Solar Power Financing
Why Don’t We Offer a Leasing, Financial Option?
At SET Solar, we believe everyone should be able to own their power, not rent it. Through our solar financing option, you own the system, no matter which one you choose. Compared to other solar companies that claim to sell solar energy when in reality they’re just leasing them to you, SET Solar wants to give you the opportunity to own your power.
If you sell your home, you don’t have to worry about the purchaser being approved for the lease of your solar system. Because you own the panels, it will be easiest to pay off any remaining balance on your panels with proceeds from your sale, transferring ownership of the panels to the new owners. Remember, your home’s value should rise with solar panels, considering the power that your panels generate is free.
- Own your power
- Maximum return on investment
Solar Power Financing – Get Financing
The Clean Energy States Alliance has released a guide to help homeowners navigate the complex landscape of residential solar PV system financing. The free online publication helps help homeowners make sound decisions and select the best financing option for their needs. The guide describes leases, loans, and power purchase agreements (PPAs) and explains the advantages and disadvantages of each, as well as how they compare to a direct cash purchase. It clarifies key solar financing terms and provides a list of questions homeowners should ask before deciding if and how to proceed with installing a solar system.
Partner Agency: Clean Energy States Alliance (CESA)
Resource Type: Guide
Stakeholder Group(s): Residential
Publication Date: February 2015
Resource Link: http://www.cesa.org/assets/2015-Files/Homeowners-Guide-to-Solar-Financing.pdf
Minnesota Solar Energy Incentives
If you have a low credit score, you might consider special programs such as PACE (Property Assessed Clean Energy). PACE is a government program that finances solar and other projects that increase energy efficiency.
Team Technical Services the opportunity to offer their high-end portable digital pressure calibrators and digital test gauges to complement.
An authorized PACE lender (such as Renew Financial or Ygrene) provides those funds to property owners who want to make clean energy improvements, like installing solar panels on their home or business.
Benefits of Solar Power Financing
Lower Power Costs and Lower Bills. The most obvious financial benefit of solar power is that it can lower your utility bills