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"Free solar energy": Can you really get free solar panels?

Updated: Jan 29


Intro:


Since you ended up on this page, you have Googled something related to a solar panel system. During your search, it is highly likely that you either saw an advertisement or have been told by a salesperson that they can provide you with "free solar panels" or "free solar energy." At Alchemy Solar, it is essential that everyone looking into residential solar energy have accurate information. As appealing as "free solar" might sound, it is important to remember that nothing is free!

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What do advertisements mean when they say free solar energy?


Sadly, many marketing campaigns are set up to get people's attention even if they are not accurate. When companies say they offer "free solar panels', usually they are offering a power purchase agreement (PPA) or lease. With both a PPA or a lease, solar panels are installed on a homeowner's roof and owned by a third party. Because someone besides the homeowner owns the solar energy system, the homeowner does not pay for the solar system. Instead, the homeowner pays the owner of the solar panel system for the power that the solar panel system produces.

Since you ended up on this page, you have Googled something related to a solar panel system. During your search, it is highly likely that you either saw an advertisement or have been told by a salesperson that they can provide you with "free solar panels" or "free solar energy." At Alchemy Solar, it is essential that everyone looking into residential solar energy has accurate information. As appealing as "free solar" might sound, it is important to remember that nothing is free!



Do "free solar panel systems" save homeowners money?


Like every other industry, some companies are in solar for the right reasons, and others are not. Usually, companies offering "free solar panels" are not looking out for the customers’ best interests. When a PPA or lease is set up, the company providing the lease or PPA makes its money by selling electricity from the solar panel system to the homeowner. "Free solar panel systems" usually come with high electricity rates that limit customers' savings and lock them into a solar option that is not the best solution for their specific needs.

At Alchemy Solar, we have a variety of offerings for our customers to help them get the right solar system for their needs. One of these offerings is a Power Purchase Agreement. For our customers, a PPA provides them with a lower cost of power compared to what they would pay to the utility, no upfront cost for the solar system, no need for a loan, professional monitoring, a permanence guarantee, and an industry-leading warranty. For many people, this is the best fit, but for others, a "zero-down" solar loan is more appealing. Alchemy Solar has multiple offerings to ensure that a homeowner gets a solution for their home's needs instead of signing up for something too good to be true.

Were you looking for free solar panels? Why not look for the best solar option for you?

The exciting thing about the maturation of residential solar, and Alchemy Solar, is that virtually everyone can get solar on their roofs. This is a huge step allowing more people to save money on their electricity bills and help reduce carbon output. PPA's and leases have allowed people to get solar when solar financing was not widely available; a development that was important to prove the viability of solar as an industry.

Now, the goal is to make sure that every homeowner is educated on how solar works so they can pick the solar option that best fits their needs. While there is no such thing as a free lunch or free solar, solar can still save you significant money on your electricity bills and improve the environment at the same time.

If you are interested in learning more about the best solar solution for your needs, schedule a free consultation with Alchemy Solar.



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