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Is it Easy to Get Financing from Milan NY Solar Companies?

The solar installation cost in Milan has decreased significantly in the last 20 years. Your home in Dutchess County will become more efficient with solar, and it will have a smaller carbon footprint. Installing Milan NY solar will also provide savings by reducing your utility bill. Over time, you can generate a return on your investment. Solar essentially pays for itself when it’s done right.

Although the cost of solar has decreased dramatically, the upfront cost is comparable to major home renovations. Most families choose to use financing to cover the solar installation cost in Milan.

Is it easy to get financing? Will you still save money and enjoy a return when you finance your system? Here’s everything you need to know about financing a solar panel installation in Milan, Dutchess County.

The Best Home Solar Company in Milan Works with a Trusted Financing Partner

When comparing solar companies, it’s easy to assume that they’re all mostly the same. This couldn’t be further from the truth. Like other types of home contractors, there are significant differences in the quality of work, level of service, and even the cost.

When it comes to solar companies, it’s important to choose one that works with a reliable solar financing company.

New York Power Solutions is one of the most experienced solar installers in the state. We have completed more than 5,000 projects for homeowners and businesses. Our customers have found us to be the best home solar company in Milan thanks to our in-depth evaluations, excellent service, and flawless workmanship. We provide financing through our solar partner, Sungage Financial.

Sungage aligns with our vision and our values. It’s one of the largest and most trusted solar financing companies in New York. Sungage launched the first online-based solar loan program in 2011. Today, it works with the top solar installers to provide accessible and affordable financing.

Through Sungage, we can offer split financing that leverages expected state and federal solar tax credits.

  • Split financing is available with no money down. The first stage of financing is interest-free.
  • The first financing term will be based on expected state and federal tax credits.
  • You can pay for the first term once you receive your tax credits.
  • The remainder of your solar bill will then be applied to a second term.
  • You can choose the length of the loan to keep repayments manageable.
  • Interest rates are competitive with the market.

Most homeowners are eligible for solar financing through New York Power Solutions and Sungage. If you have a good credit score, you could have solar installed with no money down and an initial interest-free period that helps you to easily transition into your life with solar at home.

If you’re interested in a New York Solar Installation, please call us. We’ll explain the process and get you energy independent as soon as possible!

Understanding Tax Credits and Incentives for NY Solar

There are a range of tax credits and incentives available to make solar more affordable. While there are some great options that you are likely eligible for, understanding all of these can be a challenge. That’s where an experienced Milan NY solar company can help.

Your detailed consultation and energy savings evaluation will include an evaluation of eligible tax credits and incentives. We’ll look at your situation to predict the credits that you qualify for, and then apply these directly to your financing. The state income tax credit is worth up to $5,000. The federal solar tax credit is worth up to 30% of the cost of the installation. These are significant and will greatly reduce the real cost of switching to solar.

We’ll give you a breakdown of the financing and total cost of solar. We’ll also provide a cost/benefit evaluation so that you can see the likely returns of solar over time.

Solar is clean and great for the environment. It’s also one of the best ways to save money. There’s no other home improvement that can provide as much value. With the information we provide, you’ll go into the project fully aware of the savings, pay-off time, and other key details. New York Power Solutions is your partner for clean and affordable energy at home.

We provide the information. You make the choice.

Get an Estimate from One of the Leading Milan NY Solar Companies

It’s easy to get started with your free estimate. Enjoy a detailed consultation with no obligation to sign anything. We’ll make solar easy by giving you clear and detailed information with all of the support that you need to make a decision that benefits you.

Contact New York Power Solutions today and enjoy the stress-free consultation process of the most experienced Milan NY solar company.