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Solar Energy Panels .pdf



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Solar Energy Panels

Published by:
http://www.shinesolar.com/solar-financing-101-2/

One of the major problems facing homeowners and businesses wishing to install and
operate solar energy systems for their properties is the high upfront cost of purchasing a
system. Solar panel manufacturers must plan, manufacture, install and maintain solar
products. In most areas federal, state, and local governments are willing to offer loans,
tax credits and incentives to ease the burden of purchasing solar panels. A small
number of banks and other financial institutions are willing to offer financing, in the form
of home improvement loans for solar technology. Manufacturers and installers often
offer financing for solar panels; alongside lease and power purchase agreements that
can drastically reduce the cost of a solar system.Click here: Solar Financing

The electricity created in these panels is then passed along to power home appliances,
heating and hot water supplies. After the upfront costs have been paid, the building
owner usually sees a large monthly reduction in utility bills. Users of solar technology
also have the satisfaction of helping conserve the planet by powering their building with
a technology that does not emit pollutants into the atmosphere. Federal, state and local
governments are often prepared to assist a solar panel purchaser in the form of loans,
and mortgages.
Government insured loans are often processed through banks, and other financial
institutions approved by government agencies.
When a building owner is attempting to gain financing for solar panels without going
through a government endorsed scheme a home improvement loan can often be
secured for solar technology through a bank or financial institution. The addition of solar
panels can improve a home by increasing the value of the property without affecting the
amount of property taxes paid on a property. Outside the traditional methods of

financing solar products some manufacturers are willing to offer lease, or power
purchase agreements to potential customers. Lease agreements allow a manufacturer
to design, install and maintain a solar power system at a property; to pay for the cost of
the system the property owner pays a monthly fee for the solar panels. Visit this: Net
Metering
Power purchase agreements are similar to lease options, with the property owner
purchasing the power
created

by

the

installed solar panel
system

from

the

manufacturer; a small
monthly maintenance
fee is usually charged
by the manufacturer.
These options are often popular because the manufacturer is responsible for all the
upfront costs of planning and installing the solar products, along with the cost of
maintaining the system. The use of solar power technology is important for the future
because it can reduce our reliance on non-renewable fossil fuels, such as oil, coal and
gas. By introducing and maintaining larger numbers of solar panels to buildings the
reliance of countries on imported oil can also be reduced. Get More Info

Summary:
Shine Solar is a provider of solar energy panels for households and businesses in
northwest Arkansas and southwest Missouri regions. They help to bring down the utility
payment drastically and contribute in reducing the global carbon footprint.

Visit this site to learn more:
http://www.shinesolar.com/how-does-net-metering-work/


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