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ROOFTOP SOLAR PURCHASING OPTIONS 

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Homeowners have three primary options for purchasing a solar system: paying upfront in cash, securing a solar loan, or opting for a lease or Power Purchase Agreement (PPA). Cash payments and solar loans are the most financially advantageous as they allow ownership of the system, either immediately or at the end of the loan term. Leasing or entering a PPA, while removing upfront costs, does not lead to ownership even after substantial payments over time, making these options less financially beneficial in the long run.

BULLET POINTS 

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  • Cash Purchase Benefits for Solar Panels: Offers long-term cost savings by avoiding interest, simplifies the purchase process by eliminating credit checks, allows immediate enjoyment of energy savings and net metering credits without loan repayments, and provides greater control over system design and type. More Cash Benefits
  • Lease vs Loan: A residential solar lease offers the advantage of no upfront costs and includes maintenance and repairs, making it appealing for those who prefer not to manage the system themselves. In contrast, a solar loan allows homeowners to eventually own the system and potentially benefit from increased home value and tax incentives. Learn More 
  • Power Purchase Agreement (PPA) Advantages: Enables installation of solar panels at little to no upfront cost, with payment based on the electricity generated; locks in predictable energy rates, often lower than utility prices; and includes maintenance and monitoring by the provider, reducing homeowner responsibilities. Learn more about PPA's Here 
CASH PURCHASE
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Purchasing solar panels with cash has several advantages that can make it an appealing option for many homeowners. Here’s a summary:

  • Cost Savings Over Time: Paying in cash eliminates the need to pay interest on loans or leases, reducing the overall cost of the solar system.

  • Immediate Return on Investment: Since there are no loan payments, the savings on your electricity bills translate directly into returns on your investment from day one.

  • Increased Home Value: Owning a solar system outright can increase the value of your home. Potential homebuyers appreciate not having to assume a lease or loan.

  • No Credit Requirements: Buying with cash bypasses the need for credit approval, which can streamline the purchase process and make it accessible even to those with less-than-perfect credit.

  • Full Access to Incentives: Cash purchasers can take full advantage of government tax credits, rebates, and solar renewable energy credits (SRECs), which can significantly reduce the cost of the system.

FINANCING OPTIONS
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Bullet Solar provides three versatile financing options for homeowners looking to install residential rooftop solar systems, catering to diverse financial needs and preferences. These options include leases, loans, and Power Purchase Agreements (PPAs).
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SOLAR
LOAN 

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A Bullet Solar loan enables homeowners to own their solar panel system immediately, allowing them to take advantage of tax credits and increased property value while spreading the cost over time.

Benefits Include
  • Purchase and Finance 
  • Protection From Rate Hikes 
  • Predictable Monthly Payments 
  • Greater ROI than a lease or PPA 
        
Payments
  • $0 Down 
  • Customers Make Monthly Payments to Loan Provider
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SOLAR
LEASE 

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A Bullet Solar lease is ideal if you value simplicity, don't qualify for tax incentives like the ITC, and not concerned with owning the system afterwards.
Benefits Include
  • No Equipment Costs 
  • No Maintenance Worries 
  • Fixed Energy Prices 
  • 25 Year Warranty
        
Payments

 

 

  • Minimal to No Upfront Cost
  • Customers Make Monthly Payments to Bullet Solar
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SOLAR
PPA 

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A Bullet Solar Power Purchase Agreement (PPA) is a setup where Bullet Solar installs and maintains a solar system on a property at minimal cost, with the owner buying the generated power at a reduced rate.

Benefits Include
  • No Upfront Capital Costs 
  • Reduced Energy Costs 
  • No Maintenance Costs  
  • Better Tax Credit Leverage  
        
Payments
  • $0 Down 
  • PPA payments based on
       electricity generated
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Cash Purchase
Financing Options
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