The Solar Industry Is Selling a Payment
They’re professional salespeople so they know how to gain your trust. Then they proceed to do what any good car salesperson does, sell you a payment. They are selling a payment because they don’t want you looking at the price of the system or the interest? Interest for qualified applicants is 5% to 6% loan over twenty years. That interest rate may sound low but over twenty years it totals out to the cost of the system.
The interest on a twenty-year loan effectively wipes out all the profit you could have made. Some people think who cares it’s the power bill money I’m spending. But at the end of the day going solar is a wash because of the loan interest.
Going Solar Has To Be The Homeowners Idea for The Most Profit
Anyone who’s bought several automobiles in their life have had two uniquely different experiences. In one scenario we were just looking and the next thing you know you’re driving out in a new car. In the second scenario, we knew what car we wanted and researched and learned about that car. Which scenario did I get a better deal? In the first scenario I was sold a payment and I paid to much for the car. I was sold a car versus buying a car because I wasn’t prepared, I overpaid.
The point I’m making is, decide for yourself to go solar and prepare accordingly. Don’t get sold by a salesperson and overpay. Decide if solar is for you before meeting with anyone about solar. Make going solar your idea and research for the best deal for a high-quality solar system. Then you will not get free solar, you will get profitable solar because your using the power companies money.
It’s Best To Take Charge When Buying Solar
It’s best to cover all the bases yourself and not to depend on a company doing the right thing. Be aware of the solar system price, the financing and interest costs over the long term.
I highly recommend getting your own financing such as a home improvement loan or refinance with the solar included or just buy on credit. All solar companies require excellent credit in order to secure a twenty-year loan and then you pay up to $2500 in points. The solar company buries this cost in the deal because they don’t want you to know.
“Your Solar Advocate” is the best way to go solar because you get expert guidance through the entire process. The same expert knowledge of solar companies without the added costs of salespeople, marketing, closing points, and more. Florida solar report has given birth to a revolutionary idea in the solar industry.