SOLAR INSTALLATION COMPANY IN
VIRGINIA BEACH

There are really only two options for residential homeowners who want to put solar panels on their roof: leasing or ownership deals.

Leasing deals, which are also known as power purchase agreements (PPAs), allow homeowners to install solar panels without putting down a penny. With no upfront costs and no installation fees, you might be thinking: what’s the catch? Like leasing a car or renting a home your monthly payments won’t actually go towards owning or paying off the panels. This means the solar company who installs the panels will be the official owner and use the homeowner’s monthly payments to pay off the panels. In most cases, these monthly payments will be less than the homeowner’s original electricity bill, so the homeowner should be saving around $10-$30 a month by choosing a leasing deal. All in all, leasing deals could technically be considered free, but they won’t save homeowners substantial money over the system’s lifetime.

When a homeowner leases solar panels, they don’t actually own the panels nor the power that they create. The solar company holds the rights to the panels and sells back the energy they create to the homeowner at a fixed rate (almost always including price escalators throughout the PPA contract). Most solar companies project savings rates for leased systems without accounting for expected increases in their rates. This means their projections are inaccurate, and like monopolized utility companies, their rates will likely increase by more than 1% every year.

The other option for homeowners considering solar is solar ownership. Within these deals, homeowners have the option to pay for their systems out of pocket or take out a loan to slowly cover the cost of the panels. While most companies offer ownership deals for $0 down and no installation fees, some homeowners are turned off by the concept of paying tens of thousands of dollars for a product that will save them a few thousand dollars a year. In the short term, owning solar may seem like a lopsided deal, but in the long run the numbers always prove that owning solar is a more economic option for homeowners.

At Blue Raven Solar, we only provide ownership deals, which means we don’t compete with our customers to monetize tax credits and then sell large bundles of PPA contracts to institutional investors.

Blue Raven Solar customers get the most value out of their solar panels. Our team of highly experienced solar specialists help our customers understand how our financing programs work and help them take advantage of any local, state, or national solar incentives. What sets us even further apart from the competition is our BluePower Plus+ financing program. If a customer is unable to pay the entire cost of the solar panels from the get-go, we have set up a financing program where we cover our customer’s first 18 months of loan payments.

Homeowners will save thousands in their first year and a half of owning their solar panels, which will help them pay for a large portion of their system. By combining the 18 months of solar loan payments with the huge savings opportunity from the 30% Federal Income Tax Credit (ITC) and other local incentives, Blue Raven Solar customers can shave thousands of dollars off of the overall cost of their system paid without having to put a dollar of their own money down.

To read the full blog about solar ownership versus leasing and to learn more about the best option for your home, click here.

How solar energy works is a combination of technology, economics, and customer service. But it begins with the sun beaming enough energy to earth each hour to power global civilization for a year. With the right equipment, you can harness your share of it and power your life on sunlight. Blue Raven Solar combines all those into a hassle-free experience to make going solar almost as easy as flipping a switch.

Photovoltaics, power inverters, net metering, and photons from the sun create a clean, renewable power source for homeowners. Switching to solar shrinks utility bills and your carbon emissions while boosting the value of your home.

Falling equipment prices, lucrative tax incentives, and attractive financing make solar energy more accessible to average homeowners than ever. In today’s energy market, rooftop solar often pays back its initial price in just a few years.

Going solar happens in steps: consultation, design, permitting, installation, inspection, and energization. Each step involves its own process. When you go solar with Blue Raven Solar, our team works hard to keep the whole experience trouble-free.

At Blue Raven Solar this is the heart of what we believe: our nation’s current power generation is not sustainable. As a nation, we still get over 60% of our electricity from the burning of fossil fuels.

Regardless if one believes in global warming or not, we can all agree the toxic pollution these carbon-based energy sources spew into the atmosphere is not a good thing. The simple test is this: would you like your family to live next to a coal-fired power plant?

Standard electricity is produced from fuels like coal, oil, and natural gas. When burned, these fuels emit chemical gases causing pollution and harm to our environment. Fossil fuels are not only destructive to the environment, but they are also a limited resource. Solar electricity is by far one of the cleanest forms of energy.

Virginia homeowners are jumping at the chance to become a part of the renewable energy movement. We’re excited to help you throughout your solar journey and hope to help you make a positive impact on the environment while saving you thousands on your electricity bill! As America’s #1 solar installer, we continue to grow throughout Virginia, so please get in touch to find out how we can serve you.

We provide solar panels to many areas within and surrounding Virginia Beach, including Chesapeake, Norfolk, Hampton, and more.

It’s time to take control of your electricity costs with Blue Raven Solar. Give us a call or request a free custom quote. It only takes a couple of minutes to find out how much you could be saving with one of the top companies in the solar industry.