Tag Archive | "Homeowners"

Details of CT Solar Lease

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The CT Solar lease is good news for the home owners of Connecticut.The solar technology is fast emerging as the new mode of energy generation but as the solar panels installation is expensive, not everybody can afford to buy and install them. To overcome this issue, the lease method of payment and acquiring is fast making its way in this industry and avenue to facilitate people in benefiting from this method of power generation.

Qualifying Terms of the Deal

CT Solar Lease in Connecticut

In order to qualify for this deal the homeowners must confirm to certain standards set for the availing of this deal, the FICO credit score has to be a minimum of around 650 or more. You also have to be a customer of CL&P or UI utilities, besides this the approved installer shall analyze if your home is fit for the solar installation. This would generally mean that your roof is minimum shaded and is in good suitable condition for the installation and your roof faces South East, South West or South. Another criterion which threshold may vary with the no of people living in your home is that your household must be generating less than the 200% of your area’s median income. The logic behind this is that if this is not the case then you might be in a position to benefit from the 30% Federal tax credit. However, the amount of home equity left in your home is not considered or a criterion in the availing of this deal.

No Upfront Charges

There are no upfront charges associated with the deal.

Lease Term

The Lease term is a minimum of 15 years, extend able to 20 years, the lease is transferable to the buyer. The solar system can be bought at the fair market value (FMV) after 20 years, this might mean a very nominal amount.

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Getting Residential Solar System in New York

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If you fill out the correct information in the survey on the New York solar power website, then one of the Now York experts on solar energy will surely call you. He will assist you about solar assessment free of charges and also offer you the latest details about the rebates and tax incentives in New York.

Survey

New York

Tick an option of the solar power Solution(s) valid for your place. Check all those choices that are relevant to you:

  • Solar Electricity
  • Solar Pool Heater
  • Solar Water Heater

Provide More Precise Details

If you present the right details, you will get hold of more correct assessment. This is especially true for the amount of your power bill every month. If the information is combined with your energy supply company, its rates can be checked via some other mean, and then you will obtain more precise usage of your existing requirements of power for each month.

This information will assist you to decide about the amount of solar panels required to supply you the percentage of solar power to fulfill your requirements.

Free Solar Assessment for New York

New York undoubtedly is one of the highly developed states in the U.S with reference to the utilization of renewable power. In fact for New York inhabitants free of cost solar assessment is available through net.

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Solar Pioneer Program for Homeowners

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Solar panels are the best way to generate electricity for the home use. In America many companies are also promoting the use of solar panels by providing very reasonable loans for the solar energy systems. Government also provides subsidy on the solar panels so that every one can use and install these panels in home and can save more energy.

Solar panels are especially designed according to the use of users and to minimize the energy crises. These solar energy systems are very useful for you and also for the environment and society.

Useful aspects of solar energy

Useful aspects of solar energy

There are many useful aspects of solar energy. Following are some points that show the benefits of solar energy.

  • Solar panels are helpful for the environment, as they do not produce any pollutant in the environment.
  • Solar panels also help to minimize the consumption and usage of fossil fuels, as you do not need to burn natural gas or petrol for the electricity generators.

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Leasing Solar Panels

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It’s true that getting a solar panel for your home is an effective way to immediately cut your expenses and get rid of power made from coal plants. Buying a solar panel costs a lot but even then it sounds an economical decision on long run.

Focusing on the fact that average class homeowners can not afford to buy a solar panel, some entrepreneurial companies have started solar panel leasing for interested homeowners.

Rental Companies:

Citizenr’s REnU program is having several advantages over traditional solar panel purchase. The other solar panel releasing companies are:

  • FreEner-g is developed initially in Minnesota for serving the Minneapolis/St.Paul Area.
  • In Connecticut there is CT Solar Lease.
  • Serving for Arizona, California, and Oregon is SolarCity.

How These Companies Work?

Though these companies are having different terms and conditions but the basic thing about leasing solar panels is consistent in each package. To have that rental solar panel for your home needs, you have to deposit initially almost $500-$1,000. You can refund this deposit money at the end of your lease. This is the initial process and after that solar panels are installed at your place, according to your household’s energy needs. Every month you will have to pay the rent to the company that leased the panels. Read the full story

New Financing Schemes To Make Solar More Affordable

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The general idea we all have about installing solar panels is that they are very expensive and due to that, unaffordable although they do offer long term benefits, but putting in $20,000 to $30,000 in cash upfront to install a solar system on the roof of your home is not an easy thing to do.

solar panels roof

However, the good news is that many Bay Area solar companies that include Akeena Solar, SolarCity, Sungevity and SunRun, are in the process of starting new business models through creative financing mechanisms to make rooftop solar more affordable.

Most of the local and state governments, including Washington, are willing to help. The White House is already busy promoting a new form of financing generically known as PACE, or Property Assessed Clean Energy, which allows private property owners to pay for renewable projects like solar and energy efficiency upgrades through an addition to their property tax bill.

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Fed Gives $2.2M To Help Homeowners Go Green

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The Wyoming State Energy Office has acquired more than $2.2 million of federal money giving homeowners new incentives to install renewable energy systems.

go green

The money will be used to help homeowners reduce the costs of solar, wind and ground renewable source energy installation. If the applicant is successful, the homeowner will be able to get up to $10,000 or 50% of the costs, depending on the size of the project.

More than 400 applications are expected to apply, out of which the successful ones will be decided upon a first-come, first-served basis. Projects that are already completed or under contract aren’t eligible.

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