There are many people who believe solar energy is out of reach financially. But what if you could significantly reduce your electricity bills for years to come? Solar energy is an investment that pays you back in savings. Additionally, government incentives and rebates can bring down the upfront cost considerably.
Here are some steps to get started if your desire is to own your own solar energy system:
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Ready to switch to solar? Let's check!
Review your latest utility bill to find out your average monthly energy use. This will help you decide if solar energy can save you money in the long run. If it looks positive, you can continue to the next steps!
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Get a solar installation quote from a reliable solar installer
The cost of installing solar energy isn’t the same for everyone. It’s essential to request a personalized quote from a trusted solar company that understands your needs. They will assess your monthly energy use and other costs, like materials and transport, to give you an estimate.
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Ready to take the leap with solar? Let's talk financing!
By now, you have a ballpark idea of the cost for installing a solar energy system. This is a big decision, so let's make sure it fits your budget.
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Option 1: Pay Upfront
If you can swing the upfront cost, that's fantastic! This means you'll own your system outright and avoid loan interest.
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Option 2: Solar Loans
If the upfront cost is a concern, solar loans can help. These loans allow you to pay for your solar installation over time. Lenders often design them specifically for solar projects, offering competitive interest rates.
Finding a Solar Loan
- Check with your preferred solar energy company, they may offer financing options.
- Check with financial institutions specializing in solar loans.
- Consider government agencies that offer solar loan programs (these may exist depending on your location).
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After you've explored your financing options, reach out to your chosen solar energy company to begin solar journey!