|With electricity rates charged by utility companies going up an average of 6% annually, this program is really a win/win situation with no strings attached!
- Justin Pentelute, Syndicated Solar CEO
New Solar Leasing Program Offers Qualifying Homeowners an Inexpensive Chance to Go Green
In response to the overwhelmingly positive participation in its new money-saving residential solar leasing program, Syndicated Solar has expanded staffing to answer the demand. Ten new Solar Energy Consultants have been added to Syndicated Solar’s Residential Division in Colorado – split between the Denver and Grand Junction offices.
According to Justin Pentelute, CEO of Syndicated Solar, “This program for residential solar installations allows us to offer home owners with good credit an option to lease a complete solar system through Syndicated Solar with no money down.” The solar lease program also includes money-back production guarantees on the solar energy produced by the system.
Justin continued, “Additionally, unlike other solar leasing programs available, there is also no built-in accelerator on the monthly payments with our program – a great benefit for customers of Syndicated Solar. Plus, they save money from day one and benefit from having a fixed monthly lease/electricity payment for 20 years — that is far less than their existing utility bills.”
Another advantage of the solar leasing program is that because the system is owned by a third party leasing company, there is no cost for upkeep of the solar system once it is installed. Justin added, “There are no operational, maintenance or warranty concerns for home owners.” He continued, “With electricity rates charged by utility companies going up an average of 6% annually, this program is really a win/win situation with no strings attached!”
In addition to the solar lease program, other financing options are available for qualified home owners. Justin explained, “We have the most financing options of any other solar company and we’re helping our clients save thousands of dollars.”
Six different packaged solar systems have been pre-designed and engineered by Syndicated Solar’s NABCEP certified engineers for ease of installation – which can usually be installed within a couple of days from project start. Ranging in size from a 2 kW system appropriate for a small, starter home, up to a 9.75 kW system for a large estate with outbuildings or barns, there is a Syndicated Solar system that is appropriate for most consumer needs.
A sample of the electricity savings on a mid-sized system – about $500 per year!
Recent studies by the National Bureau of Economic Research and the National Association of Realtors have shown that adding solar photovoltaic (PV) panels to a residence adds significantly to its value. They calculated that, on average, solar PV panels could add about $5.50 per watt to a home’s resale value. This means that the owner of a typical solar home with a 3.1-kilowatt PV system stands to make an extra $17,000 above the cost of a comparable, non-solar home.
All of this is good news for consumers looking to save money and hedge against rising electricity rates while increasing the value of their homes.