Finance

The solar experts at SunX Solar Systems work closely with several different finance companies and can provide you with numerous options for financing including:

 

• No Money Down
• No Interest, No Payments for 12 Months
• Low Rates
• Financing for Credit Scores as low as 620

 

We can also guide you through the solar rebate process, from choosing a qualifying system to filling out your application forms.

 

Contact us today to learn just how affordable a new solar system can be!

 

Leasing Versus Purchasing a Solar System

 

Although solar leases are increasingly common, they are not always the best option.

 

Under a solar lease agreement, another party owns the solar energy equipment installed on your home or business and you pay a monthly fee for the term of the lease (usually 10 to 15 years).

 

If the lease payment is lower than your monthly savings from the PV system, you will save money. Unfortunately, inflation rates within the lease model can cause the lease payments to grow larger than the utility bill savings over time, costing you money. In addition, leased solar systems are not eligible for federal tax credits.

 

A solar lease can also cause issues should you choose to sell your property. Because it is a debt liability, potential buyers may not want to assume your lease or may not be able to qualify for it.

 

By purchasing the system, property owners can sidestep these issues and make a true solar investment. A solar energy system will:

 

• Increase your property value
• Reduce your monthly energy costs

 

Pay for itself in as little as 4 to 5 years while continuing to generate free energy over its 25-year lifespan*

 

Purchasing a system has never been more affordable thanks to a generous 30 percent federal tax credit and excellent finance options.

 

*Our solar electric panels carry a 25 year warranty.