Solar Power Solutions: Harness the Sun
Solar Panel Installation Services for Residential Properties
What Are Your Solar Options?
Solar Loan
The most popular method to transition to solar is through a solar loan, which assists in managing the initial costs of installing panels on your roof, allowing you to start saving immediately.
At Solarace, we collaborate with premier financial partners who provide the most competitive rates and optimal value for your solar investments. With most financing options, you’ll begin to see savings from day one. As electricity prices rise due to inflation, you’ll benefit from a stable, lower rate with your fixed solar loan payments.
Moreover, each payment made not only reduces your loan balance but also enhances the value of your home. This financing option empowers you to regain control over your energy costs and invest in your own property, rather than continually spending on utility bills.
Solar Lease
The advantages of leasing solar panels are similar to the benefits of leasing a car.
Leasing Requires Minimal Initial Investment. Opting for a solar lease can mean lower initial expenses to get solar panels installed on your roof. This option is particularly beneficial for those with limited credit, no downpayment capability, or lower tax liabilities, making them ineligible for the Investment Tax Credit associated with owning solar panels. If you’re anticipating advancements in solar technology or are hesitant to commit to another loan, leasing offers a flexible alternative.
One great aspect of leasing solar panels, unlike leasing a car, is that there’s no concern about mileage. You can generate unlimited energy without any extra fees.
Power Purchase Agreement (PPA)
Let us install our solar panels on your roof—you won’t own the system, but you’ll gain access to power that’s more affordable than what your utility company offers.
A Power Purchase Agreement (PPA) is akin to a lease because it enables you to have solar panels installed on your roof without any upfront costs, downpayments, or financing. However, the key distinction is that you neither lease nor own the panels.
Under this arrangement, we’ll install our top-quality solar panels on your property and handle all the ownership responsibilities. You’ll enter into a contract that secures a fixed, low rate for purchasing solar power from our system at a cost that remains consistently below what you would pay your utility provider, delivering significant savings over time.