Investors are Going Big on Solar – So Can You with Smart Solar Financing
The solar market has become popular with speculative investors. Continued growth and high demand for solar equipment and services have made some solar stocks among the most popular on the market. Just last week, the news was revealed that billionaire investor Steve Cohen had made massive investments in two key solar stocks. Cohen, who became well known for investing in high-risk/high-reward stocks, considers solar to be a somewhat safe bet in today’s market. This is because the continued demand for solar services is likely to contribute to growth at America’s largest solar companies, which could positively affect stock prices. If you want to invest in solar, you don’t have to go the stock market route. You can look at it from a practical sense by investing in solar power on Long Island with the help of smart solar financing.
What Makes Solar Power on Long Island a Great Investment?
You can look at solar power on Long Island as an investment, with the dividends paid over the lifetime of ownership.
Solar saves you money because it reduces how much electricity you will need to buy from your utility provider. It can even generate credits on your utility account when you export excess electricity generated during the day.
Over the lifetime of solar power on Long Island, you’ll likely enjoy a return on your investment. Solar panels last an average of 25 to 30 years, and most systems pay for themselves within the first decade. This means that savings beyond the initial pay-through period can be considered profit.
And, unlike most stock market investments, you can invest in physical solar power on Long Island without risk. The team at Long Island Power Solutions will provide you with a cost/benefit analysis before you put any money down or commit to the installation. So, you can learn whether solar is worth it before you go ahead.
Smart Solar Financing Makes it Easier
One of the great things about getting a Long Island solar installation is that you won’t have to worry about putting down the entire cost upfront.
Smart solar financing makes it simpler to get connected to solar. Our smart solar financing model splits things into two unique terms.
- The first is an interest-free loan, based on your expected solar tax credits. You’ll pay this first loan once your solar tax credits are received.
- The second is a standard loan with a competitive interest rate. You can choose the term to suit your finances. A shorter loan will have less interest but higher repayments. We’ll help you to choose smart solar financing that is best for your needs.
Most families choose smart solar financing with repayments similar to their existing utility bills. This helps to keep household expenses stable while paying for solar.
Remember, once you’ve fully paid for your Long Island solar installation, all of the savings go right back into your pocket!
Learn About the Cost of Solar Power on Long Island
Get an estimate for your Long Island solar installation. Estimates, consultations, and cost/benefit analysis are all free.
When you’re ready to move forward, we’ll get you set up with smart solar financing with repayments that suit your financial situation. Solar is simply one of the best investments you’ll ever make. Get started with Long Island Power Solutions and work with the best installers in the state.