Purchasing a solar panel system directly will offer you the highest return on your investment. With this option, you receive all Federal and State incentives, without any fees or interest payments that accompany loans. If you buy a solar panel system, 85% of your investment is eligible for accelerated depreciation, 50%+ is recovered through incentives in first year and 10%+ annualized return on investment (ROI). With those savings, who wouldn't invest?! Contact us today and receive your free evaluation and solar system estimate.Get started today!
If you choose a solar lease facilitated by Boston Solar, the solar lease provider owns the solar panel system, receives all of the federal tax credits and accelerated appreciation, and you have a monthly lease payment. At the 7th year, there is a potential buy out of the system at 15% or fair market value. With a solar lease, you will still receive benefits of a lower utility bill, but will not own the system, unless you decide to purchase it at the 7th year.Get started today!
A power purchase agreement (PPA) is a contract between the solar system owner and the business owner, which consumes the electricity. A PPA allows a business owner to host a solar power system on their building, carport or site with absolutely no upfront costs. In exchange, the business owner agrees to purchase the electricity from the system owner at a pre-determined rate over a 10 to 20 year term. The business owner puts $0 down, but the PPA provider owns the system, is responsible for the warranty and workmanship and also receives all of the federal and state incentives.Get started today!
A solar site lease is a lease agreement between a property owner and third party investor (i.e., solar installer, developer or financier). Solar panels are installed on the owner’s property (building or land) by the investor and an annual negotiated rate is paid to the property owner. The property owner doesn’t pay anything for the solar array/installation nor does he use the power being produced on his property. The investor chooses an off-taker, or multiple, to consume the energy produced.
To get around the hurdle of upfront costs, we offer 100% financing programs. This allows you to own your solar array, take advantage of all the tax credits, and make a profit in the first year. Through a fixed monthly investment, you pay nothing out of pocket and still have greater system generated savings than your low monthly utility payments.Get started today!
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