Over the average 20 year lease, the amount of money that can be saved on your energy bills is amazing. Depending on your system, this can range anywhere from $10,000 - $30,000!
The average solar system in the U.S. is 6 kW, and generates enough power to offset about 6.3 metric tons of CO2 production. This is a great way to reduce your carbon footprint and combat climate change.
If you decide to buy your solar panels instead of leasing, you may qualify for a Federal tax credit for up to 30% of the installation cost. This amounts to $7,500 saved on a system worth $25,000!
If you are not the owner of your home, you will not be able to have solar panels installed. Sorry renters, you are out of luck.
This is usually not a problem for most homes, but if you have a lot of tree cover you may not get full value from the panels. Roof slope, direction, and build quality all play a part in determining whether or not solar panels would be a good fit for your home.
Trinity Roof & Solar is not interested in having you waste money that is not a good investment for you. If we determine that the amount of money you will save does not offset the cost of the panels, we will let you know. We want you to be a long-term partner, not a quick sale.
This option is the simplest, if you already have the cash on hand to upfront for the system. This offers you the ability to immediately save money on your bills, qualify for the Federal tax credit, and increase the value of your home.
If you have great credit, you may be able to qualify for a loan to cover installation costs. This option also allows you to take advantage of the 30% Federal tax credit, because you will own the panels.
With this option, you don't have to pay any money upfront for the installation or maintenance. The solar company owns the panels, and they charge you a lower rate for the energy the panels produce. This option is great if your goal is to lower your energy bills for $0.
Leasing your solar panels is similar to a solar PPA, where you have no upfront charges to get the system installed. You simply pay a fixed monthly amount based on the estimated yearly production of the solar panels.