Cost Of Solar Continues To Fall

With the price of solar continuing to fall the option of buying your solar rather than leasing is the smart move.  Here at Smart Commercial Solar we give you a range of options including the ability to get your solar for free through our PayG model for business.  Here's an excerpt from a recent story:

The price of rooftop solar systems for residential and small business continues to drop precipitously, and consumers are increasingly choosing to buy their systems rather than lease them to reap the full financial benefits.

Rooftop solar systems that used to cost as much as a luxury car five to 10 years ago now cost about the same as an economy car, or about $15,000 or $18,000 on average. And, the return on investment for a solar system is now estimated to be from three to five years, depending on government rebates and tax incentives and the region in which they're installed.

In 2014, 72% of residential solar systems in the U.S. were owned by a third party, such as SolarCityVivant Solar andSunrun, according to a report by GTM Research.

That means most consumers leased their systems or were under a power-purchase agreement (PPA) with a solar provider.

Read the rest of the story here.