solar house with money

There Are Two Ways to Go Solar with SI Solar

PURCHASE: You can purchase the system outright. The cost will depend on the size of your roof, as well as the size of the system that can be installed.

LEASE: You can lease a system – which is similar to leasing a car – with nothing up front and no out-of-pocket expenses. Essentially, the installation is “free” and you simply make monthly payments for the system. These payments are guaranteed to be less than you are paying for electricity today.

BY THE NUMBERS

While many different factors impact your direct savings from solar, a typical homeowner may be able to save between 60-100% of his or her current electric bill. However, since everyone’s personal situation is so different, results may vary.

Most solar systems give you a return on your investment within 5-10 years, depending on a variety of factors, including:

  • Your utility provider
  • Your location
  • Your current utility rates
  • Whether you purchase or lease your solar system
  • How much power your system generates vs. how much power you actually use

Most people can get a solar system for $0 down. This is possible due to government incentives for renewable energy.

The federal government provides a 30% tax credit for all solar systems installed through 2019. Both New York and New Jersey have requirements to increase their use of renewable energy over the next decade. Because of these mandates both states provide economic incentives to those who install solar systems.

We’re Here to Help
Call SI Solar today at 844-747-6527 or Contact Us for a free, no obligation solar assessment of your home. We’ll tell you if you qualify for our $0 Down Programs. Once completed, you will have a better idea of just how much you can save with solar energy.