Solar Savings

There are many options when it comes to purchasing a solar power system at your home. Solar is a long term investment that proves to have incredible savings but it still may cost thousands of dollars to get started. There are essentially three major options when switching to solar. Below you will find a pro/con list for each of these methods and it’s important that you choose which one is right for you.

COMPARE YOUR OPTIONS

CASH OPTIONS

CASH OPTIONS

PROS
CONS
You own your solar system
Up-front costs are higher
Energy savings begins immediatelyYou are responsible for all maintenance and repairs
You get all of the tax credits and rebatesLong term investment
Home resale value increases

Factory warranties of 20-25 years
Free energy... eventually

FINANCING OPTIONS

YGRENE / HERO OPTIONS

PROS
CONS
Less up-front costs
Financing is rolled into your property taxes
You own the solar systemYou are responsible for all maintenance and repairs
Lower energy costs from day 1May be more restrictive protocols as to product selection and installation
Potential tax benefits and rebatesYou have to transfer your payments to the new homeowner if you sell your home

LEASING OPTIONS

LEASE OPTIONS

PROS
CONS
Little to no up-front costs
You don't own the solar system
Leasing company handles maintenance costsNo tax benefits or rebates come to you
Lowe energy costs from day 1Typically contract are 20+ years

Leasing companies not responsible for maintaining the roof the panels are on

If you have more questions about your specific project please fill out the form below and we will contact you for a FREE estimate
We can’t wait to hear what you have in mind!

Get A Free Quote
© Copyright 2016 Hodne Construction. All rights reserved.