BUYING AND FINANCING
Your New Earth Solar Consultant will explain all of the financing options for home solar panels that we offer in Michigan and the benefits of a purchase, or a solar loan.
Solar Panel Financing Options
Wondering if you should buy solar panels? Purchasing a solar system ranges widely in cost, depending on the size of each home. A small home can be in the $10k-$15k neighborhood, while expensive homes with pools and add-ons can reach over $45k. Our Michigan-based solar company offers a number of solar panel financing options, and we work to make monthly payments for solar affordable to each family.
Purchasing a solar power system is a cost-effective and rewarding option, whether you have the ability to pay in full upfront or through a personal or home equity line of credit.
Benefits of buying solar panels include:
No monthly solar payments.
Generous federal and state tax incentives (if eligible -- be sure to consult with a tax advisor ahead of time.)
Hassle-free payment process -- you can even pay by credit card and earn points if your credit card has a rewards program.
24/7 monitoring and 20-year system warranty.
With a cash solar system purchase, you make all payments up front, versus monthly loan payments. We provide a complete 25-year production guarantee so you can feel secure in your investment. With homeowners, the system pays for itself within five to ten years, so there’s no reason to wait!
Ready To Get Started?
Getting started with solar doesn't have to be difficult. At New Earth we are committed to clean energy for the entire Earth. To get there we understand that financing the purchase of panels and installation can be overwhelming. We will help connect you to proper financing options if you need and walk you through the entire process and what to expect along the way. Schedule your FREE consultation today to get started!
New Earth Solar
Helps You Take Control
Remember that even though we account for seasonality and for future changes in production, your solar energy savings will vary based on factors we can't control, including actual future utility rates, charges, fee structures, and your future electricity usage.
But, unlike your utility, we do help you gain more control over your future energy costs and solar savings by providing you with a predictable price for solar energy.
Control Your Future Energy Costs
With a financed New Earth Energy System, you get a fixed monthly payment based on your historical electric usage and financing options available.
With a purchased system, you also continue to own the system, and the energy it produces, when those 25 years are over.
* More detail about the average residential electricity price per kWh nationwide, and for most utilities in New Earth Solar service areas, over the last 10 years can be found at http://www.eia.gov/electricity/data.cfm#sales (2015). Future utility rate increases and volatility are not guaranteed by New Earth Solar. Actual future utility rates, and fee structures are subject to change by your utility and other entities that New Earth Solar does not control.
** Your monthly payments, and therefore your annual solar payments, may be higher if you choose to pay by check or by phone. Please review your solar agreement for more information.
*** New Earth Solar is not a lender. All loan terms are estimates. Please refer to your Truth in Lending Disclosure and loan documents for final payment terms.