The most important reason for getting a solar loan to finance your solar power system is the collateral. The solar panel system is the only collateral attached to the solar loan. Nothing else!
So, you can get a quick, hassle-free solar loan to finance your solar panel system and enjoy nearly three decades’ worth of savings on utility bills without risking any of your other property. No liens on your house; no refinancing your home mortgage. You get a clean loan that’s tied to your solar power system only. That’s perhaps the biggest reason for taking the solar loan.
But, if you need more reasons, here you go:
Competitive Interest
By financing your solar power system with a loan, you can use ‘your money’ to grow your wealth by investing it in high-return assets. Thanks to government incentives and competition, you can get solar loans at incredibly competitive rates. So, whatever interest you pay on the loan may become insignificant when compared to the returns you get on your investments.
Savings from Day 1
A solar loan is a happy medium between complete ownership and a solar lease. You get the government incentives and solar benefits without making any upfront investment, whatsoever. In fact, you can get a $0 down payment solar loan to finance your solar power system and start accruing the savings right away.
The average household’s electricity bill in New Jersey is approximately $109, which adds up to $1308 annually. Over 25 years, you can save as much as $32,700. And that’s just savings from the electricity bill. When you add net metering, federal tax credit, and NJ’s TREC program, your total savings will easily cross $50k.
You can realize all these savings starting today with a solar loan today.
Icing On the Cake: 0% Interest, $0 Payment
Green Power Energy is offering New Jersey residents a once-in-a-lifetime opportunity to go solar without paying for their solar power system for 18 months.
Get your solar power system installed with Green Power Energy and enjoy interest-free and payment-free solar power for 12-18 months. At the end of the deferment period, you can decide to pay for the system in full or make payments with your solar loan.
It simply doesn’t get any better than this!
What do you think?
