When it comes to solar payment options you are spoiled for choice with EFS Solar.
Solar installation is a significant investment, regardless of how you slice it. While solar’s long-term savings and benefits are hard to beat, the upfront cost can be a bit of a deterrent for many homeowners. That’s why EFS Solar offers our customers cash and payment plan options! Which option is right for you depends on your financial situation and how long you want to take to pay off your solar system.
Solar payment options:
UPFRONT PAYMENT FOR SOLAR INSTALLATION
Choosing the upfront payment option for your solar installation will allow you to avoid any interest payments from an interest bearing loan in the long run, as you’ve already paid for the system in full. This can be a great option if you have the cash available and want to reap the rewards of your solar installation sooner rather than later. In addition, with this method, you can take advantage of any potential government incentives or tax credits that may apply to your purchase.
Paying for your solar installation upfront often means that you can spend less, as the solar company is incentivised to offer a more attractive price when you pay in one lump sum. In addition, solar companies such as EFS Solar also offer additional discounts on your solar system’s total cost when you choose to pay upfront.
PAYMENT PLAN FOR SOLAR INSTALLATION
The payment plan option allows customers to spread out the cost of their solar installation over a period of time, making the upfront cost much more manageable. In addition, solar companies such as EFS Solar offer payment plans that are interest-free, so you don’t have to worry about accruing extra costs while paying off your solar system over time.
Additionally, the regular payments on a payment plan are usually lower than what you’d be paying in electricity bills each quarter (assuming you’re using the same amount of energy). This means that not only are you saving money on your electricity bills, but you’re also paying off your solar system at a lower cost.
Again, your choice will depend on your financial situation and how quickly or slowly you want to pay off your solar installation. Whichever solar payment option you choose, EFS Solar is here to help make the process easy and stress-free! Contact us today for more information on our solar payment options.