Interest Free Solar Panels
Terms conditions apply and are available on application.
Interest free solar panels. A monthly account service fee of 6 00 when balance owing will apply. It s the best and only kind of interest free solar power. Your solar system will be producing free energy and saving you money from the day it s turned on. But the catch is that they require you to enter into a solar lease or power purchasing agreement ppa.
An easy no fuss application process approved in minutes on selected systems. These offers entice people with a no cost way to go solar. We offer incentives and financing options to lower the cost of purchasing and installing solar at home. But wait that s not all not only can you get solar panels installed for free you also get dramatically reduced monthly electricity bills with fixed rates for as long as 25 years.
Take the first steps to see if you qualify below. The typical payback period for rooftop solar in the united states is 4 8 years depending on the size of your system and the kind of solar panels and other equipment you selected. 3 50 monthly revolving credit account fees even after you have paid off the loan until you close the account 2 95 fortnightly payment processing fees. Your power bill savings could be far greater than the small added amount to your mortgage payment.
Adding a solar panel system to your home loan another low interest alternative is to add the cost of a solar panel system system to a home loan. Any balance outstanding at the expiry of the interest free period will be charged interest at the contractual rate currently 19 9 p a. This is because your mortgage can often offer the lowest interest rate available. The loan is completely interest free and is repayable across five years if you borrow less than 5 000 or 10 years if you borrow the full 5 000.
You can actually get solar panels installed on your home at absolutely no charge to you. There are three different packages available and eligibility criteria apply. Interest free solar charges directly to the customer on top of the charges the solar retailer passes on to the customer the end customer also pays. A one off establishment fee of 99 applies.
Ny sun makes going solar easier and more affordable for new york residents. Yes there are legitimate installers that will put free solar panels for your home. The maximum amount of money available for a solar panel installation loan is 5 000 which is over 75 of the typical cost of a 3 4kwp solar pv system. Grants and interest free loans for solar grants of 3000 and interest free loans of up to 10 000 are available for solar systems and battery storage systems.
But wait that s not all the free solar panels installed on your home are warrantied monitored and maintained by your solar service provider again at no charge to you for as long as 25 years.