Federal tax credit on your solar system purchase. In addition, with most solar loans that are funded with a home improvement loan, you may be able to deduct the interest on your taxes each year. Talk to your tax adviser to evaluate the tax impact of going solar on your own situation.
When you also get a battery energy storage system (ESS system), you gain benefit with daily use to reduce your most expensive power and you can use the battery to provide some, or all, of your emergency power needs when the power goes out, especially when given notification by the utility due to expected weather caused power shut downs (PSPS events). ESS for home or business is a complex addition and can require some detailed analysis and review. We can help make the right choice about battery type and size.
Speak to a Go Solar Pro energy consultant to find out how solar can help you save on your monthly energy bill, all while making the planet a better place with clean, renewable energy.Schedule a Consultation