As interest rates for solar loans continue to rise, it’s becoming more and more expensive for homeowners to go solar. Don’t let interest rates for solar increasing stop you from going solar, today is still a great time to buy solar panels while interest rates are relatively low. For example, the standard solar loan with Impact Solar typically has an interest rate of 1.99%. But that rate is increasing to 2.99%.
Interest Rates For Solar Increasing on October 1st, 2022. Be smart and beat inflation, lock in a great interest rate and the cost of power for your home.
Solar panels are a great investment not only because they can save you money on your energy bill, but also because they lock in your cost of power for your home. With the cost of all good, including electricity, rising all the time, solar panels can help you take control of your power costs and save money in the long run.
So if you’re thinking about going solar, don’t wait any longer, it’s important to act now before interest rates go any higher, and it costs you thousands more over the course of your loan.
Now is the time to buy solar panels and start reaping the benefits of clean, renewable energy for your home.
Lock In Your Cost of Power and a Low Interest Rate
Solar panels are a great way to take control of your power costs. With solar panels, you can lock in your cost of power for your home, which can protect you from future rate hikes. The average homeowner can save up to $1,000 a year by going solar, so it’s a great way to reduce your energy bill.
Solar panels are also a great investment because they increase the value of your home. Homes with solar panels typically sell for more than homes without solar panels, approximately 5-9% according to Zillow and Redfin. So if you’re thinking about selling your home in the future, solar panels can help you get more money for your home.
Save Money On Your Energy Bill By Going Solar Now
One of the best reasons to go solar is that you can save money on your energy bill. Solar panels are a great way to reduce your reliance on the power company, and they can also help you save money.
Interest Rates for Solar Increasing, So Now is the Time to Buy
If you’re thinking about going solar, now is the time to act. Interest rates for solar loans are increasing, so the cost of going solar is going up. However, you can still save money by locking in a lower interest rate today. So if you’re considering solar panels for your home, now is the time to buy while interest rates are still relatively low.
Solar panels are a great investment not only because they can save you money on your energy bill, but also because they lock in your cost of power for your home. With interest rates for solar increasing, it’s more important than ever to take control of your power costs by installing solar panels. So don’t wait – go solar now and enjoy the savings for years to come.