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Backyard Revolution

by princy william (2019-04-12)

One of the most common barriers to Backyard Revolution Review installing personal solar power, however, is the up-front cost. When purchased through traditional methods, solar can be very expensive for the average homeowner to install. Although there are many cost savings that will be achieved after installation, this initial cost is often too much for many to handle. Partly because of the increased popularity of solar power, many alternatives to traditional purchase have arisen. You might be surprised at your ability to afford solar panels.Financing One way that electricians and solar power specialists are making solar panels more affordable is by offering financing. Rather than paying for your panels all at once, there are many different financing options available. Many companies offer their own financing, while others partner with banks and other lenders to give you a variety of options for the payment of your panels. As with any other loan, financed panels come with a monthly fee. Once your loan is paid in full, you own the panels free and clear.Solar Leasing Similar to financing is a solar leasing plan. A solar lease is one of the most recent developments in the solar power industry. Rather than financing and purchasing your own solar panels, however, you lease them from a solar leasing company. In most cases, the company will install the panels on your home or business free of charge. You can then use them to generate electricity, which is pumped back into your home, with any excess being directed back into the electrical grid. Like a loan, there is a monthly fee associated with this option. In most cases, however, you will experience enough of a drop in your overall electric bill to start saving money during your first month of operation.