Smart Solar Financing on Long Island
Solar power has been in the headlines in recent weeks. The Inflation Reduction Act of 2022 has guaranteed solar tax credits until at least 2032, and the domestic solar manufacturing industry is expanding. Some of the most recent news has focused on solar affordability and even solar scams that have been discovered in some areas of the nation. What the news sometimes misses, is the fact that you can get SMART solar financing, even with no money down. With Long Island Power Solutions, you can join our SMART Solar Program and enjoy all the benefits of solar with affordable monthly payments.
Here’s how it works…
SMART Solar Financing for Your Home
A solar system is a significant investment, but it can pay dividends. You don’t need all the money upfront to pay for your system outright. You can get SMART solar financing with the help of the team at Long Island Power Solutions.
Our financing is designed to be simple while saving you money…
- You can get solar with no money down. If you have a good credit rating, chances are that you can get financing approved for your entire Long Island solar installation, including panels and battery backup.
- The initial loan is interest-free. This first loan is based on expected solar tax credits. We’ll even help you to figure out which credits are available, including the 30% federal solar tax credit recently approved by Congress.
- The first loan is paid in full once you receive your solar tax credits.
- The rest of the bill is applied to a second loan. The length of the term is up to you when you choose SMART Solar Financing. You can choose to pay off the system quickly to reduce the total cost of interest. Or you can spread it out longer to start saving immediately. We’ll help you to find the right term that suits your unique needs. The second loan is offered with a competitive interest rate, regardless of the term.
We work with the most trusted solar financers in New York State. SMART solar financing is the best way to get solar panels on your rooftop.
Are the Savings of Solar Power on Long Island Real?
Countless national news stories have promised consumers savings with rooftop solar power. Is it true that you will save money with solar power on Long Island?
The quick answer is yes. With no hidden strings or conditions, you will save a considerable amount of money with solar power on Long Island. Most owners will generate savings equal to the cost of the system within the first decade of ownership. Solar panels last an average of 25 – 30 years, so there’s ample time to generate a return on your investment once the system has paid for itself.
And there are other ways that solar creates value. According to a recent article published by House Digest, going solar will increase the value of your home. Because solar power on Long Island lasts such a long time, you can regain the cost of investment even if you don’t plan to sell soon.
Get a Free Estimate and Plan Your Long Island Solar Installation
A Long Island solar installation is available with the team at Long Island Power Solutions. Our SMART Solar Program includes benefits like a free estimate, a detailed energy savings consultation, and a cost/benefit analysis.
We don’t like to leave our customers guessing. The cost/benefit analysis will let you know how much you could save with solar in the years to come, compared to the initial cost of investment (or total cost of financing).
Get your free Long Island solar installation estimate based on satellite data today. We’ll take things from there. With SMART solar financing, there’s never been a better time to go solar at home.