Residential Solar Energy
Maximizing Financial Benefits for Homeowners
With CREW, you have the best of all worlds. Plus our partner, GeoStellar, makes solar simple with advanced software.
Wondering why our customers love us so much? Keep reading…
The big innovation in solar was the solar lease. That is when the hockey stick growth started. You could get solar on your home with no upfront cost and pay a low monthly payment that was often less than your utility bill.
What’s not to love?
Benefits of Simple Solar Ownership
Whether you go solar with a loan, a lease, a PPA or an up-front cash purchase, you will likely save money on your utility bill immediately. However, the financial benefits of OWNING your solar energy system – either through a solar loan or a cash purchase – highlight the clear advantages of ownership.
Solar Loan Benefits
A solar loan offers the combination of hassle-free system coverage plus the financial rewards of ownership. While the “early innovators” turned a monthly expense (energy bill) into another monthly expense (lease payment), you’re turning a monthly expense into a $0 money down investment.
- Increases the value of your home.
- $0 money down solar loan
- Low, fixed interest rate
- Savings on your utility bill
- System performance guarantee
- Real-time monitoring
- Free maintenance
- Prepay at any time with no fees
- Maximized financial returns
- Collect the federal, state and local tax incentives
With our $0 money down solar loan, you can realize the maximum economic benefits of solar ownership, as well as a full service offering, including performance and maintenance guarantees.
We have included the most attractive benefits of a solar lease, while shifting more of the economics back to you, the homeowner, through ownership. With no out of pocket costs for your solar energy system, the solar loan makes upgrading to solar super easy.
In addition, the incentives and rebates from ownership are both real and substantial. Local, state and federal tax credits can potentially offset over 30% of the total cost of your system.
What’s more, your system may pay for itself in 5-10 years, leaving you with free solar electricity for the remainder of the life of your system which can be 25+ years. You’re shielded from rising energy prices, and your home value may increase – all while you produce clean solar generated electricity.
Your Monthly Bill Never Goes Up
With a lease, you make monthly payments every month, just like you are doing with your utility now. You never own your power and you keep paying for 20 years.
You convert one monthly expense into another monthly expense. Even worse, the solar lease companies actually add a yearly “escalator” so your payments go up every single year.
A payment that started at $100 a month will be about $200 a month after 20 years of “escalators” — and you are stuck with this for 20 years. These companies justify the increase because your utility bill over the last 40 years has gone up on average about 5% a year.
Since 2.9% is less than 5%, it seems like a bargain. Since the solar lease was $0 down, many people did not realize how much money they were actually losing. Some companies even add this “escalator” when you are BUYING the system!
There is a better way with solar energy…
With CREW, your payment never goes up – and you own the system. This is important because the federal government gives a 30% Investment Tax Credit (ITC) for every residential solar system in the U.S. This tax credit goes to the “owner” of the system.
Since the leasing companies own the system (you are just renting), they get the 30% credit. With a $30,000 installation, $9,000 goes to them instead of you – you are stuck with the payments, but they get the tax credit?
With CREW, you get the tax credit, and it goes directly to paying down your loan for the panels that you own. So if your system cost is $30,000, you pay $0 upfront, your monthly payments are fixed, and the $9,000 credit from the government pays down your loan, putting more equity in your pocket.
Thanks to Uncle Sam, your loan will soon be $21,000, instead of $30,000. And with CREW, there is no lien on your home. Not to mention you also get…
- A friend in the solar industry.
- A monthly expense turned into an investment in your home.
- A local solar installer that does your install and maintenance.
- A monthly payment never goes up (no “escalator”).
- The option to pay off your loan at any time with no penalty.
- The tax credits to apply to your loan principle.
- The maintenance, monitoring, and a guarantee included.