A very good result would be for you pay half the cost of your system up front while the government funds the other half.
Government free solar panels for home.
A recent study found that solar panels are viewed as upgrades just like a renovated kitchen or a finished basement and home buyers across the country have been willing to pay a premium of about 15 000 for a home with an average sized solar array.
You can actually get solar panels installed on your home at absolutely no charge to you.
To give you an idea of the solar reflectance of several finishes for example white paint has an absorptance of 0 2 and a solar reflectance is 0 79.
But wait that s not all the free solar panels installed on your home are warrantied monitored and maintained by your solar service provider again at no charge to you for as long as 25 years.
A few facts on solar government tax credits.
Can you install solar panels for free due to government rebate programs.
Yes there are legitimate installers that will put free solar panels for your home.
In most cases the roof would only need to be painted white or topped with an aluminum sheet.
Government funded solar panels there are no grants for solar panels in the traditional sense of the word from the government that will pay in full or in part for your solar panel installation.
You will pay for the electricity that they produce usually under a 20 to 25 year solar lease or power purchase agreement ppa.
Free solar in new jersey the term free solar panels is typically used to advertise solar lease or solar power purchase agreements ppas.
But the catch is that they require you to enter into a solar lease or power purchasing agreement ppa.
If all your attempts at procuring free solar panels fail or you aren t able to spend the time and put in the effort to do the work consider getting a solar pv system installed for free through a solar power purchase agreement.
The bottom line is there might be a free solar panel scam lurking out there but it isn t coming from any reputable solar company like ours.
The solar power system installed must be new.
Part of this initiative was to provide a loan to homeowners which could be used to install solar panels.
These offers entice people with a no cost way to go solar.
They own the system and sell energy to you at a discounted rate.
What they offer instead is a scheme called the feed in tariff which pays you money for 20 years after your solar panels have been installed.
Plus if they ever decide to sell their home they will benefit because on average solar panels increase a home s resale value by almost 6000 per installed kilowatt.
In the short term probably not.
Additionally there is evidence homes with solar panels sell faster than those without.
However that s not the end of the story.
Free solar panels are not actually free.