At Kiss Electric we will help you determine the best financial options when purchasing or leasing a solar power system. There is a large difference is you are residential homeowner vs. a commercial business. Tax Credits, Depreciation, Write Offs are very different. Part or the answer will depend upon your businesses overall goals. The decision you make shouldn’t be based solely on how to save money on electricity. You can lower your energy costs whether you buy or lease (also known as a PPA or Power Purchase Agreement) solar panels, so immediate savings shouldn’t be your only concern. Customers who choose to buy a solar panel system are usually focused on maximizing the financial benefits and have cash on hand to invest. They also tend to be in a position to benefit from investment tax credits associated with solar power systems. Finally, homeowners planning to sell within the next few years may opt to buy a solar system because it can increase the value of a home.
Those who decide to go with a solar PPA are often more concerned with sourcing their electricity from a clean, renewable source and want to start enjoying cost-saving benefits immediately. They are looking for a hassle-free way to use solar power without having to pay upfront costs, take out loans or deal with long-term maintenance. If you can’t decide whether complete a PPA or buying a solar panel system is more beneficial for you, contact us for a free consultation. Our team of experts will complete a thorough evaluation of each homeowner’s needs and goals before making our recommendations.
With all of the solar energy financing options available, choosing whether to buy or PPA solar systems can be difficult. Buying is a great option for many homeowners and businesses, especially since the solar power systems is an investment. While the cost of a solar power system varies, rebates and solar energy tax credits can actually reduce the cost by up to 30 percent.
One of the main benefits of owning a solar energy system is that you may not pay a monthly solar payment. Buying solar panels often means maintaining them. When that’s the case homeowners are usually surprised to discover that most solar panel systems require little to no maintenance. Here at Kiss Electric, our solar panel systems come with a 25 year warranty protection plan.
Getting a PPA solar power system is the best option if you want a cleaner, more affordable alternative to traditional energy delivery with little or no upfront costs. There’s no upkeep, no need to consult with an accountant to take advantage of tax credits, and at the end of the PPA you may have the option to upgrade to a new system featuring the latest solar technology. A PPA solar system is a hassle-free way to lock in low affordable energy rates, which means your savings grow over time when rates go up unpredictably.
You start saving as soon as your solar energy system is switched on. When you PPA your solar panels are installed for free by our finance partners and they’re maintained at no cost to you for the duration of your solar agreement. In addition, performance is tracked by Solar by Kiss’s full-time system monitoring. If you move, you can just transfer your solar lease to the new owner. To find out what plans are available in your area, schedule a free consultation.
Contact Kiss Electric for a free no obligation estimate on installing a solar system for you home or office.