Residential Solar
Residential Solar
Learn how you can obtain energy independence while building equity in your home. There isn’t one option that fits every customer, so let’s find out what the best solution is for you.
MONTHLY SOLAR LEASE INFO
- Solar Leasing From $0 Down
- Service Guarantee For 25 Years
- When you need to realize the financial benefits of solar immediately.
- Offload the responsibility of maintenance and repairs
- You are ineligible for federal or state investment tax credits
- You don’t want to wait until the end of the tax year to claim and receive the benefits of any tax credits
SOLAR FINANCING INFO
- Extremely Low Financing
- Tax Incentives
- Invest In Your Home’s Equity
- Little to No Upfront Costs
- Fixed Monthly Bill
- You value the financial benefits of solar
- You would like to increase the resale value of your property
PRE-PAID LEASE INFO
- A Prepaid Lease is as close as you can get to ownership, although still technically a lease. It mimics outright purchase and ownership of a solar system, yet contains all the same features of a standard monthly solar lease.
- The Solar Provider receives all tax credits and local or state rebate incentives just as it would with a monthly solar lease.
- The solar on your property is a commercially owned asset, the Solar Provider can recover the cost of the solar in as little as 5 years.
- Low electricity rates
- Exceptional performance
- 24/7 monitoring & maintenance with just 1 upfront payment
BATTERY STORAGE INFO
- Power through outages
- Generate, store, and manage clean solar energy for your circumstances
- Highest quality selection of battery storage
- Energy Storage allows solar system owners to save the energy generated by their solar panels in a battery.
- While the solar system is powering your house/business, the battery is being charged by excess energy.
- Energy stored in this battery can be utilized during power outages, cloudy days, or during peak time-of-use hours.
- The energy storage battery use greatly depends on your region’s climate and utility pricing structure.
Residential Solar
Learn how you can obtain energy independence while building equity in your home. There isn’t one option that fits every customer, so let’s find out what the best solution is for you.
MONTHLY SOLAR LEASE INFO
- Solar Leasing From $0 Down
- Service Guarantee For 25 Years
- When you need to realize the financial benefits of solar immediately.
- Offload the responsibility of maintenance and repairs
- You are ineligible for federal or state investment tax credits
- You don’t want to wait until the end of the tax year to claim and receive the benefits of any tax credits
SOLAR FINANCING INFO
- Extremely Low Financing
- Tax Incentives
- Invest In Your Home’s Equity
- Little to No Upfront Costs
- Fixed Monthly Bill
- You value the financial benefits of solar
- You would like to increase the resale value of your property
PRE-PAID LEASE INFO
- A Prepaid Lease is as close as you can get to ownership, although still technically a lease. It mimics outright purchase and ownership of a solar system, yet contains all the same features of a standard monthly solar lease.
- The Solar Provider receives all tax credits and local or state rebate incentives just as it would with a monthly solar lease.
- The solar on your property is a commercially owned asset, the Solar Provider can recover the cost of the solar in as little as 5 years.
- Low electricity rates
- Exceptional performance
- 24/7 monitoring & maintenance with just 1 upfront payment
BATTERY STORAGE INFO
- Power through outages
- Generate, store, and manage clean solar energy for your circumstances
- Highest quality selection of battery storage
- Energy Storage allows solar system owners to save the energy generated by their solar panels in a battery.
- While the solar system is powering your house/business, the battery is being charged by excess energy.
- Energy stored in this battery can be utilized during power outages, cloudy days, or during peak time-of-use hours.
- The energy storage battery use greatly depends on your region’s climate and utility pricing structure.
Plan benefits & Overview
Ownership Plan
Service Plan
Guaranteed lower rate for power
Fixed/predictable inflation rate
Roof penetration warranty
Roofing/electrical upgrades included
We maintain, insure, and monitors your system for FREE
Up to $1,000 signing bonus to make the switch to clean power
A promise of immediate savings and long-term savings
Guaranteed lower rate for power
Fixed/predictable inflation rate
Roof penetration warranty
Roofing/electrical upgrades included
We maintain, insure, and monitors your system for FREE
Up to $1,000 signing bonus to make the switch to clean power
A promise of immediate savings and long-term savings
No cost for equipment or installation
Tax incentives are automatically applied to your service
Plan benefits & Overview
Service Plan
Guaranteed lower rate for power
Fixed/predictable inflation rate
Roof penetration warranty
Roofing/electrical upgrades included
We maintain, insure, and monitors your system for FREE
Up to $1,000 signing bonus to make the switch to clean power
A promise of immediate savings and long-term savings
Ownership Plan
Guaranteed lower rate for power
Fixed/predictable inflation rate
Roof penetration warranty
Roofing/electrical upgrades included
We maintain, insure, and monitors your system for FREE
Up to $1,000 signing bonus to make the switch to clean power
A promise of immediate savings and long-term savings
No cost for equipment or installation
Tax incentives are automatically applied to your service
how to finance Residential solar
Cash Purchase
Requires 100% upfront capital investment and O&M costs for 30 years. The organization will be eligible for the 26% Federal ITC and MACRS Accelerated Depreciation.
Bank Loan
Requires 0% down! The organization will still be eligible for the 26% Federal ITC and MACRS Accelerated Depreciation. This system would be cash flow positive from year one.
Operating Loan
Requires 0% down, with a 10-year lease term at 6.00% interest and a future buyout option. The organization would also be responsible for 30 years of O&M costs but would NOT be eligible for any of the tax credits or other incentives. This system would be cash flow positive from year one.
PPA
Requires 0% down, with a 20-year PPA rate with 0% escalator, and the organization will have the option to purchase the system after 20 years (incurring O&M costs for the last 10 years of the 30-year lifespan). This system would be cash flow positive from year one.
how to finance Residential solar
Cash Purchase
Requires 100% upfront capital investment and O&M costs for 30 years. The organization will be eligible for the 26% Federal ITC and MACRS Accelerated Depreciation.
Bank Loan
Requires 0% down! The organization will still be eligible for the 26% Federal ITC and MACRS Accelerated Depreciation. This system would be cash flow positive from year one.
Operating Loan
Requires 0% down, with a 10-year lease term at 6.00% interest and a future buyout option. The organization would also be responsible for 30 years of O&M costs but would NOT be eligible for any of the tax credits or other incentives. This system would be cash flow positive from year one.
PPA
Requires 0% down, with a 20-year PPA rate with 0% escalator, and the organization will have the option to purchase the system after 20 years (incurring O&M costs for the last 10 years of the 30-year lifespan). This system would be cash flow positive from year one.
Questions to ask when switching to solar
How much electricity does your house consume?
How should you finance your homes solar panels?
Are you eligible for solar grants and tax credits?
Questions to ask when switching to solar
How much electricity does your house consume?
How should you finance your homes solar panels?
Are you eligible for solar grants and tax credits?
FAQ
How many solar panels do I need for my home?
The typical homeowner will need 28 – 34 solar panels to cover 100% of their energy usage. Although, this is dependent on the area required and location.
Is my house a candidate for solar?
The direction, age, and pitch of your roof are all important details when considering whether or not to install solar panels. It’s important to note that a roof with a pitch of 30 degrees and no obstructions (Example: any skylights and chimneys) is ideal. It is also important to determine if your roof is in a shadow (direction your home is facing & total sun coverage during the day) Contact our team and schedule a free consultation to see if solar is a fit for your home!
What solar incentives and rebates are out there?
Currently, the residential federal solar tax credit gives you a dollar-for-dollar reduction against your federal income tax equal to 26% of the final cost of solar energy systems you install on your home. Starting in 2021, the tax credit will step down to 22%. After 2021, the tax credit for residential solar ends.
What financing options are there?
All financing options available for Residential Customers; Solar Loan, Solar PPAs, Solar Leases and PACE Loans. Yes the customer can benefit ITC but only for Loan and PACE programs. NOT for Lease/PPA
What’s your ROI?
Most of the solar projects are designed with a positive cash flow, meaning from day one the solar system start providing savings, also in most cases the payment of the solar loan is less than the utility bill so the customer can realize the benefits from the first day.
In case of PPA/Lease the provider not only provide equipment warranty (zero out of pocket) but also production guarantee.
Phoenix Business Solutions DO NOT provide any GURANTEE on the system performance or ROI but as mentioned above it does provide significant benefits.
What warranties come with the system?
All solar system components are covered for 15 Years warranty from the manufacturer i.e. solar panels, inverter, Power optimizers.
In case of a Lease/PPA everything is covered through the provider and Phoenix Business Solutions do not play any role in that.
Phoenix provides a third party 30 year warranty with Solar Insure. https://www.solarinsure.
What happens if I sell my home with solar panels installed?
In most cases if it is a Loan/PACE the loan has to be paid fully during (escrow) or before the sale of the house.
In case of a Lease/PPA in most cases the Lease/PPA is transferred to the now homeowner, the sale needs to be informed to the provider so they can start processing the request.
Yes the value of the property goes up by at least 15% ~ 20% for homes that have solar.
What solar panels would work best for my home?
Phoenix Business Solutions provide only Tier-1 Solar Panels and Inverters. And provide complete turn key installation service with industry leading quality and support.
Get Started Now
Please complete the forum below! An email will be sent out to one of our experts and he will call you back with information!
FAQ
How many solar panels do I need for my home?
The typical homeowner will need 28 – 34 solar panels to cover 100% of their energy usage. Although, this is dependent on the area required and location.
Is my house a candidate for solar?
The direction, age, and pitch of your roof are all important details when considering whether or not to install solar panels. It’s important to note that a roof with a pitch of 30 degrees and no obstructions (Example: any skylights and chimneys) is ideal. It is also important to determine if your roof is in a shadow (direction your home is facing & total sun coverage during the day) Contact our team and schedule a free consultation to see if solar is a fit for your home!
What solar incentives and rebates are out there?
Currently, the residential federal solar tax credit gives you a dollar-for-dollar reduction against your federal income tax equal to 26% of the final cost of solar energy systems you install on your home. Starting in 2021, the tax credit will step down to 22%. After 2021, the tax credit for residential solar ends.
What financing options are there?
All financing options available for Residential Customers; Solar Loan, Solar PPAs, and Solar Leases. Yes the customer can benefit ITC but only for Loan and PACE programs. NOT for Lease/PPA
What’s your ROI?
Most of the solar projects are designed with a positive cash flow, meaning from day one the solar system start providing savings, also in most cases the payment of the solar loan is less than the utility bill so the customer can realize the benefits from the first day.
In case of PPA/Lease the provider not only provide equipment warranty (zero out of pocket) but also production guarantee.
Phoenix Business Solutions DO NOT provide any GURANTEE on the system performance or ROI but as mentioned above it does provide significant benefits.
What warranties come with the system?
All solar system components are covered for 25 Years warranty from the manufacturer i.e. solar panels, inverter, Power optimizers.
In case of a Lease/PPA everything is covered through the provider and Phoenix Business Solutions do not play any role in that.
Phoenix provides a third party 30 year warranty with Solar Insure. https://www.solarinsure.
What happens if I sell my home with solar panels installed?
In most cases if it is a Loan/PACE the loan has to be paid fully during (escrow) or before the sale of the house.
In case of a Lease/PPA in most cases the Lease/PPA is transferred to the now homeowner, the sale needs to be informed to the provider so they can start processing the request.
Yes the value of the property goes up by at least 15% ~ 20% for homes that have solar.
What solar panels would work best for my home?
Phoenix Business Solutions provide only Tier-1 Solar Panels and Inverters. And provide complete turn key installation service with industry leading quality and support.
Get Started Now
Please complete the forum below! An email will be sent out to one of our experts and he will call you back with information!