No matter what method you chose to go solar; cash purchase or a loan, you will save money. However there are clear benefits to owning your system. Thanks to the federal income tax credit, 30% of the system cost, and multiple state and utility incentives, most customers see a return on their investment around 9 years. After that, you own the system, which is producing free and clean energy for it’s lifetime, 25-30 years or longer. Residential Incentives
Do you view solar as an investment in addition to being way to save money each month?
Do you have the tax liability to qualify for the federal income tax credit?
Do you live in an area with a high utility rate?
Does your state, local government or utility offer incentives to go solar that can reduce the cost or realize the return on investment sooner?
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