At Energy By Choice you can choose to buy or lease your solar panels, depending on which method makes the most sense for your needs. You can buy solar panels, finance solar panels, or utilize our solar lease options for your solar energy system and go “zero down” with either option.
When evaluating whether it makes more sense for you to buy or lease a solar power system, our team will help you to determine what your energy bill savings will be, as well as give you solar financing options. Available tax credits may also help defray the cost of the purchase and installation of your solar panels.
One-size-fits all might work with socks, but not with solar. We customize and design your solar energy system, taking your electric usage and available roof space into account and showing comparisons of several products and layouts. Our solar consultants can show you purchase and lease options side by side and compare it to your current utility costs. You can see your short-term and long-term savings and you choose which option works best for you. There is no sales pressure. We let the numbers speak for themselves when we present you with a solar energy investment and savings analysis.
Purchasing a solar electric system yields the greatest total savings in electric bills. Energy by Choice will help arrange financing to purchase your solar electric system.
Zero down options are available to eliminate your out-of-pocket cost. You can expect to receive:
Leasing a solar electric system replaces your monthly utility bill with a monthly lease payment at a fixed rate for 20 years.
Benefits of leasing solar panels include avoiding a down payment, repayment of the equipment, and installation cost. At the end of the lease, the lessor will remove the system from the property. When you lease solar panels, you get:
If you find you’re paying a lot in federal income tax, you owe it to yourself to look into a solar purchase.
If you’re paying minimal or no federal tax, then a solar lease may be the better option for you.
|✓||No Money Down||✓|
|✓||You Receive a Federal Tax Credit||x|
|✓||You Receive a NY State Credit||✓|
|✓||Lock in Lower Cost of Energy||✓|
|✓||Increase Property Value||✓|
|✓||Savings Start Immediately||✓|
|x||Higher Year One Savings||✓|
|✓||Higher Long-Term Savings||x|