Should I Get Free Solar Panels

In a nutshell if you choose a power purchase agreement ppa like our rateguardian tm ppa or a solar lease we will put solar panels on your roof for no money down free but you will not own the system.

Should i get free solar panels.

As a homeowner installing solar panels on your property is a great way to save money on your energy costs over multiple decades. You live somewhere sunny the more hours of sunshine you get per day the more energy you can generate daily from your panels. However the panels are not given to you free because you do not own them or any other part of the system installed on your home for that matter. The more energy you generate every day the bigger your cost savings and the higher your roi for solar panels.

This type of warranty should cover your solar panels for 25 30 years. You should definitely purchase solar panels if. 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. A better way to finance your system.

While solar leases and power purchase agreements ppas require no money down and promise a maintenance free option they come with a trade off. You can actually get solar panels installed on your home at absolutely no charge to you. If the warranty offered to you is for less than 25 years understand that this is considered lower than the industry standard. 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.

Solar panels should work in most any state except perhaps parts of alaska. In december 2018 the government confirmed its intention to end solar panel incentive payments on 31 march 2019 meaning people who have solar panels installed after this won t receive payments for generating electricity or exporting it to the grid. 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. This warranty covers a guaranteed minimum power output over the warranty period of the panel.

Your total savings will typically be just 10 to 30 percent of your utility electricity bill. If you already have solar panels this won t affect you you ll still get your payments. Due to the precipitous 70 drop in the cost of solar power equipment since 2010 more than 10 million homes across america are now powered by solar photovoltaic panels on homes businesses and from large scale solar projects 1.