It is common knowledge that solar power is good; it’s good for the environment, good for producing clean energy and good for lowering your monthly energy bill. Not to mention, solar uses a renewable energy source that is readily available and will be around for the foreseeable future.
So, we’ve established that solar power is good. The majority of the public overwhelmingly agrees –79 percent of people in the United States believe we should place more emphasis on producing domestic energy from solar power. Even though people do believe in using solar energy, there still is some hesitation from homeowners to install a solar system in their home.
The number one reason holding people back from going solar is financial—the perception is that it costs too much. We’re happy to say this isn’t the case. It is possible to install a complete residential solar system and begin enjoying the benefits for no money out of pocket!
The Solar Myth Debunked
Where was the myth of solar costing a lot born? The truth is that solar power did cost a pretty penny in the past.
People have been harnessing the power of the sun for centuries, but the basic technology used to deliver solar power to homes today has been around for more than half a century. Solar technology as we know it today was developed in the 1950s. Some experts say the solar technology we have now can bring us into a sustainable future.
However, commercial solar was the primary use and residential options didn’t become available for homeowners for quite some time. When residential solar systems became more accessible to homeowners, the story that went along with them was ‘Solar power costs a lot and it’s only for people who have an extra $20,000 to $30,000 sitting around.’ No longer.
We’re here to debunk the myth, once and for all, because today’s reality couldn’t be further from the truth. Thousands of homeowners in the U.S. already have solar installed and they didn’t pay a cent to buy or install any of it.
How does this work? How could OneRoof Energy deliver a solar system to you at little-to-no cost, when the panels, system and installers cost money?
How You Can Get an Entire Solar System with Nothing Up Front
The way ORE is able to bring you a solar system without the up-front price tag is through our unique solar financing options. People cringe when they hear the word financing. In this case, it doesn’t mean a loan, owing money or having to pay it back. While loans are an option ORE offers, it’s not the only way to go solar.
Many people have a company like OneRoof Energy design and install a system for them by taking advantage of a Power Purchase Agreement (PPA) and they pay less than what they were previously charged by the utility company.
Included in the monthly price you pay under your PPA is everything from the panels and the cost of installation, to the cost of your energy generation. While this sounds like a huge expense, think of the costs utility companies face in delivering energy to you from hundreds of miles away. That is how solar is able to deliver the savings from the prices you pay to the utility company and cover the costs of the equipment and installation.
Where there’s a Will There’s a Solar Way
When the amazing potential for residential solar power was realized, companies immediately began looking for ways to install a residential solar system cost effectively. As they say, ‘where there’s a will, there’s a way.’
Fortunately, those passionate about solar knew there was a way to make affordable solar possible. Companies like OneRoof Energy are able to cover the hardware and installation costs in the beginning by wisely investing in the dividends that a residential solar system will pay over the life of its production.
Those investing are paid back little by little over time as homeowners pay for the solar energy their system produces. The result? The homeowner is able to save money immediately on an electric bill, while ORE is able to facilitate the delivery of clean power produced on that rooftop.
With this low-cost process, homeowners don’t have to pay a cent out of pocket for solar system—it pays for itself once it’s on the roof. Pretty affordable, right?
While this all might sound too good to be true, it is one process that has been helping homeowners go solar and save money for years now!
