No Money Out Of Pocket Solar Loans in Florida

No Money Out Of Pocket Solar Loans in Florida

September 11th, 2020 in Tax Credit, Tips
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Our solar financing solutions allow you to go solar in Florida with no money out of pocket solar loans. Without the need to make an upfront payment, we make solar power in Florida affordable for all homeowners. With 2020’s tax credit incentives available there has never been a better time to act than now! Here’s how it works:

1.49% APR – Payments Less Than The Utility Bill

Our solar financing solutions are tailored to make solar installations easy and worthwhile investments for homeowners. We do that by offering highly competitive loan rates, fast and easy credit approvals and minimal documentation requirements. With 1.49% APR, your payments will be less than the utility bill, providing free solar power for over 20 years! These low rates mean you’ll pay off the loan fast and enjoy a healthy return on your investment by saving money on your utility bills.

Our Florida solar financing solutions are also flexible. We use max approval loans, built for easy changes when project prices increase due to unforeseen complications or new ideas. The last thing you want is to have to refile for a loan. We work around that.

We also partner with a digital online portal and mobile app, with secure and user-friendly interfaces, allowing you to track your loans easily at any time.

  • 1.49% APR
  • Flexible terms
  • Fixed interest rates
  • Initial payments due 60 days after installation
  • No money out of pocket
  • Optional Prequalification
  • Instant Credit Approval for Qualified Applicants
  • Minimal Documentation Required
  • Suitable for Single-Family Homes, townhouses and row houses, duplexes and triplexes, vacation & Second homes and ground mounts.

Long Term Benefits of Florida Solar Loans

Solar loans are very popular in Florida. That’s because with a solar loan, YOU own the solar panels, without the need to use vast savings. That means you can receive all of the available rebates and incentives, including hugely rewarding Federal Investment Tax Credit. You also don’t have to pay for solar lease maintenance. Best of all, with our “no money out of pocket solar loans“, you can start saving immediately.

How Much Do Solar Panels Boost Property Value?

Many experts claim that for every $1 reduced in annual utility bills, a property’s value increases $20. That means if your Florida solar system saves you $400 a year, your home could now be worth $8,000 more than before. However, this ignores a bunch of other factors. As the world heads towards a climate crisis, solar power is likely to be essential in Florida homes. Solar is going to be highly sought after. By having these panels already installed, potential buyers don’t have to do the hard work of installing the panels. The job is already done for them. We’ve seen many homes picked over others because of solar panels, with buyers paying attractive prices.

The property value increase can also vary depending on the number of panels you have, if you have battery storage installed and whether it’s grid-tied or not.

Are Florida Solar Loans Right for Me?

Solar loans in Florida are perfect for homeowners who:

  • Want to own solar panels without paying cash up-front.
  • Want to immediately boost the value of their home, with a solar system installation.
  • Want to save money from day one, with incentives, rebates and monitoring all available.

How do Florida Solar Loans Work?

Just like any other loan, Florida solar loans have an annual interest rate, monthly payment requirements and a payback period. The good news for you is, ours require no money out of pocket. The monthly payments are also less than the utility bill!

The Benefits of Florida Solar Loans

  • You own the solar panels from day one.
  • You can receive federal tax credits in the first year.
  • Immediate savings over your electricity bills.
  • No money out of pocket.
  • Install solar panels, without the need for large cash sums.

The Last Year for Federal Tax Credits!

If you’re thinking of taking out a ‘FREE SOLAR’ loan, then 2020 is the time to act. As the year heads towards its conclusion, so does the Federal Tax Credits’ savings.

Although in 2020, you save a fantastic 26% on solar costs through Federal Tax Credits, that figure will drop to 0% over the next two years. In 2021, it will be just 20% and 0% in 2022.

Contact us today to find out much you could be getting back on your taxes. For example, if your Florida solar power installation costs $10,000, you could receive solar tax credits of $2600. Combine that with a no money out of pocket solar loan, and solar panels quickly become an affordable and rewarding investment.

Can I Get 2020’s Solar Tax Credits?

Time is running out, but as long as you get your solar installation started by the end of 2020, then you’re eligible for those Federal Tax Credits of 20%. Don’t waste time. Act fast. Act now!

  • Your solar installation must start in 2020.
  • You must be the property owner.
  • You must own the solar panels, not lease them (No money out of pocket solar loans making you the owner.)
  • All electric and fire code requirements must be met.

What About PACE Financing?

Many people ask about PACE Financing when considering solar loans. It’s important to note that PACE Financing is not a loan as it is paid through property taxes. Still, PACE Financing may be a suitable option for you. PACE Financing (Property Assessed Clean Energy Financing) may be suitable for you if you want to avoid a credit check or upfront cost or prevent yourself from being tied to the property. It’s perfect for anyone unsure about their future but wants to go solar.

Solar Loans in Florida

Our no money out of pocket solar loans make investing in solar easy for all, whether you’re a young couple owning your first home, or you want to go clean but don’t have the savings. Without the need for an upfront payment, you can get started today – saving thousands thanks to 2020’s Federal Tax Credits. Contact Florida Power Services “The Solar Power Company” today to get started on your Florida solar installation and to receive expert advice on solar financing and free solar loans. Lock in your price now, before it’s too late! Apply for a Solar Loan Today!

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