1- 100% financing - so no money upfront.
2- Payments should not exceed your average monthly electricity bill
3- Own Your Power Source - Your monthly electricity bill should be eliminated
4- The Carbon Tax that starts in January will also be eliminated for us in Alberta.
5- Lock in your power bill (no more rising energy costs) = Cost Savings until it is paid off, then - No More Power Bills!
6- Typically increases value of the home by 5% to 15%
7- Reduce your carbon footprint - Clean & Green
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Excess Solar Power you produce goes into the grid and is called Net Metering or (Net Billing in some provinces) - Check your province
In Ontario you can actually earn money from your solar installation. On a roof with good solar exposure, a system can generate up to $450 per year for each kilowatt of solar. Solar is so dependable it’s like a 20 year GIC, but on your very own roof! And it's green energy, replacing coal fired electricity in Ontario.
In the United States there is a 30% Federal Tax Credit as well as States have their own incentives and rebates. Here is a comprehensive list.
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