Is a free solar system a thing? Installing solar panels on your home can be a great way to save money on electricity bills and reduce your carbon footprint. However, the cost of installation can be a barrier for some homeowners. There are ways to get solar panels installed on your home for free or zero dollars down in Australia.
PPA
One way to get a free solar system is through a solar power purchase agreement (PPA). Under a PPA, a solar company installs and maintains the panels on your roof in exchange for you purchasing the electricity they generate at a discounted rate. This can be a great option for homeowners who want to switch to solar power but don’t have the upfront capital to pay for the installation. With a PPA, you can start saving money on your electricity bills right away without having to pay anything out of pocket.
Solar Finance can be zero dollars down
Another way to get a free solar system is through solar finance. With solar finance, you pay a monthly fee to finance the panels and use the electricity they generate. Often, the amount saved on your electricity bill will be greater than the cost of the finance. The best outcome is making the system cash flow positive. This can be a great option for homeowners. Especially those who don’t want to take on the responsibility of maintaining the panels themselves. In some cases, the solar company takes care of all maintenance and repairs. This is ideal and allows you to simply pay a monthly fee in addition to the solar finance.
Finally, some state and local governments offer solar rebates and incentives for homeowners who install solar panels.
It’s important to do your research and compare options before deciding which option is best for you. The cost of installation, the size of your property, and your electricity usage will all play a role. All of these will determine which option is most cost-effective for you.
If you decide to go for a PPA or solar finance, make sure to read the contract carefully. Take time to understand the terms and conditions. You’ll want to pay attention to the length of the contract and the cost of electricity. Also, study carefully the terms of maintenance and repairs. It’s also a good idea to get quotes from multiple solar companies. This way you can compare prices and get the best deal.
What if I sell my home?
With a PPA, be aware that you’ll be locked into a contract for a set period of time. You may or may not own the panels at the end of the term. This needs to be considered if you plan to sell your home with the panels included. You may need to make arrangements to have them removed if you move.
On the other hand, if you decide to purchase the solar panels outright, you’ll have more control over the installation and be able to take advantage of any available rebates and incentives. However, you will have to pay the full cost of installation upfront.
Conclusion – Free Solar Systems
You can have solar panels installed on your home for free in Australia. Whether you opt for a solar power purchase agreement, solar finance, or putting it on your credit card, there are options available to help you switch to solar power without breaking the bank. Be sure to do your research, compare options, and understand the terms and conditions before making a decision. With the right approach, you can start saving money on your electricity bills, reduce your carbon footprint and support the growth of clean energy in Australia. Make sure you use a CEC-accredited installer for obtaining quotes.