Over the last decade, highly efficient photovoltaic (PV) systems have become more affordable than ever. Factors are growing each year:
Innovative design and engineering techniques are leading to improved product yield. Worldwide, dozens of reputable manufacturers are competing for market share, further driving down costs. Federal, state and municipal regulators are encouraging implementation through tax incentives and rebate programs.
DFW Solar Electric and GreanGrid Solar have partnered to provide a solution to help homeowners take the big step towards renewable energy.
Solar Leasing reduces your up-front Investment
Under a solar leasing arrangement, DFW Solar Electric will install and maintain the system on your property. GreanGrid will own the system and administers the lease. The homeowner purchases the electricity it generates at a fixed, predetermined rate.
Electricity your system produces in excess of what is consumed is counted as a credit and channeled to the power grid. When your system does not produce enough electricity to meet your needs, your credit is drawn down. You only pay your local utility when your credits are exhausted.
Solar Leasing Terms are Affordable
Lease payments for a 2500 sq ft – 3000 sq ft home will be in the range of $50 to $60 per month. This type of a system will typically provide up to 90% of your electricity needs during the winter and up to 60% of your needs during the summer.
If you sell your property your lease can easily be transferred to next property owner at no cost to you.
If you’ve had the system more that five years, you have the option of purchasing it outright and including it in the sale of the property. Studies have shown that solar-energy systems can significantly increase property resale values.