How To Get A Deal On Solar Panels

Nature power solar panels take the sun s energy and turns it into electric current.

How to get a deal on solar panels.

In general a purchased solar system can be installed at a lower total cost than system installed using a solar loan lease or power purchase agreement ppa. They have a scratch resistant and anti reflective coating to help keep the solar panel in good shape for many years. Under a solar lease the installer builds a system on your property and charges you a monthly fee to lease the equipment from them. A study by zillow found solar panels on average add 4 1 to property s value.

Solar leases and ppas offer people a way to go solar with no up front cost. An outright purchase used to be the only way to get solar and it s still the option that provides the biggest financial returns. Solar panels generate their own power and can therefore greatly offset your monthly electricity bill if not. You pay a flat monthly fee and get to use 100 of your system s production.

Here are six steps to take to determine whether you ll save more than you spend on solar panels. Evaluate your sunlight exposure. The reason we put biggest in quotes here is because it s technically true but based on percent return for the money a loan is a better option. These solar panels are high efficiency 12 volt solar panels featuring sturdy aluminum frames and high transparency tempered glass tops.

To find the best priced panels it s best to shop around and get multiple quotes. You can receive free quotes from vetted installers local to you when you register your property on our solar marketplace homeowners who get 3 or more quotes can expect to save 5 000 to 10 000 on their solar panel installation. For a 500 000 home solar panels will add a cool 21 500 in value. The biggest installers typically don t offer the best price.

If you prefer to buy your solar energy system solar loans can lower the up front costs of the system. One important reason is that when you buy a solar panel system whether through a solar loan or otherwise you instantly increase the value of your home. Review your electric bill.