No home is quite like yours. While solar systems help thousands of homeowners save money on electricity, you can’t help but wonder: would solar work with my home?
It’s a good question. For homes in heavily wooded areas, with unusually low electricity demand, or with unconventional rooftops, solar might not make sense economically. But what about your home? How can you know that solar will help you save money before you proceed to install panels?
That’s why our engineers are here. For every home, they can create a precise calculation of the potential savings with solar, and they’ll do it for free. Here’s how it works.
The Pre-Feasibility Analysis
We first analyze your historical energy usage. Then we estimate the total energy production if a solar system is installed on your home. This is an advanced estimate based on all relevant factors including the layout and the average exposure of your rooftop to the sun over the course of the year. Based on the results, we can calculate with high accuracy how much you would be saving if you decide to install solar panels.
We always make sure that our solar program is a mutually good fit. If we calculate that you wouldn’t be saving more money than you would be spending on solar, we won’t sell it to you. If it doesn’t work for you, it doesn’t work for us.
If, however, our analysis shows that solar would work with your home, we are ready to offer you a long-term lease with no minimum credit score or minimum income requirements. You would be paying a fixed monthly rate with installation, maintenance, and efficiency improvements included. We will even give you a written guarantee of how much you will save in the first year. If it works for you, it works for us.
Should You Lease or Buy Solar Panels?
That is a question we often get, but it doesn’t have a generic answer. While both options could help you save money on energy, the decision really comes down to finding the best fit for your home and your budget.
To purchase a solar system, you will need to pay the full price upfront. However, even with the help of federal and state incentives, it would take several years to break even and start saving money on electricity. If you have substantial savings and are ready to wait years before your investment starts paying off, purchasing a solar system may be the right choice for you.
Leasing a solar system, on the other hand, requires no upfront cost. If you choose the PosiGen solar lease, you won’t need to spend before you start saving.
But what about the cost? Your solar system will not only offset a portion of your electricity bill, but you will also lock-in the electricity rate for solar: no price increases for 20 years. Installation, monitoring, and system maintenance are all included in the fixed monthly rate. You wouldn’t have to worry about repairs or insurance.
|What if Technology Changes? |
If solar technology does improve in the future, the result would be more kilowatts within the same size panel, and not necessarily greater savings. You would only be in a position to save more if your consumption increased dramatically. For this reason, every month spent waiting for the big technological leap that probably won’t happen is a wasted opportunity to start saving money immediately.
The PosiGen solar lease program comes with a written Savings Guarantee and Equipment Performance guarantee. To make sure your savings are as high or higher than promised, we also offer free energy efficiency upgrades. Even the small adjustments can save you between 5% and 30% on your monthly electricity bill.
Find Out What Works For You
Purchased or leased, solar can be a great way to save money. Which option you choose should depend on your priorities. The best thing you can do to make an informed decision is to do the research.
- Are there any solar homeowners in your neighborhood? Talk to them.
- Read reviews about solar experiences online.
- Talk to solar experts and consider all recommendations.
The PosiGen team is here to help. Reach out to us for a free consultation and we will be happy to explain in detail how the solar system could work for your home. We are even ready to offer you a free pre-feasibility study and give you a detailed estimate of the savings you could be making. The analysis is completely free and requires no upfront commitment; you have nothing to lose and plenty to gain.