There is an appeal to powering your home or business with solar energy. It is cleaner and costs less than conventional energy sources. It takes you out of being reliant on the big utility companies for your energy. The problem is that a system big enough to make an impact often requires a sizable investment, and that can be a deterrent for many people. Fortunately, most companies that provide solar panels and equipment also offer solar financing.
If the upfront costs are what are holding you back, you may want to look into leasing. Most companies offer affordable lease options. You get the immediate benefits of solar energy, with none of the initial installation costs. Instead, a payment plan is worked out. You also do not have to monitor the system as closely, because with a lease, the leasing company will handle a good bit of the solar panel maintenance.
Another affordable option for those who do not have the cash for the installation is a zero-down plan. Not all companies offer this, but it can be a smart way to get your solar system up and running quickly. With no down payment, you are not out any cash. You just make your monthly payments until it is paid off. Of course, if you have money to put down, you can reduce the amount of your monthly payments, sometimes substantially, depending on the size of your down payment. Paying cash for the complete system is always acceptable, but if that’s not an option, talk to your provider about solar financing options.