Will solar panels lower my house payment?
Will solar panels lower my
house payment?
One of the questions I get asked frequently is “Will solar panels lower my housing payments?” The answer is- it depends.
There are five different types of financing that you can choose:
- Industry financing.
- Cash
- Second Mortgage
- Credit Card
But the most efficient way that saves homeowners the most money is #5,
5. Combine their solar panel payment and mortgage into ONE loan.
The reason that's the most powerful is because of the short term and long term savings as well as the lowest payment possible. Now your old power payment is going towards paying off the mortgage!
Next Steps:
Our advice to you, is COMPARE. You know you want solar, so compare the different financing options and figure out the one that works best for you and your goals.