Are Solar Panels Free

Securing free solar panels for your home requires some research and effort.

Are solar panels free.

Free solar in new jersey the term free solar panels is typically used to advertise solar lease or solar power purchase agreements ppas. They make more than enough profit over the life of the system to recoup the cost of equipment savings that should end up in your pocket. No free solar panels are not a scam. If you are one of the skeptics out there who thinks this sounds like a scam this article may help you to understand what customers are actually getting when they sign up for no cost solar panels and installation.

But wait that s not all not only can you get solar panels installed for free you also get dramatically reduced monthly electricity bills with fixed rates for as long as 25 years. Although most of these panels will only output about 50 75 of their normal capacity it s still an outstanding value for free. The solar energy produced on your roof will be used to power your home and reduce your power bills through net metering a program offered by your utility company. Entering a solar lease or solar ppa will still end up saving you money on your utility bills.

Solar panels hold value well because a functioning panel produces clean energy capable of charging batteries and powering homes when combined with other panels. Almost all solar panels require that you stay connected to the grid so you will always receive a monthly bill from us for at a minimum the regular basic service charge. Yes they ll put free solar panels on your roof but they also reap most of the long term value from owning the system. Free solar panels are not actually free.

You can actually get solar panels installed on your home at absolutely no charge to you. You have probably seen advertisements that say free solar panels or pay 0 for solar panels and installation. Costs cost savings there are several methods to acquiring a private generation system including direct purchase or lease. The leasing or ppa company does thus they receive any tax credits or financial incentives that come with the system.

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. You can go solar without paying a cent. You really can end up getting some expensive and powerful solar panels for free using this method. Free panels do exist but they are not always easy to locate.

Some of the free solar panels reportedly obtained can cost up to 2400 and more. You will pay for the electricity that they produce usually under a 20 to 25 year solar lease or power purchase agreement ppa. Staff by george musser on august 22 2011 it sounds too good to be true.