Daily Archives : April 4, 2014

Selling Your Home With a Solar Lease in Palm Desert CA 92261

Problems With Solar Lease in Palm DesertPrior to you sign your name to a solar panel lease on your home in Palm Desert CA 92261 you have to comprehend exactly what you are truly getting into. If you’re in the business of selling solar leases maybe you should attempt Googling this, “benefits of solar lease” Read all of the page one results and see what your client’s are reading if they do even a percentage of homework. You also might try Googling, “selling home with solar lease” and “solar lease vs. purchase”. Read what your consumer’s will read when they do 30 minutes of research online before dedicating to a 20 year contract. Possibly you’ll now understand why you get many cancellations and why if you don’t close the deal on the first consultation you’ve got almost no possibility of closing it later. Why not change your strategy do what’s right for the customer and get on board with a business that offers industry leading value (price + quality + service).

The Solar Lease in Palm Desert CA 92261 or PPA Sales Pitch typically consists of 6 main points. We talked about each below.

1. Go Solar and Pay Nothing! Or no cash out of pocket.

Signing a 20 year contract where you assure to pay X hundred dollars per month is barely paying absolutely nothing. If you accumulate all of those month-to-month payments during the term of the contract you’ll be paying 2 to 3 times what you would have paid acquiring the solar system even if you factor in the interest paid on the solar loan. Lots of zero money down solar loans are offered. If you have the credit score to qualify for the lease you can make use of the bank’s money to fund your solar system with absolutely no money down.

[ssvideo keyword=”Solar Companies” title=”Solar Companies in Palm Desert”]

2. No worries. The leasing/PPA company in Palm Desert CA 92261 is responsible for all repair and maintenance on the system.

The renting business will certainly not clean your photovoltaic panels which has to do with just maintenance used on a solar system. Solar systems are very low maintenance without any moving parts and include very long maker’s warranties and performance assurances. 25 years with a microinverter based system, that’s longer than the leasing companies’ assurance. Many tier 1 solar equipment makers are larger and more financially stable than the solar leasing company by lots of multiples. Those long service warranties are backed up by a 20 year bumper to bumper service warranty from Solar Symphony.

3. Insurance– go solar with a lease and the leasing company guarantees the system.

Purchase a system and the solar system is covered under your house owner’s policy for a simply a couple dollars per month.

4. Tracking– the leasing business monitors your system for the life of the lease/PPA.

When you purchase a system you also get keeping track of for the life of the system, making use of the very same tracking equipment utilized by the renting business.

5. Simply sign an agreement and the leasing business does everything else.

When purchasing a system you likewise simply sign an agreement and the solar professionals does everything else. Difference is the leasing companies contract is 17 pages (small print) and the solar contractor’s agreement is 2 pages.

6. A lease doesn’t hit your personal credit. Doesn’t affect your financial obligation to earnings ratio.

This may be the only real benefit of the lease however it comes at an awefully high price. If this is among your major issues there are financing options for a purchase (PACE and HERO) that likewise don’t strike your personal credit or affect your debt to income ratio. And those programs enable virtually any homeowner to go solar no matter their credit score.

Now for the 6 main drawbacks to a solar lease in Palm Desert CA 92261 or PPA.

1. A lease is a 20 year liability. It is not an asset or an investment in solar. The solar leasing companies are purchasing solar on your roofing system! You’re simply offering them a guaranteed 20 year capital!

2. Now you have 2 utility bills not just one! In essence the leasing company becomes a second utility. So, sign a solar lease and now you have two utility business you need to pay monthly.

3. A lot of leases or PPAs carry a yearly expense escalator, usually 2.9 %. So while you might be saving money today in a several years you will not be.

4. You will not have the ability to claim the 30 % federal tax credit and any relevant cash rebates. You likewise won’t have the ability to assert any tax deductible interest on solar loan payments (HELOC or PACE).

5. You never get to complimentary power with a lease or PPA. In contrast, if you purchase a solar system once the solar loan is settled you can get complimentary electrical energy from the sun for 10– 15 years depending upon the length of the solar loan.

[google-map location=”Palm Desert CA”]

6. Offering your house with a solar lease or PPA can be problematic. Solar leases use the new owner to assume the lease and terms. If you check out any of the above you can probably see why an enlightened consumer would not want presuming the responsibilities of your lease. This is especially real if the lease is 7 or more years old and the yearly expense escalator in the lease has now raised the expense of electrical power to equivalent or more than the expense of electrical energy from the utility.

[dyna dynami=”Closing”]

Selling Your Home With a Solar Lease in Irvine CA 92619

Problems With Solar Lease in IrvineBefore you sign your name to a solar panel lease on your house in Irvine CA 92619 you have to understand exactly what you are truly getting into. If you’re in the business of selling solar leases perhaps you need to attempt Googling this, “benefits of solar lease” Read all of the page one results and see what your client’s are checking out if they do even a small amount of research. You likewise may attempt Googling, “selling home with solar lease” and “solar lease vs. purchase”. Read what your customer’s will certainly check out when they do 30 minutes of research online before committing to a 20 year agreement. Possibly you’ll now understand why you get a lot of cancellations and why if you do not seal the deal on the first consultation you’ve got nearly no chance of closing it later on. Why not change your approach do exactly what’s right for the client and get on board with a company that supplies industry leading value (rate + quality + service).

The Solar Lease in Irvine CA 92619 or PPA Sales Pitch typically includes 6 bottom lines. We talked about each below.

1. Go Solar and Pay Nothing! Or no cash out of pocket.

Signing a 20 year agreement in which you guarantee to pay X hundred dollars per month is hardly paying nothing. If you accumulate all of those monthly payments during the regard to the contract you’ll be paying 2 to 3 times what you would have paid acquiring the solar system even if you consider the interest paid on the solar loan. Numerous zero money down solar loans are available. If you have the credit score to get the lease you can make use of the bank’s money to fund your solar system with no money down.

[ssvideo keyword=”Solar Companies” title=”Solar Companies in Irvine”]

2. No fears. The leasing/PPA business in Irvine CA 92619 is liable for all maintenance and repairs on the system.

The renting business will not clean your photovoltaic panels which is about just upkeep used on a solar system. Solar systems are extremely low maintenance with no moving parts and feature incredibly long producer’s warranties and efficiency assurances. 25 years with a microinverter based system, that’s longer than the leasing companies’ warranty. Many tier 1 solar devices makers are larger and more solvent than the solar leasing company by lots of multiples. Those long warranties are supported by a 20 year bumper to bumper service warranty from Solar Symphony.

3. Insurance coverage– go solar with a lease and the renting business insures the system.

Purchase a system and the solar system is covered under your homeowner’s policy for a simply a couple dollars per month.

4. Monitoring– the renting business monitors your system for the life of the lease/PPA.

When you purchase a system you also get monitoring for the life of the system, utilizing the very same tracking devices made use of by the renting business.

5. Just sign an agreement and the leasing company does everything else.

When buying a system you also just sign an agreement and the solar specialists does everything else. Distinction is the leasing business contract is 17 pages (small print) and the solar specialist’s agreement is 2 pages.

6. A lease doesn’t hit your personal credit. Doesn’t influence your financial obligation to income ratio.

This may be the only true benefit of the lease however it comes at an awefully high rate. If this is among your primary issues there are funding options for a purchase (PACE and HERO) that also do not strike your personal credit or affect your debt to income ratio. And those programs permit practically any homeowner to go solar regardless of their credit rating.

Now for the 6 primary drawbacks to a solar lease in Irvine CA 92619 or PPA.

1. A lease is a 20 year liability. It is not an asset or an investment in solar. The solar leasing business are investing in solar on your roofing system! You’re just providing them a guaranteed 20 year cash flow!

2. Now you have 2 energy bills not simply one! In essence the renting company becomes a second utility. So, sign a solar lease and now you have two energy business you need to pay each month.

3. Many leases or PPAs bring a yearly expense escalator, normally 2.9 %. So while you may be saving cash today in a several years you will not be.

4. You won’t have the ability to claim the 30 % federal tax credit and any relevant cash rebates. You also will not have the ability to claim any tax deductible interest on solar loan payments (HELOC or PACE).

5. You never get to totally free power with a lease or PPA. On the other hand, if you purchase a solar system once the solar loan is settled you can delight in complimentary electrical energy from the sun for 10– 15 years depending upon the length of the solar loan.

[google-map location=”Irvine CA”]

6. Offering your house with a solar lease or PPA can be problematic. Solar leases need the brand-new owner to presume the lease and terms. If you read any of the above you can most likely see why an enlightened customer would not have an interest in presuming the obligations of your lease. This is especially real if the lease is 7 or more years old and the yearly expense escalator in the lease has now raised the expense of electrical power to equivalent or more than the expense of electrical energy from the energy.

[dyna dynami=”Closing”]

Selling Your Home With a Solar Lease in Riverside CA 92503

Problems With Solar Lease in RiversidePrior to you sign your name to a solar panel lease on your home in Riverside CA 92503 you need to understand what you are truly getting into. If you’re in business of offering solar leases possibly you must try Googling this, “benefits of solar lease” Read all of the page one results and see what your customer’s are checking out if they do even a percentage of research. You likewise might attempt Googling, “selling home with solar lease” and “solar lease vs. buy”. Read exactly what your client’s will read when they do 30 minutes of research online prior to dedicating to a 20 year agreement. Maybe you’ll now understand why you get a lot of cancellations and why if you do not close the deal on the very first appointment you’ve got nearly no opportunity of closing it later. Why not alter your strategy do exactly what’s right for the client and get on board with a business that provides industry leading value (cost + quality + service).

The Solar Lease in Riverside CA 92503 or PPA Sales Pitch usually includes 6 main points. We discussed each below.

1. Go Solar and Pay Nothing! Or no cash out of pocket.

Signing a 20 year agreement in which you guarantee to pay X hundred dollars per month is barely paying absolutely nothing. If you build up all of those regular monthly payments throughout the term of the agreement you’ll be paying 2 to 3 times exactly what you would have paid acquiring the solar system even if you consider the interest paid on the solar loan. Many no cash down solar loans are readily available. If you have the credit report to get approved for the lease you can use the bank’s money to fund your solar system with no cash down.

[ssvideo keyword=”Solar Contractors” title=”Solar Companies in Riverside”]

2. No worries. The leasing/PPA company in Riverside CA 92503 is accountable for all maintenance and repairs on the system.

The renting business will certainly not clean your photovoltaic panels which is about only maintenance required on a solar system. Solar systems are very low maintenance with no moving parts and come with extremely long manufacturer’s warranties and performance warranties. 25 years with a microinverter based system, that’s longer than the leasing business’ warranty. A lot of tier 1 solar devices makers are bigger and more solvent than the solar leasing business by many multiples. Those long service warranties are supported by a 20 year bumper to bumper service warranty from Solar Symphony.

3. Insurance– go solar with a lease and the renting company guarantees the system.

Purchase a system and the solar system is covered under your property owner’s policy for a simply a couple dollars per month.

4. Monitoring– the leasing company monitors your system for the life of the lease/PPA.

When you purchase a system you likewise get keeping an eye on for the life of the system, making use of the same monitoring equipment made use of by the renting company.

5. Simply sign a contract and the leasing company does everything else.

When purchasing a system you likewise simply sign a contract and the solar specialists does everything else. Distinction is the leasing companies contract is 17 pages (small print) and the solar specialist’s agreement is 2 pages.

6. A lease doesn’t strike your personal credit. Doesn’t impact your financial obligation to income ratio.

This may be the only real advantage of the lease but it comes at an awefully high rate. If this is one of your main issues there are financing options for a purchase (PACE and HERO) that also don’t strike your personal credit or affect your financial obligation to earnings ratio. And those programs enable practically any property owner to go solar regardless of their credit rating.

Now for the six primary drawbacks to a solar lease in Riverside CA 92503 or PPA.

1. A lease is a 20 year liability. It is not an asset or an investment in solar. The solar leasing companies are investing in solar on your roofing! You’re simply supplying them a guaranteed 20 year capital!

2. Now you have 2 utility costs not simply one! In essence the leasing company becomes a 2nd energy. So, sign a solar lease and now you have 2 utility companies you have to pay each month.

3. A lot of leases or PPAs carry an annual expense escalator, generally 2.9 %. So while you might be saving cash today in a several years you won’t be.

4. You won’t have the ability to claim the 30 % federal tax credit and any applicable cash discounts. You also will not have the ability to assert any tax deductible interest on solar loan payments (HELOC or PACE).

5. You never get to complimentary power with a lease or PPA. In contrast, if you acquire a solar system once the solar loan is settled you can get free electrical power from the sun for 10– 15 years depending on the length of the solar loan.

[google-map location=”Riverside CA”]

6. Offering your home with a solar lease or PPA can be bothersome. Solar leases use the brand-new owner to assume the lease and terms. If you check out any of the above you can most likely see why an informed customer would not be interested in assuming the obligations of your lease. This is particularly real if the lease is 7 or more years old and the annual expense escalator in the lease has now raised the expense of electrical power to equivalent or more than the expense of electricity from the utility.

[dyna dynami=”Closing”]