What Does Solar Cost?
Less than you may think ...
A better question is what does it cost to NOT go solar.
Electric rates rise every year. In California they have gone up about 4-7% every year, depending on the utility & rate. That rise each year is compounded so your bill just keep going up exponentially.
Going solar prevents that rise and gives you PROTECTION against ever increasing costs. Once you pay the utility, it is money out the door, instead of paying for solar where you are making an improvement to your home as an INVESTMENT.
You can put solar on your home or business and SAVE for 25 - 40 years on your electric bill AND add VALUE to your property, all with no increase in property taxes, due to state law.
Solar is the best value improvement you can make to your home or business, let us show you!
Solar Costs have Gone Down
The cost of solar has gone every year for the last 5 years. In fact, the cost of the average solar system has dramatically dropped almost 50% in the last couple of years.
An average residential system can range from $12k to $30k so it is on par with a car purchase. The systems are WARRANTIED for power production for 25 years so you have years of power generation.
Solar is now competing in costs with your utility. When you go solar, you are adding value to your home, unlike paying the utility. There is data proving solar increases resale value of your home if you own the system.
Studies by Lawrence Livermore Laboratories, Berkeley and the University of North Carolina have found solar holds its value in resale of solar home or business.
Source: Berkeley Lab
Solar Incentives are Going Away
The Federal Solar tax credit (ITC) allows you to recoup 30% of your solar investment, if you buy a system and not lease, off your Federal taxes owed or that you have paid to the IRS for the tax year of the installation.
It will even roll over until it is used up as well! This bottom line 30% of system cost Tax Credit is designated to reduce at the end of 2020 and disappear by 2022 which mean if you WAIT your cost of going solar will go up in the future. Sure, solar is going to get more efficient and cost less in the future but if you act now you can get 30% off. Also, all the time you wait means paying the utility that much more when you could be paying yourself.
Solar Pricing Varies
Solar PV systems vary in pricing based on system size, type of roof or on the ground, electrical upgrades needed and many other factors. The key is cost of equipment and cost of labor. We have little control over the cost of solar equipment except to buy from the best sources at the lowest possible prices. Labor cost is controlled due to our business model and this means we can give you one of the lowest cost installations in your area.
We are confident enough that we offer a price guarantee, if you have a valid written proposal, we will match it if the system is comparable size and type of installation.
Solar loans are the best approach to funding solar.
GoSolarPros has researched solar loans vs. solar leases or power purchase agreements (PPA) and a solar loan is a much better financial proposition for most homeowners. There are now an abundance of great financing options.
You can even get solar loans that require little or no money upfront or out-of-pocket. So, while nothing is free, you can get a fixed loan that has a good interest rate and term that will have a payment that is less then what you are currently paying the utility company for the equivalent power in most cases. Most solar loans allow you to reduce the payment with the money you get back from the IRS. There are loans that will be paid back along with your property taxes if you like.
Let us show you a proposal, contact us today!