Installing residential renewable energy systems, such as solar panels, wind turbines or fuel cells, can be a significant investment. Typical costs for such systems may range from $10,000 to $50,000. If you want to purchase the system outright, there there are a number of options: cash, home equity loans or personal/private loans. If purchasing a system is too significant of an investment, there are two other incredibly economic ways to install a system in your home: leasing and purchase power agreements. Read more to find out!

No matter what financing mechanism you end up choosing, adding a renewable energy system is beneficial in so many different ways but what is most attractive is that over time, the implementing such as system can potentially cost you nothing. How is that possible? The benefit of installing a renewable energy system on your home is that you produce your own energy and are no longer purchasing it from your utility provider. When you finance a renewable energy system, the cost is your monthly payment. Depending on where you live, the size of your electric bill and other factors, it is very possible that the amount you save on your electric bill is more than your monthly financing payment for the renewable energy system. We're pretty sure you wouldn’t mind paying $150/month if you system reduced your electric bill by $175/month. To find out more, you can request a free solar consultation.