Do you hate your PG&E bill? Do you want to reduce your PG&E utility bill ? Well, you have some good options with Songavity, Solar City, SunRun and many others who are offering solar financing which requires very little or no upfront cost from the home owners. This might be one of the best options to eliminate your PG&E bill for your Saratoga home. Watch this sample video to see what Solar City might be offering for you in Saratoga:
The way Solar Financing programs work is that these solar companies are purchasing the power generated from your roof at deep discounts. These companies then sell the utility generated from your roof to PG&E and pocket the difference to cover their cost of the equipment and the installation.
What is the benefit the home owner you ask? Well, home owners benefit from the reduced cost of utilities and the addition of Solar power should also make the home more marketable since it will cost much less to own and operate such a home. You will also reduce your carbon foot print which is a good thing for the environment.
But, the math is not quite that simple since your roof must catch enough sun to generate the minimum amount of solar energy these companies need to generate to recover the installation cost which is amortized over 15 years. In fact, for our home in Los Gatos Solar panels are not an option since the tall trees in the back and front yard are preventing enough sun exposure to justify a solar panel installation. That’s why we have to wait for much more efficient solar panels that produce much more mega watts per sqft of roof space before we could go solar.
What are you doing about your rising utility costs and carbon foot print?