Residential Financing

How much does a solar power system cost?

The cost of solar depends on the system size needed for each property. We determine this size by evaluating your 12 month kW consumption, not the square feet of the property. The way we obtain this information is by collecting a copy of your electricity bill (which a Solar Consultant will go over with you) and reviewing your annual kW history. From there, we utilize our proprietary imaging software to measure out a system that would produce the energy you have been using the previous year so that there is no inconvenient change in your lifestyle going solar. We also make exceptions if there for any projected changes in your energy usage moving forward so that you get exactly the solar power system size that is perfect for you. 

If you go with a financing term, it will be on a fixed monthly payment, while utility companies continue to raise their rates to accommodate upkeep of the grid, company bonuses, and inflation. It may take a few years before utility costs become more expensive than your fixed monthly payment on the system, but as time goes on the utility prices never stop increasing and at the rate of approximately 5% every year. This is important to know because from the time the monthly utility rates become greater than your monthly financing fees, you will find that your solar power generation system will become increasingly cheaper than utility costs. And once your system is completely paid off, you will own the panels and its capacity to produce electricity for your home.

Trusted Financing Partners

Green Solar Technologies has partnered with the top lenders to provide custom financing for our customers, regardless of credit or income. Our banks will work with you to find the loan that is the best fit for your unique situation, using some of the following criteria to determine the best lender for the job:

  • Your geographical area
  • Electricity rate/degradation
  • Your current electricity bill
  • Shading
  • Taxes and Fees

Trusted Financing Partners

Whether you’re trying to maximize energy savings or just help make your home or business a bit more environmentally-friendly,
Green Solar Technologies has an option for every home and budget. Talk to us about installing a solar panel system for home use.

Cash Purchase

We allow our customers to purchase their solar equipment outright in order to enjoy significant savings right away.

Loan Purchase

We allow our customers to purchase their solar equipment outright in order to enjoy significant savings right away.

PACE Financing

We allow our customers to purchase their solar equipment outright in order to enjoy significant savings right away.

$0 Down Financing

We offer $0 financing for our customers with approved credit. Ask us more about how we can help you finance your solar energy equipment for no money down!

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