A growing number of homeowners have turned to solar panels to provide a source of renewable energy and to lower their electricity bills.
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However, solar panel shopping offers consumers an abundance of choices, one of the most prominent being the decision of leasing versus owning a solar panel system.
While both options have pros and cons, owning a solar panel system can be a profitable investment, experts say.
In many cases, the benefits of owning outweigh those of leasing, especially with companies that make installing solar panel systems affordable and easy.
Solar panel systems increase a home’s resale value $20 for every $1 saved annually in electricity.
In addition, solar electric systems are currently 100% property tax exempt.
“I think homeowners and business owners think [solar panel systems are] a complex purchase or item and what we actually do is we break [the process] down so it makes a lot of sense for a homeowner or business owner.” said Xiomara Roman, vice president of sales at So-Cal Solar Inc.
Related: So-Cal Solar Inc.
So-Cal Solar Inc. is the leading solar provider in California and installs both commercial and residential systems.
The company has installed more than four MegaWatts in solar panel systems.
“We stand behind education for our homeowners and our business owners when it comes to their solar installations,” Roman said. “We mostly look at value and what’s going to be the best return on the investment.”
When solar panel systems are bought, the federal tax credit and California Solar Initiative Rebate that come along with the purchase go to the home or business owner rather than to the leasing company.
“When you finance your solar electric system your loan monthly payment will be less than your monthly electric bill which allows you to see a return instantly,” according to So-Cal Solar’s website. “In today’s economic crisis purchasing solar is one of the strongest and most secure investments you can make for your future.”
So-Cal Solar Inc. offers several options to make the transition to solar power as affordable as possible. Homeowners and business owners are able to choose between 2.99% financing or no payments for the rest of 2014.
Solar panel installments with So-Cal Solar Inc. also require no money down and no equity on the customer’s home to qualify.
For more information on So-Cal Solar Inc. and how to get solar panels, visit their website.
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Source: Santa Clarita News