Should I Buy or Lease Solar?

Solar is a Big Decision, so let’s make the right choice when it comes to financing your panels. 

BUY

Pros:

  1. Unlock Local, State, and Federal Tax Credits
  2. Increase the  Value of Your Home by 5-8%
  3. Get Paid For Excess Power through State Net-Metering Programs

Cons:

  1. Large Upfront Cost or Long-term Loan
  2. If Panels aren’t Covered by Warranties, Have to Pay Out of Pocket for any Maintenance Costs.

LEASE

Pros:

  1. Get Panels Installed on House for No Cost
  2. Majority of Homeowners Qualify For Leased Panels
  3. Company Maintains and Insures Panels for their 25-Year Lifespan

Cons:

  1. Aren’t eligible for any tax credits
  2. Homeowner only gets a small portion of the savings that come from going solar
  3. Built in escalator means that monthly bills will go up by 2.99% a year
  4. Makes it more difficult to sell the home

PPA

Pros:

  1. Get Panels Installed on House for No Cost
  2. Majority of Homeowners Qualify For PPA Panels
  3. Company Maintains and Insures Panels for their 25-Year Lifespan

Cons:

  1. Aren’t eligible for any tax credits
  2. Homeowner only gets a small portion of the savings that come from going solar
  3. Built in escalator means that monthly bills will go up by 2.99% a year
  4. Makes it more difficult to sell the home

GET A CUSTOM QUOTE

BUYING SOLAR IS ALWAYS YOUR BEST BET!

Free Solar might be tempting, but Lease and PPA deals never help customers save long term. In fact, most homeowners who choose these “free” solar deals will end up paying more for electricity in the long run because of fixed escalation fees. Thus, buying or owning your own solar panels is the best way to save with solar for 3 reasons:

 

  • You own your power
  • You benefit from all local, state, and federal incentives
  • You can get paid for excess power with Net-Metering
BLUEPOWER PLUS

SAVE BIG WITH BLUEPOWER+

Well, if over 3,000 five star reviews isn’t enough to convince you to buy solar, let’s dive into our latest and greatest promotion. With the BluePower+, homeowners can avoid a massive upfront cost and start saving from day one of their solar journey. The secret to the promotion is that we cover our customer’s first 18 months of solar loan payments. Yes, you read that right. Each month will send our BluePower+ customers a check worth the cost of their solar loan payment. With no energy bill and no solar loan bill for the first year and a half of their solar journey, our customers can save thousands of dollars in their first 18 months with solar. After the 18 months are up, we make sure that the loan payments are lower than your original monthly power bill so that you still save money every single month!

SmartStart

SAVE EVEN BIGGER WITH SMARTSTART

SmartStart is a program that extends the 18 month BluePower+ deal to be a total of 5 years. Get the lowest monthly solar payment on the market, and the most flexible plan too. We’re all about transparency and taking care of our customers. Providing this plan allows you to start your solar journey stress-free. You can pay down your loan at any time and your rates won’t go up. Once you go solar with Blue Raven and choose SmartStart financing, your monthly payment and utility bill all together will be LESS than your original utility bill. It actually costs less to go solar than to not go solar. So start saving today, click below to contact a rep and learn more.

OUR CUSTOMERS LOVE OWNING THEIR PANELS

With over 3,550 5 Star reviews across platforms like Google, solarreviews.com, and BBB, Blue Raven Solar has quickly become one of the highest ranked solar companies across the nation! Let’s see what our customers say about their solar systems:

“Blue Raven has been amazing to work with for the entire process. Their customer service is hands down five stars. Also, I had two solar companies approach me during this time and none of them offered to pay the first 18 months of our energy costs. The entire experience has been amazing! The panels look great. My energy bills are so low. I am producing so much energy! My loan payment took the place of my electric bill.”

 

TREVOR M.