THE BEST WAY TO GO SOLAR

Most People Choose the Costliest Route to Going Solar

Lisa Halverstadt, June 15, 2015 (Voice of San Diego)

“…About 70 percent of new solar customers in California are getting panels with leases or power purchase agreements, which has them paying for the energy their panels produce rather than regular monthly sums, according to [Banking on Solar: An Analysis of Banking Opportunities in the U.S. Distributed Photovoltaic Market from the National Renewable Energy Laboratory. People] who buy solar panels come away with a better deal over the long haul, but leasing is attractive to people with less to spend up front and who don’t want to make the commitment…Solar experts agree purchasing the panels usually pays off more over the long haul, especially with a federal tax credit that shaves up to 30 percent of the cost off both cash purchases and loans…Twenty or 30 years in, customers who lease or enter into a power purchase agreement with a solar company may still be paying – and end up spending far more…” click here for more

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