| Buying a Solar Power System vs. Home Solar Power Rental |
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Buying Your Solar Power System Advantages:
You own your solar power system You can have the system installed without a long wait
Buying Disadvantages:
You own your own solar power system Large initial investment with a long period to financial break even point Locked into one technology - if something come along in 10 years that drasticly improved solar power efficentcy you would be out your initial investment if you wanted to change over You have to go through the hassle of acquiring the permits You have to install or have a service install the solar power system You have to maintain or have a service program to service the system Have to apply and wait for rebates and tax credits An average of 8-15 years to break even on a system purchase
Calculator to Determine Solar Purchasing Cost
Home Solar Power Rental Advantages:
Solar panels, inverters, mounting equipment and electrical components are provided Installation is included Permits are acquired eliminating paperwork hassles Maintenance is provided Solar power system is monitored daily for performance Solar power system performance is reported to your personal web site Electricity rates are locked in for 10 years at a time saving thousands of dollars Solar assurance guarantee - electricity produced over plan is free Performance guarantee - if solar power system malfunctions rental fees are refunded for down time Referrals can drasticly reduce your solar power bill saving thousands of dollars added to the locked in rate savings Net Metering laws allow you to have a solar power system without the need for expensive battery storage.
Chart of pollutants eliminated by the addition of solar power
Home Solar Power Rental Disadvantages:
You will have to wait over a year to get the REnU solar power system installed in most states unless you are in some of the initial markets being opened.
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