The truly rewarding aspect unfolds over the long term. As you consistently pay down your solar loan, you're steadily moving towards a future where the energy your panels produce comes at virtually no cost. Imagine decades of significantly lower, or even eliminated, electricity bills once that loan is settled, freeing up considerable funds. This, coupled with the potential boost in your home's value, makes solar a powerful and enduring investment.
And don't forget about potential government incentives like tax credits, which can further reduce the overall cost of your system when you finance. Ultimately, exploring smart loan options isn't just about making solar accessible; it's about strategically positioning yourself to reap the substantial financial rewards of clean energy ownership for decades to come.
No or Low Upfront Cost: Allows you to go solar without a large initial outlay.
Immediate Savings Potential: Depending on the loan terms and electricity rates, you may start saving money on your bills relatively quickly.
Ownership of the System: You own the solar panels once the loan is fully paid off.
Eligibility for Incentives: You are typically eligible for tax credits and rebates, which can help offset the loan cost.
Owning Your Power from Day 1: How it Works
Maximum Long-Term Savings: You own the system outright from the start, maximizing your return on investment over the system's lifespan. You'll benefit from all electricity generated and any applicable incentives.
No Interest Charges: Avoid paying any interest associated with loans or financing.
Full Control & Ownership: You have complete ownership of the system and all its benefits.
Increased Home Value: Owning a solar system generally adds significant value to your home.
Eligibility for All Incentives: You directly receive all available tax credits, rebates, and other incentives.
Significant Upfront Investment: Requires a substantial amount of capital.
Opportunity Cost: The money used for the solar system could potentially be invested elsewhere.
Borrowing for a Sustainable Future: How it Works
No or Low Upfront Cost: Allows you to go solar without a large initial outlay.
Immediate Savings Potential: Depending on the loan terms and electricity rates, you may start saving money on your bills relatively quickly.
Ownership of the System: You own the solar panels once the loan is fully paid off.
Eligibility for Incentives: You are typically eligible for tax credits and rebates, which can help offset the loan cost.
Interest Charges: You'll pay interest on the loan amount, increasing the overall cost of the system.
Monthly Payments: Requires consistent monthly payments, impacting your cash flow.
Loan Terms: Loan terms can vary, affecting your monthly payments and total interest paid.
These loans use your home as collateral, often offering lower interest rates but posing a risk to your property if you default.
These loans don't require collateral but typically have higher interest rates.
Some lenders focus specifically on solar financing, often offering favorable terms and understanding the nuances of solar incentives.
How much can you afford upfront and monthly? What are your long-term financial objectives?
Are you comfortable with debt or prefer to own the asset outright?
Can you take advantage of tax credits and other incentives?
How long do you plan to stay in your current home?
How much involvement do you want in system maintenance and management?
Financing options, like loans and PPAs, allow you to begin enjoying the savings from solar power with little to no upfront investment. This means you can potentially lower your electricity bills immediately without depleting your savings.
Instead of tying up a large sum of money in a cash purchase, financing allows you to keep your capital available for other important investments, home improvements, or unexpected expenses.
Solar loans offer structured monthly payments that fit within your budget. PPAs provide predictable energy costs, shielding you from volatile utility rate increases. This makes budgeting for your energy expenses much easier.
Opting for a solar loan allows you to gradually build equity in your solar system as you make payments. Once the loan is paid off, you own a valuable asset that continues to provide free energy.
When you finance through a loan, you are typically eligible for valuable government incentives, such as tax credits and rebates. These can significantly reduce the overall cost of your system and improve your return on investment.
The variety of financing options available – from traditional loans to specialized solar financing and PPAs – provides greater flexibility to choose a solution that best aligns with your financial situation and preferences.
Financing options, like loans and PPAs, allow you to begin enjoying the savings from solar power with little to no upfront investment. This means you can potentially lower your electricity bills immediately without depleting your savings.
Instead of tying up a large sum of money in a cash purchase, financing allows you to keep your capital available for other important investments, home improvements, or unexpected expenses.
Solar loans offer structured monthly payments that fit within your budget. PPAs provide predictable energy costs, shielding you from volatile utility rate increases. This makes budgeting for your energy expenses much easier.
Opting for a solar loan allows you to gradually build equity in your solar system as you make payments. Once the loan is paid off, you own a valuable asset that continues to provide free energy.
When you finance through a loan, you are typically eligible for valuable government incentives, such as tax credits and rebates. These can significantly reduce the overall cost of your system and improve your return on investment.
The variety of financing options available – from traditional loans to specialized solar financing and PPAs – provides greater flexibility to choose a solution that best aligns with your financial situation and preferences.
Your Next Steps to Power Savings
Our experts will evaluate your energy usage, determine if solar is right for you and
provide custom quote—no pressure, just savings!
Step 2
We’ll design a solar solution tailored to your energy needs and budget,
ensuring the best fit for your home or business.
Step 3
We install your solar panels for peak efficiency, so you can start saving
immediately—no upfront costs, just clean energy!
Book your Free Consultation Now!
Start Your Going Solar Journey With NEEX
Transitioning to solar power not only enables homeowners and businesses to reduce their carbon footprint, but it also offers numerous financial advantages.
By requesting a solar quote, you gain valuable insights into potential savings on your electricity bills, access to government incentives and rebates, and the opportunity to lock in long-term energy costs.
Our team of experts is here to guide you through the process, providing tailored quotes that showcase the immense benefits of harnessing the power of the sun for a brighter, cleaner, and more affordable energy future in New England.
Super agradecida con la información y accesoria que me dieron para poder tomar una decisión con lo que tiene que ver con los paneles!Gracias a todo el equipo por su aporte!
Thank You Luis and Valentina for the guidance and expertice in the process of going solar, highly Appreciated!!!
It was a pleasure to work with Luis and Valentina! Responsible, honest and professional!
Very nice people great communication Helped me very well through the whole process Highly recommend heba, Valentina and Luis
The best in the business!
The staff at New England Energy Experts were fantastic. They were really knowledgeable and worked with me every step of the way. They made it a point to listen to my needs and make sure the solar solution they proposed was actually what would be best for my home. They were not pushy like some salespeople and genuinely cared about making sure I got what was best for me. Highly recommend and would work with them again!
One of the best customer service I’ve received! Valentina and Luis guided me through the process very thoroughly and answered all the questions I had. They were also personable, which was very appreciated. Highly recommend!
Very thorough explanation of how solar works and how it can help our family. Very happy with the information.
Super agradecida con la información y accesoria que me dieron para poder tomar una decisión con lo que tiene que ver con los paneles!Gracias a todo el equipo por su aporte!
I had a phenomenal experience with New England Energy Experts. Their customer service was excellent—they communicated clearly, answered all my questions, and were incredibly reliable. They completed the installation exactly as planned. Very satisfied!