SOLAR PROGRAMS: SOWING SEEDS FOR A BRIGHTER FUTURE
GETTING STARTED
Sun-Grown Solar offers a seamless solar journey, managing everything from design and engineering to permits and installation. We provide ongoing support, ensuring smooth operation of your solar system and offer various financing options tailored to your needs.
Considering going solar to save on rising electricity costs? Beat the utility companies rate hikes with solar energy and discover the financing option that best suits your needs—whether buying, financing, or a solar Power Purchase Agreement (PPA).
Unsure which option is right for you? Here’s a breakdown of each below.
Government PPA
If owning solar panels isn't your preference but you want to be protected from energy rate hikes, consider a Government-funded Power Purchase Agreement (PPA). With a PPA, you pay a fixed price per kWh for the electricity generated by the solar system, which is lower than utility rates.
Solar PPAs are a great option for those who want the benefits of solar without taking on debt or making an upfront investment. With a solar PPA, you receive fixed monthly payments based on your energy usage. Opting for a PPA can be beneficial if you prefer not to finance solar and instead want to leverage government incentives.
PPA's also come with a system performance guarantee, ensuring reliable energy production rain or shine. You assume minimal risk, as the installer is responsible for maintenance. This hands-off approach is appealing for those who want solar benefits without ownership. Sun-Grown Solar handles permitting, installation, funding, and provides a peace of mind with predictable savings.
Financing
We understand the appeal of ownership. With financing your solar project, you can purchase your own solar system and enjoy lifelong savings. One of the key benefits? You can retain the federal tax credit, build equity in your home, and start saving money right away. By offsetting your energy costs, you protect yourself from future electricity price hikes and unexpected bill increases due to fluctuating energy use.
Recognizing that a cash purchase isn't feasible for every homeowner, a loan is a viable alternative. Sun-Grown Solar collaborates with multiple financing partners to guide homeowners through this process, ensuring they find a loan option that suits their needs and budget.
Solar financing options will vary for each household. However, one thing is evident: with the West Coast experiencing extreme weather events, prolonged preemptive power outages, and high electricity rates, households are seeking a renewable, reliable, and affordable solution. Solar panels paired with batteries present a promising choice.
Cash
Purchasing your solar panel system outright is widely regarded as the most cost-effective approach to adopting solar energy in the long term. By owning the system, you become eligible for the federal solar tax credit, a government incentive that can significantly reduce your total project costs by 30%.
Buying your solar system outright with cash typically offers the quickest payback period and the highest return on investment compared to other payment options; installing solar panels can potentially increase your property value by 4 to 5%.
If you have the means to make a cash purchase, it's like prepaying 25 years of electricity bills upfront, at a fraction of the cost.