Going solar can help you save money by lowering your energy bills. However, the initial installation costs can be high and might delay your migration to solar energy. But did you know there are various ways of lowering the installation costs? Continue reading to learn how to go solar for cheap in Henderson, NV and considerations to make when searching for an affordable installer.
4 Ways To Go Solar for Cheap in Henderson, NV
1. Pursue a Solar Power Purchase Agreement (PPA)
A solar power purchase agreement (PPA) is an excellent way of bypassing the initial installation costs. In a PPA, you buy power from a solar energy company rather than the grid. The solar energy company installs and maintains the system on your property. Like connecting to the grid, you only pay for your energy consumption when you go solar through a PPA. This plan allows you to access cheaper solar power without paying for the system and its upkeep.
2. Consider Leasing Your Solar Panels
Leasing is another brilliant way of saving on the initial installation costs. In a leasing plan, a third party owns the solar system but allows you to use the energy they produce for a fee. Unlike PPAs, which fluctuate depending on your energy usage, a lease has a fixed fee each month.
3. Make a Larger Down Payment for Lower Loan Payments
A solar loan allows you a flexible option of owning a solar system. Solar loans spread the cost of owning the system over a set period. The loan arrangement includes a down payment and monthly installments. Since the installments can make your monthly energy expenses appear high, opt for a larger down payment and lower installments when possible.
4. Get a Smaller Solar System
The initial installation costs vary with the system size. Larger solar systems cost more than smaller ones. You can reduce your initial costs by getting a small solar system that meets your power demands.
Considerations To Make When Looking for Affordable Solar Options
While affordability is a chief consideration when going solar, don’t overlook other factors. Here are some factors to keep in mind when looking for affordable solar options.
Don’t Compromise Quality
Low-quality products are often cheaper in most markets. While you can save on the initial installation cost, a low-quality solar system may not last as long and lead to costly repairs and replacements. In addition, very cheap options may have safety issues.
Focus on the Long-Term Benefit
While going solar may appear expensive, you save a lot in the long run. Moreover, installation incentives optimize your return on investment (ROI).
Beware of Solar Scams
Solar has gained popularity in Henderson, with most homeowners going solar to cut their energy bills. The increasing popularity has made it easier for scammers to con unsuspecting customers. Always run a background check on the solar company and know your contract rights to avoid falling prey to scammers.
Go Solar for Cheap in Henderson With Solar Optimum
Are you looking for how to go solar for cheap in Henderson? Solar Optimum provides a range of plans that can lower the initial installation costs, giving you a cheaper way of going solar. Contact us to learn more about solar financing options or download Solar Optimum’s Ultimate Guide to Going Solar.
