Solar energy technology has come a long way over the last few decades with the increasing number of solar companies, but the cost to go solar can still be prohibitive for many homeowners.
The good news is that there are more ways than ever to go Commercial Solar Perth without breaking the bank, including leasing solar panels from companies that offer lower up-front costs than installation and maintenance fees.
Here’s everything you need to know about leasing solar panels and whether or not it’s the right option for you.
How much do solar panels cost?
The cost of solar panels has been dropping rapidly in recent years, making them more and more affordable for the average homeowner. Solar companies typically offer two leasing options: a leased system with little to no money down or a power purchase agreement (PPA) in which you agree to pay for the electricity that your panels produce.
Solar leases typically last 20 years, while PPAs can last for 10-20 years. In most cases, the solar company will own, maintain, and insure the solar panels on your roof, and you’ll simply pay a monthly fee for the electricity they produce.
What kind of return on investment can I expect from solar panels?
If you’re thinking about leasing solar panels, you’re probably wondering what kind of return on investment (ROI) you can expect. The truth is, it depends on a number of factors, including the solar company you choose, the size of your system, the location of your home or business, and the amount of sunlight your property receives.
How many solar panels do I need?
The average home has about 28-34 square feet of usable roof space. Based on that, you would need about 16-20 panels to power your home.
Of course, the number of panels you need will also depend on the amount of sunlight your area gets, the efficiency of the panels, and the size of your home. If you’re not sure how many panels you need, you can always contact a solar company for a consultation.
Should I buy or lease solar panels?
The decision of whether to buy or lease Commercial Solar Perth panels depends on a few factors. First, you need to consider the upfront cost. If you have the cash on hand, buying may be the better option.
However, if you don’t have the upfront cash, leasing can be a good way to finance your solar panels.
Am I eligible for solar panel rebates, tax credits, or grants?
There are many Commercial Solar Perth panel rebates, tax credits, and grants available to help offset the cost of solar panels.
The most common programs are state and federal tax credits.
Many states also have programs that offer cash rebates for installing solar panels. Some utility companies offer solar panel rebates as well.
Grants are typically available from the federal government and some state governments. Local governments may also offer grants for solar panel installation.
Conclusion
Solar panels are a great way to save money on your energy bill and help the environment. However, solar panels can be expensive. Leasing solar panels from solar companies is a great way to get the benefits of solar without the upfront cost. Here’s everything you need to know about leasing solar panels. -The company that owns the solar panels will install them on your property at no charge
-You’ll only pay for the electricity you use
-You won’t have to take care of any equipment or maintenance
-This option may allow you to take advantage of tax credits or other incentives from government programs
-It’s not just for businesses– homeowners with suitable roofs may also qualify
