Daily Archives : June 11, 2014

Selling Your Home With a Solar Lease in Palm Desert CA 92260

Problems With Solar Lease in Palm DesertBefore you sign your name to a solar panel lease on your home in Palm Desert CA 92260 you have to comprehend exactly what you are actually getting into. If you’re in business of offering solar leases maybe you should attempt Googling this, “benefits of solar lease” Read all of the page one results and see exactly what your customer’s are checking out if they do even a percentage of research. You also may attempt Googling, “selling home with solar lease” and “solar lease vs. purchase”. Read exactly what your client’s will certainly read when they do 30 minutes of research online prior to committing to a 20 year agreement. Perhaps you’ll now comprehend why you get numerous cancellations and why if you do not close the deal on the first visit you’ve got practically no possibility of closing it later on. Why not alter your technique do exactly what’s right for the client and get on board with a business that supplies industry leading value (price + quality + service).

The Solar Lease in Palm Desert CA 92260 or PPA Sales Pitch generally consists of six bottom lines. We discussed each below.

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

Signing a 20 year contract in which you promise to pay X hundred dollars per month is barely paying nothing. If you add up all of those month-to-month payments throughout 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. Many no cash down solar loans are offered. If you have the credit score to qualify for the lease you can use the bank’s money to fund your solar system with absolutely no cash down.

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

2. No fears. The leasing/PPA company in Palm Desert CA 92260 is liable for all maintenance and repairs on the system.

The leasing company will not clean your solar panels which is about only maintenance required on a solar system. Solar systems are very low upkeep with no moving parts and have very long producer’s warranties and performance guarantees. 25 years with a microinverter based system, that’s longer than the leasing companies’ assurance. A lot of tier 1 solar equipment makers are larger and more financially stable than the solar leasing company by lots of multiples. Those long guarantees are backed up by a 20 year bumper to bumper service warranty from Solar Symphony.

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

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

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

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

5. Just sign a contract and the renting company does everything else.

When purchasing a system you likewise simply sign an agreement and the solar service providers does everything else. Distinction is the leasing business contract is 17 pages (fine print) and the solar professional’s agreement is 2 pages.

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

This might be the only real advantage of the lease but it comes at an awefully high price. If this is one of your main concerns there are financing alternatives for a purchase (PACE and HERO) that also don’t strike your personal credit or affect your financial obligation to income ratio. And those programs enable practically any property owner to go solar no matter their credit rating.

Now for the 6 major disadvantages to a solar lease in Palm Desert CA 92260 or PPA.

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

2. Now you have two energy bills not just 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. Most leases or PPAs carry a yearly cost escalator, typically 2.9 %. So while you might be saving cash today in a numerous years you will not be.

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

5. You never ever get to totally free power with a lease or PPA. In contrast, if you buy a solar system once the solar loan is paid off you can take pleasure in complimentary electrical power 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 require the new owner to presume the lease and terms. If you check out any of the above you can most likely see why an informed customer would not have an interest in assuming the obligations of your lease. This is particularly true if the lease is 7 or more years old and the yearly expense escalator in the lease has actually now raised the cost 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 Spring Valley CA 91979

Problems With Solar Lease in Spring ValleyPrior to you sign your name to a solar panel lease on your home in Spring Valley CA 91979 you need to understand what you are actually getting into. If you’re in the business of offering solar leases perhaps you must try Googling this, “benefits of solar lease” Read all of the page one results and see what your consumer’s are checking out if they do even a small amount of homework. You also may attempt Googling, “selling home with solar lease” and “solar lease vs. purchase”. Read exactly what your customer’s will check out when they do 30 minutes of research online prior to dedicating to a 20 year contract. Possibly you’ll now comprehend why you get a lot of cancellations and why if you do not close the deal on the very first consultation you’ve got almost no chance of closing it later on. Why not change your method do what’s right for the consumer and get on board with a company that supplies market leading value (rate + quality + service).

The Solar Lease in Spring Valley CA 91979 or PPA Sales Pitch generally consists of six main points. We discussed each below.

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

Signing a 20 year agreement where you guarantee to pay X hundred dollars per month is barely paying nothing. If you build up all of those monthly payments during the term of the contract you’ll be paying 2 to 3 times exactly what you would have paid purchasing the solar system even if you consider the interest paid on the solar loan. Numerous zero cash down solar loans are readily available. If you have the credit report to qualify for the lease you can make use of the bank’s cash to fund your solar system with zero money down.

[ssvideo keyword=”Solar Contractors” title=”Solar Contractors in Spring Valley”]

2. No worries. The leasing/PPA business in Spring Valley CA 91979 is liable for all repair and maintenance on the system.

The leasing company will not clean your photovoltaic panels which has to do with just maintenance needed on a solar system. Solar systems are incredibly low maintenance with no moving parts and include extremely long producer’s guarantees and efficiency guarantees. 25 years with a microinverter based system, that’s longer than the leasing business’ guarantee. Many tier 1 solar equipment makers are larger and more financially stable than the solar leasing company by many multiples. Those long guarantees are supported by a 20 year bumper to bumper warranty from Solar Symphony.

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

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

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

When you buy a system you likewise get keeping track of for the life of the system, utilizing the very same monitoring equipment used by the renting company.

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

When buying a system you also just sign a contract and the solar professionals does everything else. Difference is the leasing companies contract is 17 pages (fine print) and the solar specialist’s contract is 2 pages.

6. A lease doesn’t strike your individual credit. Does not affect your debt to income ratio.

This might be the only real advantage of the lease but it comes at an awefully high rate. If this is among your primary concerns there are funding alternatives for a purchase (PACE and HERO) that likewise don’t hit your personal credit or influence your debt to earnings ratio. And those programs enable nearly any homeowner to go solar despite their credit score.

Now for the six primary downsides to a solar lease in Spring Valley CA 91979 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 buying solar on your roof! You’re just offering them an ensured 20 year cash flow!

2. Now you have 2 energy expenses not simply one! In essence the leasing company ends up being a second utility. So, sign a solar lease and now you have 2 utility business you need to pay monthly.

3. The majority of leases or PPAs carry an annual expense escalator, usually 2.9 %. So while you may be saving cash today in a numerous years you won’t be.

4. You will not be able to assert the 30 % federal tax credit and any suitable money discounts. You likewise will not have the ability to assert any tax deductible interest on solar loan payments (HELOC or PACE).

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

[google-map location=”Spring Valley CA”]

6. Selling your home with a solar lease or PPA can be bothersome. Solar leases use the brand-new owner to presume the lease and terms. If you check out any of the above you can probably see why an educated consumer would not have an interest in presuming the commitments of your lease. This is particularly real if the lease is 7 or more years of ages and the yearly cost escalator in the lease has now raised the expense of electrical energy to equal or more than the cost of electrical energy from the utility.

[dyna dynami=”Closing”]

Selling Your Home With a Solar Lease in Cathedral City CA 92234

Problems With Solar Lease in Cathedral CityBefore you sign your name to a solar panel lease on your house in Cathedral City CA 92234 you have to understand exactly what you are actually getting into. If you’re in business of selling solar leases maybe you need to try Googling this, “benefits of solar lease” Read all of the page one results and see exactly what your client’s are reading if they do even a small amount of homework. You likewise might try Googling, “selling home with solar lease” and “solar lease vs. buy”. Read what your customer’s will check out when they do 30 minutes of study online before dedicating to a 20 year agreement. Possibly you’ll now understand why you get so many cancellations and why if you do not seal the deal on the very first appointment you’ve got almost no opportunity of closing it later on. Why not change your approach do exactly what’s right for the consumer and get on board with a company that supplies industry leading value (cost + quality + service).

The Solar Lease in Cathedral City CA 92234 or PPA Sales Pitch generally consists of six 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 hardly paying nothing. If you add up all those regular monthly payments throughout the regard to the contract you’ll be paying 2 to 3 times what you would have paid purchasing the solar system even if you factor in the interest paid on the solar loan. Many absolutely no money down solar loans are offered. If you have the credit history to get the lease you can utilize the bank’s cash to fund your solar system with zero money down.

[ssvideo keyword=”Solar Contractors” title=”Solar Companies in Cathedral City”]

2. No worries. The leasing/PPA company in Cathedral City CA 92234 is liable for all repair and maintenance on the system.

The renting business will certainly not clean your photovoltaic panels which has to do with just upkeep required on a solar system. Solar systems are exceptionally low maintenance with no moving parts and come with incredibly long producer’s guarantees and performance assurances. 25 years with a microinverter based system, that’s longer than the leasing business’ guarantee. Many tier 1 solar devices manufacturers are bigger and more financially stable than the solar leasing company by lots of multiples. Those long warranties are backed up by a 20 year bumper to bumper warranty from Solar Symphony.

3. Insurance coverage– go solar with a lease and the renting 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. Monitoring– the renting company monitors your system for the life of the lease/PPA.

When you acquire a system you also get monitoring for the life of the system, making use of the exact same monitoring equipment used by the leasing company.

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

When purchasing a system you likewise simply sign an agreement and the solar contractors does everything else. Distinction is the leasing business contract is 17 pages (small print) and the solar service provider’s agreement is 2 pages.

6. A lease doesn’t strike your individual credit. Does not affect your financial obligation to income ratio.

This may be the only real advantage of the lease however it comes at an awefully high price. If this is one of your primary issues there are financing options for a purchase (PACE and HERO) that also do not hit your personal credit or influence your financial obligation to income ratio. And those programs permit virtually any property owner to go solar despite their credit rating.

Now for the six primary downsides to a solar lease in Cathedral City CA 92234 or PPA.

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

2. Now you have 2 utility expenses not just one! In essence the renting company ends up being a second utility. So, sign a solar lease and now you have two utility business you need to pay each month.

3. Most leases or PPAs bring an annual cost escalator, normally 2.9 %. So while you may be saving cash today in a several years you will not be.

4. You won’t be able to claim the 30 % federal tax credit and any appropriate cash discounts. You likewise won’t have the ability to declare any tax deductible interest on solar loan payments (HELOC or PACE).

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

[google-map location=”Cathedral City CA”]

6. Offering your home with a solar lease or PPA can be problematic. Solar leases need the brand-new owner to assume the lease and terms. If you read any of the above you can most likely see why an informed customer would not have an interest in assuming the obligations of your lease. This is specifically true if the lease is 7 or more years of ages and the yearly expense escalator in the lease has now raised the expense of electrical power to equivalent or more than the cost of electrical power from the utility.

[dyna dynami=”Closing”]