When owning your solar system, whether you buy your system outright or decide to take a loan, it pays to go solar. With a system designed to offset 100% of your power bill, you can nearly eliminate your power bill on day 1 and put those savings to work immediately on paying down the system costs.
Considering the immediate Increased Property Value & the Solar Investment Tax Credit (ITC) associated with the system installation, those funds can also put to work to accelerate the payback schedule. Additional annual revenue you’ll collect from Solar Renewable Energy Credits (SRECs) & Annual Over-Production Payments will also combine to reduce system pay-back periods to typically under 5 years.
We would be happy to discuss your estimated payback with you and assist you in your journey to go solar.