Financing Options

When you’re as passionate about alternative energy as we are, you spend lots of time gushing about the gazillions of different reasons you should go solar immediately (I mean, we’ve got our finger on the pulse of a movement that can save our neighbors a bunch of money while saving the planet…you think we’re just gonna keep that to ourselves?).
 
But we know that while we’re busy preaching the cost-savings of a new rooftop array, carbon footprint reduction, DC-to-AC current conversion and energy backflow, sometimes it seems like our audience is only thinking one thing: “Well, yeah, but…don’t those things cost money?”
 
Here at Sun Solution Solar we’re dedicated to providing solar panel installation in Columbia, MO for as many homes and businesses as we possibly can, and that means we’ve had plenty of experience flexing our financial muscles, helping our customers navigate the range of financing options, residential incentives, federal grants, tax credits, you name it. We want to share that expertise with you, so no matter what your financial reality is, we want to find a way for you to start generating your own energy courtesy of your local Columbia solar installation company.
 
You may even qualify for our risk free purchase offer, which means if your post-installation payments aren’t cheaper than your average monthly electric bill, then we’ll refund you for the difference up to $600. Guaranteed. Give us a call and ask us how to qualify—this is just one of the ways we seek to help our clients find the best options to finance their Columbia Missouri solar installation.
 
But there are a host of other available incentives for both residential and business solar installation. Here’s a quick rundown of the cost-savings opportunities that we’d like to help you maximize:
 
Residential Incentives
 
1. Federal Tax Credit – This one’s pretty awesome because all you have to do is purchase and install solar (either at home or at work) and you’ll qualify. This 30% federal tax credit goes a long way toward covering that initial investment so that start-up cost won’t seem nearly as steep, especially since you’re investing in a system that’ll only save you money from there on out.

2. Empire Electric Solar Rebate – Customers of Empire Electric, rejoice! Empire offers a rebate of $0.50 per watt (to $12,500) for those of you make a solar purchase and installation at home. That means Empire will Give. You. Money. They will give you, for example, $5,000 if you were to purchase a 10-kw system).
 
3. Duke Electric Rebate – Now those of you with Duke Electric aren’t left out of the deal either, and in fact their offer is $1.00 per watt, so you’ll be able to have an additional investment coming from Duke if you make the switch to solar, and we here at Sun Solution Solar have had plenty experience helping connect our clients to the financial incentives that are waiting there for them.

Don't let the cost of going solar scare you. We have financing options to make the transition affordable.
Call us at 573-234-4524 and let our solar energy consultants go to work for you!

Business Incentives
 
1. Depreciation and Tax Credits – Remember that 30% federal tax credit for Missouri residential solar installers we just mentioned? Well businesses aren’t left out in the cold. Commercial solar purchases also automatically qualify for this nice credit to help ease initial investment costs.
 
2. REAP Grants – The Rural Energy for America Program (maintained by the US Department of Agriculture) guarantees loans for as much as 25% of your total cost of solar transition for agricultural and rural businesses. If your business is located out of the metro area, there’s a pretty decent chance you qualify. Check out the USDA eligibility requirements HERE (https://www.rd.usda.gov/programs-services/rural-energy-america-program-renewable-energy-systems-energy-efficiency) to see if you qualify.
 
3. PACE – Missouri also features its own financial incentive program designed to encourage those solar energy pioneers to make the transition. The Property Assessed Clean Energy program allows local and state governments to help fund up-front costs for energy improvements, which the owner can then repay over time via property assessments. An innovative financing option you’ll want to take advantage of if you’re considering commercial solar installation in Missouri! You can find more info and qualifying guidelines at the PACE site HERE (http://pacenation.us/pace-programs/)
 
This is just a brief look at the many financing incentives that you can use to help reduce the initial start-up costs and maximize your cost-savings, another solid reason to take the next step and embrace Solar Mo.
 
Here at Sun Solution Solar, we’ve helped countless homeowners, business owners and agricultural properties navigate these incentives and tax credits, and we’re here to make it as easy as possible for you to save money. So give us a call at 573-324-4524 and we’ll be happy to breakdown any of these programs even further to identify the cost-savings offerings that work best for you.