Solar power has found widespread adoption in Hutto, Texas. After all, solar power offers many benefits to homeowners and every homeowner has their own set of reasons to migrate to solar power, with money savings among the top reasons. However, initial setup costs for a solar power plant can land upwards of $20,000. Investing a lump sum amount may be difficult for many homeowners in Hutto.
Hutto homeowners understand the long-term savings a solar power system offers and choose smart financing options to enjoy the benefits of going solar. Solar leases are among the most popular financing options for a solar power plant, and here is how you can ensure that you qualify for one.
What is a Solar Lease?
A solar lease is a financing option for homeowners who want to switch to solar power without the hassles and costs of owning a solar power system. In this arrangement, the solar power plant belongs to the solar leasing company, and the homeowner pays a monthly rent to generate power from it.
With solar leases, homeowners do not pay for the solar system, installation, or maintenance over the years. The leasing company pays all these expenses. However, since the homeowner does not own the system, they cannot claim any tax incentives.
How to Prepare Your House for a Solar Power Installation?
When you are planning to apply for a solar lease, there are two critical factors to consider:
- Roof Condition
Before leasing a solar system, any solar installation company will inspect whether your roof is in good condition. The roof has to bear the weight of the entire installation. They will consider factors like the age of the roof, materials used, signs of damage, and ventilation.
You can contact a roofing contractor and get a free estimate for any repairs your roof may need, get it repaired, and then apply for a solar lease to improve your chances of approval.
- Home’s Energy Efficiency
A leasing company may not consider your home’s energy efficiency while approving your solar lease, but you should pay attention to it. Optimize your home to be energy efficient by replacing old appliances with newer models, check your windows and doors for repairs, and so on. When you improve your home’s efficiency, your energy expenses will decrease, and you will improve your net profit from the solar installation.
- Ask an Expert
Green Power Energy can help you get the best solar lease rates in Hutto, Texas. You can call in their experts to understand the improvements you need to make and then enjoy the returns from a solar power installation at your home for decades.