Owning Solar Panels:
- You ensure your system has the best solar panels available.
- Receive lucrative state and federal tax credits.
- Receive NYSERDA solar grants which lower the cost of your solar panels.
Solar Panel Lease Or PPA:
- You are required to purchase the power generated by the solar panels, even if you move or take a vacation.
- If roof repairs are required, you’re obliged to pay the energy company to remove and reinstall the solar panels, as well as any power your panels would have created.
- In addition, the amount you are charged escalates, with an average annual increase of 3-5% APR per year.
- Home appliances and lighting are becoming more energy efficient! It’s likely that years from now you will need to purchase power from your panels that you won’t need.
The best way to save money on electricity costs is to buy your solar panels. Buying them allows you to receive financial incentives and a property tax increase exemption for 15 years. Plus, with Kasselman Solar, our 25-year warranty covers solar panels and inverters, which are the costly components of a solar system. Loans are available for as low as a 3.49% APR, allowing you to save money from day one.
Don’t let a third-party company own your roof for 20+ years when you can own your solar panels and reap all of the financial benefits!
