Pay Less for Solar Panels

You can pay less for solar panels!

So many property owners are considering renewable energy options, but are concerned about the upfront costs.  But, did you know you can pay less for solar panels?

Over the past two years, solar panel prices have dropped dramatically – by more than 50%!  Even so, investing in solar can carry a “break-even” time period of 7-15 years.

In order to minimize the initial cost outlay for solar panels, there are a number of options to consider when you start considering going solar.

1.  Maximize local, state and federal tax incentives and rebates.  Government is very supportive of taxpayers’ efforts to go solar.  Even as prices continue to drop, you can effectively slash the cost of solar panels by up to 80% with tax incentives and rebates.  Consider that, for a solar panel system that would normally cost $50,000, you could pay as little as $10,000!

2.  Ask for volume discounts.  Purchasing 10 panels?  Maybe you can pay for 9 and get one for free!  You really do not know, unless you ask.  Solar manufacturers are happy to make a happy customer.  Just think about the number of friends and colleagues that you would refer as additional clients!  (those in the solar panel business…. hint, hint!)

Solar panels can cost you less

3.  Create your own volume discount.  Find other people in your area that would like to install solar panels.  Work together and negotiate a reduced cost for solar panels systems.  You can do this on your own, or work with a company like One Block Off the Grid.

4.  Consider financing options.  Whether you lease solar panels or get a loan from your local government (paid off through property tax increases), you may not have to pay the entire cost for a solar panel system upfront.

Don’t let the cost of solar panels dissuade you from switching to the renewable energy resource!  Even if you are still making a significant investment upfront (after maximizing incentives, rebates and discounts), consider the fact that for every $1 you save on annual energy costs, your property value increases by $20.

Could you save $2,000 a year by installing solar panels (about $150/month)  How would it feel to know that your property value would go up by $40,000?

That’s a pretty great return on investment!

Tags: cost solar panels, finance solar panels, install solar panels, pay less solar panels, solar manufacturers, solar panel system