Another choice that solar shoppers have to face is how to pay for a solar panel system.
Ct solar panel lease.
At that time the homeowner has to make lease or mortgage payments to the solar panel company that records a document such as a ucc 1 financing statement.
Two and three panel system leases are available and save 10 15 of the average connecticut home energy bill each year.
Officially known as the residential solar investment program and administered by the connecticut green bank this rebate is worth 0 463 per watt of solar installed up to 10kw.
The main practical distinction between buying and leasing a solar pv system is in ownership.
More than 19 000 connecticut households currently using solar power.
The ct solar lease for shw uses state of the art technology by aet solar is installed by professionally trained contractors and is backed by a 15 year comprehensive insurance and warranty management program by assurant.
Lease new connecticut solar panels for as little as 0 down with our brightsave monthly plan and get the same dependable solar power as full ownership while enjoying low predictable monthly solar bills for 25 years.
Energy conservation loan program.
Purchase a solar system for your home.
Solar panels in connecticut cost between 12 240 to 16 560 on average 3 and at least 150 per year to maintain.
That is a homeowner who invests in a 5kw system would receive 2 315 right off the bat.
For connecticut the average solar payback period is 8 46 years.
If you lease the system or sign a power purchase agreement ppa a third party owns the solar panel system.
Buying solar panels requires an investment and more decision making than leasing but over the long term the benefits of owning your system are hard to beat.
Residential solar incentives connecticut green bank offers two incentive models to help you go solar.
How easy is that.
Fortunately there are many financing options available for property owners looking to invest in solar energy.
4 that s why sunrun pioneered residential solar financing to give households the chance to go solar without the high system cost.
If you buy a solar panel system you own the system either outright if purchasing with cash or after repaying your solar loan.
