Why is now such a good time for Solar?

Despite some of the bad publicity about a few Solar companies, specifically Solyndra, the industry overall is very healthy and provides significant financial and environmental benefits to homeowners and businesses. 

There are 3 good reasons why going Solar now is an ideal option – it’s all about saving on your utility bills.

1)      You can save immediately on your electric rate, and lock these rates in for 20 years with a Power Purchase Agreement!  This is very attractive when utility rates continue to climb at 3-5% per year

2)      Current Lease and Power Purchase Agreements do not require an upfront investment – a huge hurdle for many

3)      Panel prices have come down significantly and Financing companies can pass this on to homeowners

The two most common ways for homeowners to go Solar are through a standard Lease or a Power Purchase agreement.  A Solar lease means a homeowner will have the system installed on their roof, or in their yard, and a pay a flat monthly rental fee for the use of the electricity generated by the system.  A Power Purchase Agreement means the homeowner agrees to purchase the power generated from their roof at a lower cost (per KWh) than the utility provides, and lock in these rates for 20 years or more.  This ensures the homeowner will have a hedge against utility price increases for many years. 

So, there’s never been a better time.  If you and your home qualify, it makes perfect sense to go Solar!  Why do you want to go Solar?

For more information on residential solar, click here:  http://www.1stlightenergy.com/solar-services/residential-introduction/