Solar SME, Inc.
Savings with Solar Power
Explore how much you can save with your
solar investment!
How can Solar Panels Save me Money?
Wish to cut high energy costs and help the environment at the same time? Solar SME has the perfect solution for you! Installing a solar panel system can lower your bills as well as carbon emissions. Savings with solar are long-term, and will only grow further once you have recouped the initial investment in the system. What’s more, you can maximize your savings by taking advantage of solar tax credits and rebates. If you choose to sell your house in the future, solar panels may increase its worth. Let’s take a look at the cost-saving benefits of solar panels!
How can you Lower your Monthly Electricity Bills with Solar?
How you can Minimize Solar Installation Cost with Solar Incentives & Rebates?
You can benefit from solar rebates and incentives to reduce the initial cost of solar systems. When you buy solar panels for your home, you may qualify for a local rebate like “cash-back” or direct discount. Additionally, many states offer local solar incentives including:
- Net Metering
- State Local Rebates
- Performance Based Incentives (SRECs)
- Utility Incentives
Check out Solar Incentives details by State to find out how much you can save in your area!
What is the Average Cost of a Solar System Installation?
After 30% solar tax incentives, the typical cost of a solar panel system varies depending on how many solar panels you need. Adding solar to your home; though, boosts the value of your home. According to studies, installing a one-kilowatt system can increase the resale value of your house by up to 5%. Moreover, if your home is Pearl Certified, it will add more value to your property.
Curious about PV system expenses? Visit our Solar Panel Cost Guide for detailed insights and get a personalized estimate!
Understanding the Solar Payback Period
The solar payback period is the time it takes for the savings on your electricity bills to cover the solar system cost. Once installation costs are covered, you will start enjoying solar savings for the lifespan of your system.
Learn how to calculate the payback period in our Solar Payback Period Guide.
Connecting to the Grid – Why It's Important?
Solar panels may not work with maximum efficiency on cloudy days or at night. On the other hand, if you do not have solar batteries, you can use grid power during such circumstances. Even if you have a backup battery installed and you are connected to the grid too, you can send excess power through “net metering”. In return, you can earn energy credit for sending power to the grid.
Explore How an Off-Grid Solar System Works!
Solar Financing - How to Take Advantage?
Not enough cash in hand to buy solar? Dont worry! there are several solar financing options available like solar leasing, solar loans & PPA to make it affordable for you. Moreover, SolarSME offers flexible financing options to meet your budget like 0% APR. Also, state, and federal tax credits, and incentives increase potential savings.
Want to learn more about financing your solar system? Consult with our energy expert to learn about the Best Solar Financing Options for you!
