News
Entertainment
What's the largest problem most people encounter when looking at getting a solar system for their home?
Without question, it is that there is an investment quality to buying solar, namely, you need to put a portion of cash down and then wait for the system to pay for itself.
Does that mean that if you'd rather hold onto your cash or if you don't have the money available to spend on a system that you can't get one? Not anymore.
Solar leases are the new wave in solar installations, making solar accessible to the general population. A solar lease requires no money down and no hidden costs later. It is the easiest way to start seeing the immediate benefits of solar. So what's required?
First, you need to own, rather than rent, your home and it must be a residential Xcel electric meter on the building. Second, your credit score has to comply with the requirements of the lease program. Finally, you need to be able to have a sunny spot at your residence to put the solar system, something that isn't too difficult to achieve here in western Colorado.
The lease program is set up like this. High Noon Solar and SunPower Corp. have paired up to bring Colorado residents the choice for solar without the large upfront investment cost. High Noon Solar installs the solar system and SunPower owns it for 20 years. During these 20 years, you pay a significantly reduced monthly cost on the electricity generated from the solar panels on your roof, resulting in annual savings around 50- 80% on your electric bill. If you move, the new owners can have the lease transferred to them or they can choose to remove the system at no cost to them. At the end of the 20-year lease, you have the same options; you can renew the lease, buy the system at fair market value, or have SunPower remove the system from the roof at no cost to you.
Using SunPower as a solar lease provider gives you the added benefit of having the world's most efficient solar panels installed on your roof, an important fact when the system is generating power for 20 years. SunPower is a U.S.-based company that has been developing world record-breaking solar technology since the 1970s.
The process for signing up to begin seeing the benefits of a solar lease for your home begins with just a few simple steps. High Noon Solar walks you through the process to make an already simple install even easier. You begin by calling High Noon Solar to ask for a solar lease savings quote. We will then call Xcel Energy to find out what your current electricity usage is.
If you are a Grand Valley Power customer, we cannot, unfortunately, do a lease program for you at this time.
We, then, take a look at your location to see where the solar panels and equipment can be installed. High Noon Solar will run a credit check to ensure you qualify, then create a savings example for installing a solar lease at your location. Usually the savings for going with the solar lease versus doing nothing comes in at around 50-80% savings per year for customers on Xcel Energy.
The end result is this: You can do nothing and continue to pay high electric costs, costs that continually go up as the utility company's cost for generating power goes up. Or you can do next to nothing and lease a solar system, seeing immediate savings, using power from a clean renewable source right at your home, and locking in your electric rate for 20 years.
We do saving examples on solar leases for free. There is never any pressure because we know the choice is such a simple one to make. Give us a call today to explore how you can start saving with solar immediately, without any additional costs down the road.
Without question, it is that there is an investment quality to buying solar, namely, you need to put a portion of cash down and then wait for the system to pay for itself.
Does that mean that if you'd rather hold onto your cash or if you don't have the money available to spend on a system that you can't get one? Not anymore.
Solar leases are the new wave in solar installations, making solar accessible to the general population. A solar lease requires no money down and no hidden costs later. It is the easiest way to start seeing the immediate benefits of solar. So what's required?
First, you need to own, rather than rent, your home and it must be a residential Xcel electric meter on the building. Second, your credit score has to comply with the requirements of the lease program. Finally, you need to be able to have a sunny spot at your residence to put the solar system, something that isn't too difficult to achieve here in western Colorado.
The lease program is set up like this. High Noon Solar and SunPower Corp. have paired up to bring Colorado residents the choice for solar without the large upfront investment cost. High Noon Solar installs the solar system and SunPower owns it for 20 years. During these 20 years, you pay a significantly reduced monthly cost on the electricity generated from the solar panels on your roof, resulting in annual savings around 50- 80% on your electric bill. If you move, the new owners can have the lease transferred to them or they can choose to remove the system at no cost to them. At the end of the 20-year lease, you have the same options; you can renew the lease, buy the system at fair market value, or have SunPower remove the system from the roof at no cost to you.
Using SunPower as a solar lease provider gives you the added benefit of having the world's most efficient solar panels installed on your roof, an important fact when the system is generating power for 20 years. SunPower is a U.S.-based company that has been developing world record-breaking solar technology since the 1970s.
The process for signing up to begin seeing the benefits of a solar lease for your home begins with just a few simple steps. High Noon Solar walks you through the process to make an already simple install even easier. You begin by calling High Noon Solar to ask for a solar lease savings quote. We will then call Xcel Energy to find out what your current electricity usage is.
If you are a Grand Valley Power customer, we cannot, unfortunately, do a lease program for you at this time.
We, then, take a look at your location to see where the solar panels and equipment can be installed. High Noon Solar will run a credit check to ensure you qualify, then create a savings example for installing a solar lease at your location. Usually the savings for going with the solar lease versus doing nothing comes in at around 50-80% savings per year for customers on Xcel Energy.
The end result is this: You can do nothing and continue to pay high electric costs, costs that continually go up as the utility company's cost for generating power goes up. Or you can do next to nothing and lease a solar system, seeing immediate savings, using power from a clean renewable source right at your home, and locking in your electric rate for 20 years.
We do saving examples on solar leases for free. There is never any pressure because we know the choice is such a simple one to make. Give us a call today to explore how you can start saving with solar immediately, without any additional costs down the road.
