Owning a solar panel system has been made easier and more affordable by today’s solar financing options. The cost of a solar panel system is dependent solely on its overall size. At Bright Eye Solar, we offer a wide range of residential solar financing solutions that are tailored to meet your solar energy needs and budget.
About Our Residential Solar Financing Solutions
There is a comprehensive range of residential solar financing solutions that make it possible for homeowners to own a solar panel system at truly affordable rates. Popular options include:
- Solar Loan
With a solar loan, you do not have to make any net payments but rather, your solar panels will make these payments for you. Solar loans are more popular than other financing options because clients get bill savings on utilities, as well as a functioning solar energy system without having to use their cash at all. A solar loan allows you to make instant savings on your bills, e.g., electric, without using any money.
- Solar Purchase
A solar purchase directly results in savings on your electricity bill. This mode of solar financing is a good payback on your investment as you receive all financial incentives that are allowed by the Federal government and this further increases your savings. A good solar contractor is responsible for handling all required documents and paperwork so that you receive all possible discounts and incentives.
- BES Hybrid Financing
This option allows property owners to enjoy all the benefits of a solar lease option and get a better return on investment without actually applying for one. Although many solar companies are promoting lease plans, the reality is that they tend to cost more over the long-term. The duration of a typical solar lease plan is approximately 20 years on average. The monthly premium increases about three percent per year. This means that you will be paying double the cost by the 20th year and still own nothing! If you are looking for an option that helps you save money and add value to your home, BES financing is a great option to consider.
Benefits of Residential Solar Financing Solutions
Residential solar financing options like a solar loan or BES financing enable you to get a well-functioning solar panel system without having to worry about the cost and maintenance. A solar financing solution ensures that you do not pay a lot of money up front for solar installation. A client who uses solar financing gets their tax liability lowered as a result of the interest paid covering it. They can also simply transfer the home or pay it off and maximize their returns when they sell it.
How Bright Eye Solar Can Help
Our team will set up a consultation with you where you can ask any questions you might have regarding the residential solar financing options we offer. We will work together with you to choose the best financing option that is tailored to your solar needs and one that will be beneficial to you in the long run.
Choose Bright Eye Solar for Premier Residential Solar Financing Solutions
Bright Eye Solar consists of a team of dedicated professionals whose aim is to offer you the best solar energy services including top-notch residential solar financing options. Our aim is to help you choose the best solar financing option that will enable you maximize the benefits of solar energy.