Do you know you can start saving thousands of dollars in electric bills with solar panels without putting a cent down?
Few Americans seem to know about it.
Yet it’s a complete game changer for middle-class American families who haven’t been able to afford the leap into clean energy, smart houses, and solar panels.
Through no fault of their own.
Solar energy has been a rich-families game in the U.S. due to steep up-front costs (around $32,000) to install solar arrays on homes.
So why does it seem like so few people know about the PPA model and how it can help them get solar panels and instantly start saving on their power bills?
It’s worthy to note that many times, when tax rebates and incentives are involved, information seems hard to get a hold of. So seems to be the case with no-cost solar panel installation in the U.S.
Even though there are ways to do affordable solar electricity, very few homeowners seem aware of the possibilities for solar panels and just how much they save you over the years.
A new program, the Alternative Energy Solar Project, is mixing the game up and making it possible for middle-class families to access solar power for themselves through no-cost solar panel installation.
This project is looking to hook up middle-class families with solar energy, which will save them an estimated $1,000 in electrical bills a year.
That’s a lot of money to divvy up into other important bills, vacations, or education.
The Alternative Energy Solar Project uses incentives and tax rebates to lower the costs of installation to $0. Essentially this program has been made project manager of the Middle-Class Affordable Solar Homes (M-CASH) project; which is also known as the nation’s first solar repayment program for middle-class families.
Combining the resources of this program, along with donations from private investors interested in fighting global warming, and government incentives from companies trying to cut-down their carbon footprint, Alternative Energy Solar Project is able to keep costs low and practical for families who really need the energy savings.
Conveniently, as the costs are lowered, the cap-to-trade system continues to lower greenhouse gas emissions from pollution-emitting companies, and the money goes to helping more people get solar panels, which in turn helps the Earth.
It’s a beautiful, efficient, and self-helping circle.
And you pay nothing.
$0 for solar panel installation on your own roof.
Conveniently, solar electricity companies are providing a few different options for the different types of homeowners around the country.
If solar power truly wants to be the future—wants to be cutting edge—it’s a necessity for solar power companies to be versatile and flexible with homeowners.
Currently three main models are available to homeowners: the PPA model, the lease model, and the purchase model.
So if you fall in the category of homeowners who are on a budget and don’t want to pour their savings into solar panels, the PPA model is a perfect fit. The PPA model includes no-cost solar panel installation. It’s absolutely $0 to get those pricey fixtures on your roof. Your solar power company will come out and install them for you, which also saves you on labor. The PPA model helps homeowners save about 20 – 40% on their electric bills with those solar panels, and you’ll save thousands of dollars over the years just by switching to solar electricity. The PPA program is perfect for families who want the benefits of solar panels without having to go into debt for it.
The lease model is great for homeowners who have around $5,000 in savings and/or no second mortgage. Essentially the homeowner leases the solar panels from their solar electric company for around 20 years until you own them. Then you can do as you like with them and your power. Homeowners tend to save around 40-60% on their electric bills with this model. The lease model really is ideal if you have some extra money to invest over time in your solar panels. And then they’re yours to do as you like.
The purchase model is a valuable option for homeowners who have around $10,000 in savings or no second mortgage. Basically it’s the perfect fit for individuals who really just want the solar panels to do with what they like. Maybe you have a need for independence or the money to invest in solar panels. Whatever the motivation, the purchase model has the highest savings rate at around 60-95% in savings on your electric bills. You buy the solar panels outright and outfit your home yourself. The purchase model is ideal for the homeowner that can afford to buy the solar panels outright for their solar electricity needs.
All three models are worthy and efficient, but the PPA model really sticks out as innovative and helpful for typical homeowners. Every homeowner wants the savings that solar panels bring, but few want to put the money into the equipment.
Speaking of equipment, it’s probably important to mention Elon Musk and his new solar shingles. New, of course, being an operative word as solar shingles have been around for a while. Musk’s shingles, however, are important because they are fashioned after four of the most common roofing materials.
This means that homeowners won’t need solar panels on their roofs because the shingles themselves will function as solar panels and look like the roof they desire.
Some homeowners haven’t been fond of how solar panels look on their roofs, solar shingles will be an aesthetically pleasing function as, from street-view, no one would even be able to tell the difference from regular roof materials.
Furthermore, Musk has demonstrated the solar shingle glass is even stronger and more durable than regular roof materials—lasting up to 2-3 times longer and diminishing the need for frequent roof repairs or replacements.
And every solar shingle will have a unique amount of solar efficiency, as some places on roofs aren’t conducive to solar energy, so it would be a waste to have the same type of solar shingle as the rest of the roof.
It’s a rather brilliant balance to help homeowners save money without paying as much and without the strong presence of solar arrays.
Elon Musk is combining his companies, Tesla and Solar City, to streamline the whole futuristic energy experience.
With a solar roof collecting sunlight during the day, and extra energy being stored in the Powerwall battery for home and battery-powered car use, the whole system will be seamlessly intertwined with smart houses and smart cars.
Despite all this groundbreaking technology, few Americans are available to actually afford to invest in these innovations.
And it’s not because they don’t see the importance of it either.
Or that they are opposed to the ideas of solar shingles and aesthetically pleasing integration of tech and saving money.
In fact, many Americans recognize the importance solar electricity will play in the future in regards to clean energy. It’s well understood that greenhouse gas emissions from fossil-fuels are problematic for the health of families and the atmosphere/environment. The U.S. always has a chance of not being able to access fossil-fuels for power because fossil-fuels are finite, limited, and precariously balanced with foreign negotiations and compromise.
Solar energy has the potential to help increase life-spans, increase U.S. independence, and completely eliminate unstable gas prices in trade for stable and consistent sunlight on solar panels.
Americans have always understood what’s been at risk, but with the steep prices, who could really look that far into the future and change it?
And even if Elon Musk’s solar shingles will be cheaper than a regular roof and solar panels combined, many families still can’t afford that.
That’s why the PPA program is so important and relevant.
And that’s why it’s surprising and perhaps even disappointing more homeowners don’t know about this remarkable program.
The PPA model takes away any need to drain money on the equipment, solar panels, in order to save money and make America better.
Unfortunately, like many rebates and incentives, the program for solar panels is first come – first serve, making it more urgent for homeowners to bank in on these savings and programs and get the solar panels before it’s taken up.