If you’ve been shopping around for a solar panel system, you’ve probably heard at least one company advertise ‘free solar panels,’ implying that they’ll install a solar energy system on your roof for free. But, much as with anything, remember that there’s no such thing as a free lunch – and there’s no such thing as free solar panels.Continue reading
Tag Archives: solar leases
Are solar panels worth it in 2023?
For most people, solar panels are worth the investment, but in some rare circumstances they may not be right for you. However, even renters may have solar options if their property owners or managers are open to it – and if not, they might be able to sign up for community solar projects near them. In this article, we’ll help you answer the question: “Is it worth it for me to buy solar panels?”Continue reading
What is the output of a solar panel?
Most solar panels on the market in 2022 produce between 250 and 400 watts of power. You might come across these solar panel output numbers from your solar installation quote, which will typically include “245W”, “300W”, or “345W” next to the name of the panel. They are all referring to a solar panel’s wattage, capacity and power output.Continue reading
Purchasing solar panels: tips for buying or leasing
Whether you buy a system or lease it, going solar is one of the best ways you as a homeowner can save on energy bills and use renewable energy to power your home. That said, the financing option you choose influences a number of factors, including the costs, maintenance responsibilities, terms, savings, and the return on investment (ROI) of your solar panel system. Going solar can be an expensive proposition, with the average solar panel installation upfront cost ranging from $17,538 to $23,458 so financing may be the best option for you instead of paying in cash.Continue reading
Solar leasing: what you need to know
If you’re looking to lower your electricity bill without any upfront costs, there’s a good chance you’re considering a solar lease. Under the right circumstances, solar leases can be an attractive option, offering cheaper electricity with very little hassle on your end. However, there are also instances in which a solar lease could cause trouble down the line, so it’s important to do your research before signing any contract. In this article, we’ll cover the basics about solar leases–from what they are to why you may or may not want to enter one.Continue reading
Tesla’s solar rental program: what you need to know
Tesla discontinued the solar rental program it initially launched in 2019. The program was a return to Tesla’s SolarCity roots, with a unique twist on the product that made SolarCity the leading national installer of solar prior to its acquisition by Tesla. Learn more about other options for going solar with Tesla here.Continue reading
How much does a 6,000 watt (6kW) solar system cost?
If you’ve been looking into going solar, you’ve probably at some point seen quotes for a 6kW solar system. 6kW solar systems are one of the most popular system sizes in the US because in most places they will produce about the right amount of electricity to meet an average household’s daily electrical needs.Continue reading
Solar loans vs. solar leases
So you know you want to finance your solar panel system, but one big question remains: should you lease your system from a company, or own your system and finance it with a solar loan? The answer here depends on a few factors, including your preferences, needs, and financial goals.Continue reading
Tesla solar renting vs. leasing vs. buying solar panels
Tesla’s recently announced solar rental program was met with high hopes, as a program with the potential to make solar more accessible to more homeowners. With a sense of how the program works, the question becomes: how do the savings from renting solar panels form Tesla compare to the savings from owning or leasing solar panels?Continue reading
Solar leases vs. solar PPAs: solar financing options for a low-maintenance solar energy system
Many solar installers advertise solar leases or power purchase agreements (PPAs) as an easy way to reduce your electricity bill. And they’re not wrong; if you’re interested in a simple, low-maintenance way to install a solar panel system for your home, leasing solar panels may be a good option for you.Continue reading