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We, humans, are bound by the usage of electricity. High electricity bills are no shock, but the consequence of increased electricity consumption is spending a part of your income. There are solutions available to reduce the electricity bill cost: Solar panels. Solar panels are a practical solution that can save money, but installing them requires a lot. 

For this, you can opt for solar financing. In California, solar financing services can help you switch to solar energy without paying the entire cost upfront.

Solar financing is a way to pay for solar panels over time instead of paying the entire amount upfront. There are three main types of this financing: solar financing: loans, leases, and power purchase agreements (PPAs). You can choose what type fits best for you. 

To save money on your solar installation, you can do a few things:

Get quotes from multiple installers and financiers: Financing solar panels in California is a way to save money, but you must go for it carefully after doing proper research. Getting quotes from different financers helps you to compare prices and find the best deal.

Get them on a lease: Instead of buying the solar panel, you can get them on a lease. It’s one of the best solar financing types that can save money. The solar company will install and maintain the panels on your roof for the lease. You will then pay the solar company a monthly fee for the electricity the panels generate.

Negotiate with the finance provider or installer: Negotiate with the finance provider or installer. Do the talk and try your negotiation skills. Be prepared to walk away if you are not happy with the deal that you are offered. This will get you a better deal. 

Take advantage of federal and state tax credits and rebates: Take advantage of federal and state tax credits and rebates. Several tax credits and rebates are available to homeowners who install solar panels. These can help to offset the upfront cost of solar financing. Check with your local utility company as well for additional rebates or incentives. 

Solar financing can be a great way to save money on your solar installation. By following these tips, you can save even more money and make the switch to solar energy more affordable. We offer low-cost solar panel installation to people considering going solar in Kern County at Discount Solar. To get a quote or to know more, Checkout our website now!