1
 
 
Energy Independence †
Tesla

Our Rating 5.0 out of 5.0 stars

No upfront costs or interest

List item 25-year production guarantee
List item Boosts property value significantly
List item Integrated solar energy solutions
List item Professional installation and service
Apply Now
2
 
 
Clean Energy †
Elevation

Our Rating 5.0 out of 5.0 stars

Reduce carbon footprint, save money

List item Advanced home energy monitoring tools
List item Award-winning, trusted sustainability company
List item Comprehensive energy efficiency upgrades
List item Lower energy bills with tailored solutions
 
Apply Now
3
 
 
Eco-Friendly Power †
SunPower Logo

Our Rating 5.0 out of 5.0 stars

High-efficiency panels for maximum savings

List item Top-rated solar company since 1985
List item Custom solar systems for every home
List item 25-year industry-leading panel warranty
List item $0 down financing options available
 
Apply Now
4
 
 
Green Energy †
Palmetto

Our Rating 5.0 out of 5.0 stars

$0 down financing available

List item Custom solar designs for every home
List item Lifetime support and maintenance included
List item Advanced energy monitoring tools
List item Top-rated customer service experience
Apply Now

Solar FAQS

There can never be too many questions

Editorial Disclosure: Our aim is to equip you with the tools and confidence to enhance your financial well-being. While we do receive compensation from our partner lenders, whom we always identify, all opinions expressed are solely our own.

How does solar energy work for my home?

Solar energy works for your home by capturing sunlight with solar panels that consist of photovoltaic (PV) cells. These PV cells absorb sunlight and convert it into direct current (DC) electricity. This DC electricity is then passed through an inverter, which converts it into alternating current (AC) electricity, the type of power your home uses. Solar panels typically work in conjunction with a battery system, allowing excess energy to be stored for later use, or they can feed surplus electricity back into the grid for credit. Over time, this system helps reduce energy bills and reliance on fossil fuels, contributing to a greener, more sustainable future. Solar energy is a reliable and increasingly affordable source of clean power.

What is the cost of installing solar panels?

The cost of installing solar panels depends on several factors, including the size of the system, the type of panels you choose, and your location. On average, a solar panel system can cost between $10,000 and $30,000 before tax incentives or rebates. Larger homes or more energy-intensive needs will require larger systems, which can drive up costs. Many homeowners also benefit from federal or state incentives, which can reduce the upfront cost by 20-30%. Financing options such as loans, leases, or power purchase agreements (PPAs) are available, helping to reduce initial costs. Additionally, over time, savings on energy bills can make solar panels a cost-effective long-term investment. For a more precise estimate, it’s best to get a customized quote based on your home’s energy needs.

How much can I save with solar energy?
Here are some key points about savings with solar energy:
  • Lower electricity bills: Reduce or eliminate monthly energy costs.
  • Long-term savings: Average savings of $10,000–$30,000 over 20–25 years.
  • Increased home value: Solar systems can boost your property value.
  • Incentives and rebates: Tax credits and local rebates lower upfront costs.
  • Environmentally friendly: Reduce your carbon footprint while saving.

For a precise savings estimate, consider a custom solar evaluatio

What financing options are available for solar?

Here are several financing options available for solar systems:

  • Solar Loans: These allow you to finance the cost of your solar installation with fixed monthly payments. There are both secured and unsecured loan options, with varying interest rates.
  • Leases: You can lease a solar system for a set monthly fee, typically without any upfront cost. However, you won’t own the system.
  • Power Purchase Agreements (PPAs): With a PPA, you pay for the electricity your solar system generates at a fixed rate, usually lower than your current utility rates.
  • Cash Purchase: If you have the upfront capital, buying your system outright gives you the highest savings and ownership benefits.

Each option has different advantages, so it’s important to evaluate your financial situation and goals to determine the best fit.

What maintenance do solar panels require?

Solar panels require minimal maintenance, making them a convenient option for homeowners. Typically, they only need to be cleaned occasionally to remove dust, debris, or bird droppings, especially in regions with heavy rainfall or dust. In addition, it’s a good idea to inspect the system periodically to ensure the inverter is working correctly, check for any damage, and ensure that the panels are free from shading or obstruction. Solar panels are designed for durability and can last 25 years or more with minimal maintenance.

How long do solar panels last?
Solar panels typically last 25 to 30 years, with many still operating efficiently beyond that time frame. Over the years, their efficiency gradually decreases by about 0.5% annually. Most manufacturers offer warranties for 20 to 25 years, guaranteeing a minimum level of performance. After this period, the panels may still generate electricity, but at a reduced efficiency. Regular maintenance and monitoring can help maximize their lifespan and efficiency.

Your Finance Helper

Financial Disclaimer:

The Content on this website is for informational purposes only. You should not construe any such information as legal, tax, investment, financial, or other advice. Such content does not constitute nor is it a substitution for professional and/or financial advice. You assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content on the website. We recommend that you consult the appropriate professional before making any decisions based on such content. Nothing contained on the website constitutes a solicitation, recommendation, endorsement, or offer by us or any third-party service provider to buy or sell any securities or other financial instruments in any jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.

Marketing Disclaimer:

Links to offers on our website are from third-party advertisers who compensate us. This compensation may impact how and where such links appear on our website and which products we promote on our website, including the order in which they appear. There is no charge to you for our services. We do not represent all services or products available on the market. Editorial opinions expressed on the website are strictly our own, and are not provided, endorsed, or approved by advertisers. We are not affiliated with any third-party advertiser other than as stated above. We do not recommend or endorse any product or service. If click on a link, you will be directed to a third-party advertiser’s website. Be sure to review their terms and privacy policy as they may differ significantly from ours.