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Solar Electric Systems - What You Need to Know about Leasing PowerPoint Presentation
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Solar Electric Systems - What You Need to Know about Leasing

Solar Electric Systems - What You Need to Know about Leasing

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Solar Electric Systems - What You Need to Know about Leasing

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  1. Solar Electric Systems What You Need to Know About Leasing © 2012 American Solar Electric. All rights reserved.

  2. Solar Electric Systems What you need to know about leasing • How it works • What it costs • How to reap the advantages An experienced solar contractor can help you through the process. © 2012 American Solar Electric. All rights reserved.

  3. Solar Electric Systems More Homeowners Favor Leasing • Preferred method for purchasing solar • Two options for leasing solar: • Low, upfront lease • Prepaid lease • 44% of solar installs in March 2011 were owned by a third party company. • By February 2012, that number increased to 75% and is expected to rise in the future. © 2012 American Solar Electric. All rights reserved.

  4. Solar Electric Systems How Leasing Works • Solar contractor partners with financial company to provide leasing services • Contractor designs customer system and installs it • Leasing company purchases system and leases it to homeowner • Maintenance is included © 2012 American Solar Electric. All rights reserved.

  5. Solar Electric Systems How Leasing Works • Low, upfront lease offers benefits of solar with little or no upfront costs • On low, fixed monthly payment • Locks in electricity rates for length of the agreement, typically 20 years • Pre-paid lease pays more upfront but has higher utility savings over the life of the agreement © 2012 American Solar Electric. All rights reserved.

  6. Solar Electric Systems Leasing Advantages • Affordability: you don’t have to come up with a large payment for a solar installation. • Flexibility: typically, a leasing company will offer different investment options like a low upfront or pre-paid option. • Consistency: because your monthly payments are fixed with the low upfront lease, you’ll know exactly what your electricity is going to cost you for the next 20+ years. © 2012 American Solar Electric. All rights reserved.

  7. Solar Electric Systems Leasing Advantages • Savings: The fixed monthly cost for solar power will be less than your traditional utility bill. • Maintenance-Free: Since the leasing company will own the solar electric systems, they will manage installation and monitoring. • Eco-Friendly: In addition to locking-in your electricity rates, you’ll be using clean energy. © 2012 American Solar Electric. All rights reserved.

  8. Solar Electric Systems Leasing not only makes great financial sense, but it will help you do your part in protecting the environment. © 2012 American Solar Electric. All rights reserved.

  9. How Solar Works About the Author Joy Seitz is VP of Business & Policy Development at American Solar, one of Arizona's leading solar companies who designs and installs solar electric systems and solar hot water systems. Visit us at http://www.americanpv.comfor more information about Solar Electric Systems. © 2012 American Solar Electric. All rights reserved.