Solar Financing
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Auburn, CA Solar Panel Cost & Financing
Learn about our convenient solar panel financing options for Auburn-area residents to start saving money on your electricity bill right away. Leases now offer the most financial benefits available. Our Auburn solar energy company can help you select the option that works best for your unique situation - from ownership, PPAs to leases.
Lease Your Solar Panels - Save Money & Get A Tax Deduction
Solar panel financing for Auburn-area residents offers numerous financial benefits to make the transition to clean, renewable energy more accessible and affordable for homeowners. One significant advantage is the ability to claim a full tax deduction over the course of ten years on the amount paid for the lease, instead of paying for electricity without any tax benefits – now you can save money and get a tax deduction at the same time! Leasing eliminates the need for a large upfront solar panel cost investment, as Auburn residents can start saving on their energy bills instantly without paying a lump sum for the solar panels. Another noteworthy perk is that maintenance and upkeep of the solar panels are handled by our team, relieving you of the responsibility and ensuring the panels function optimally at all times. Overall, solar panel financing provides Auburn, CA- area residents a hassle-free, cost-effective solution for those looking to embrace solar energy and enjoy its benefits without the burden of ownership and maintenance.
Get Solar with a Power Purchase Agreement (PPA)
A Power Purchase Agreement (PPA) makes solar energy more accessible. With a PPA, you can enjoy the benefits of solar in Auburn without the upfront solar panel costs or ownership responsibilities. Instead of purchasing the solar panel system, a third-party financial provider installs and pays to maintain the panels on your property, while you agree to purchase the electricity generated by the system at a predetermined rate. This arrangement offers several key benefits, including lower and more predictable energy costs, as the rate you pay for solar power in Auburn with our solar energy company is typically lower than traditional utility rates. Additionally, the PPA provider assumes responsibility for system maintenance and performance, ensuring your solar panels remain in optimal working condition throughout the agreement's term. By choosing a PPA, homeowners can take advantage of solar energy's environmental and financial benefits without the upfront costs or long-term commitments associated with purchasing a solar system outright. However, this does not come with the tax benefits you will find with a lease agreement.
Owning Solar Panels with Loan Financing
Obtaining a loan to cover purchase solar panel costs presents several advantages for Auburn, CA homeowners looking to invest in clean, renewable energy. By financing the purchase through a loan, you can enjoy the immediate benefits of solar energy. This allows you to start saving on your energy bills from day one while spreading the cost of the solar system over a manageable repayment period. Homeowners who decide to use a loan to buy solar panels can take full advantage of government incentives and tax credits, such as the federal Solar Investment Tax Credit (ITC), which can significantly reduce the overall cost of the solar system. Furthermore, investing in solar panels through a loan also means you own the solar panel system, which can increase your property value and attract potential buyers who are interested in energy-efficient homes. Securing a loan to purchase solar panels offers an affordable and accessible path to energy independence, long-term financial savings, and increased property value, all while contributing to a greener, more sustainable future. Call Ask Crystal About Solar, your local Auburn, CA solar energy company and see what options are available to you.
