An American Value
Why Eco Green Advocates
First Party Ownership.
When you lease solar, you are still beholden to a third party for your energy and haven’t truly freed yourself to become your own utility.
Making the decision to go solar is the first step to gaining energy independence.
The next step is understanding why solar ownership is still the better option.
Another question to ask yourself before purchasing or leasing a solar system is, do you want to eventually have the option to sell your home? It turns out that some would-be buyers step away from a home they are interested in buying the moment they learn that they’ll need to qualify on credit to take over your solar lease payments for the next 15-17 years.
That’s why Eco Green encourages ownership versus leasing. By purchasing a solar panel system with cash, or financing the purchase with a solar loan, you can:
- Maximize the financial benefits of installing a solar panel system, rather than solely benefitting from the system’s environmental benefits
- Be eligible to reduce your federal and state tax liability through the federal investment tax credit
- Realize tax benefits by treating the solar panel system as a depreciable asset for your business
- Increase the market value of your home by installing a solar panel system that you own outright
So why else is ownership more beneficial to your bottom line? This distinction impacts the cost, maintenance, terms, financial offsets, and savings/returns on investment of your solar panel system. The savings from owning a solar system are significant. Purchasing a system presently pencils out to about 50 percent less than leasing over the long term with the payback period being as little as three years.
Eco Green is a true fiduciary.
We do not provide a financing service and we do not manufacture solar panels. We are a solar solutions provider and we believe everyone should have the ability to become their own power company. Why lease to a utility or third party for your energy when you can produce it yourself?
The Eco Green team is here to help guide you in making the right decision. Contact us today to talk to a Eco Green Solar Representative.