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PRODUCTS WE OFFER
01. Power Purchase Agreements (PPA)
A solar Power Purchase Agreement is a great way for homeowners to get solar at no out-of-pocket cost to them! With a PPA, solar panels are utilized as utility equipment, meaning that Sunrun provides the solar equipment to produce the needed energy for the homeowner. In turn, the homeowner agrees to buy that energy from Sunrun for a flat, fixed rate, as opposed to the ever-increasing and unpredictable rates from the local utility company. Sunrun rates tend to be as low as the utility company’s rates from 10 years ago! This is a great option for homeowners on a fixed income, or those looking to sell their house within the next 5 to 10 years.
Because Sunrun owns the panels in this situation, the homeowner will simply be replacing their currently utility bill with a lower monthly solar energy bill. Savings are immediate!
02. Cash Purchase
A Cash Purchase is the overall cheapest way to buy a solar system. It is also the only option that includes an out-of-pocket cost and upfront payment. The benefit to a cash purchase is that homeowners avoid finance fees and interest; this makes the overall cost of the system cheaper in the long run. By owning their panels, homeowners can largely eliminate their electric utility bill, as well as add value to their home!
Buying solar allows homeowners to absorb the associated federal tax credit – currently 26% of the overall cost of the system. Keep in mind, this tax credit is not going to be around forever, which is why NOW is the best time to invest in solar!
03. Zero Down Financing
Through lenders like Sunlight Financial and Loanpal, we are able to offer a large variety of zero down finance purchase options. This means that there is zero out-of-pocket cost to buying a solar panel system. Loan term lengths vary, ranging from 5 years all the way up to 20 years. In short, there’s a finance option for everyone!
Because this option allows homeowners to PURCHASE solar panels with no out-of-pocket cost, it means that homeowners that choose a zero down finance option can also absorb the federal tax credit. The federal tax credit is currently 26% of the overall cost of the system.
NAMES YOU CAN TRUST
Sunrun is the Nation’s leading residential solar provider. With over 250,000 customers nationwide and counting, they are in partnership with Freedom Forever and a powerhouse in the solar industry.
Freedom Forever is currently one of the largest solar installation companies in the state of California. They have also expanded into multiple other states, including Illinois, Utah, Nevada, Florida, and Arizona.
Sunlight Financial is a finance company that allows customers to obtain funding to purchase solar panels with flexible terms and fixed interest rates.
SOLAR MOSAIC, INC.
Mosaic’s lending process is simple and worry-free for both contractors and homeowners. Get flexible financing options for all types of budgets.
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