With a 26% federal tax credit, now is an excellent time to GO SOLAR!
From a financial standpoint, an average system will be paid back in 7-8 years and save you tens of thousands of dollars in energy savings over the next 25 years (the warranty length of the panels).
We pride ourselves on staying current with the latest incentives and will make sure you know about them and have the necessary documentation to claim them. We're happy to discuss the ins and out further, but in short, the main incentive is the recently-extended 26% federal tax credit, which allows you to offset your tax liability (taxes owed) by 26% of the system cost with no cap. This was set to drop in 2021 so the fact that it was extended means you get another chance at 26%!
Pricing Example:
An average home uses 22 kWh per day and at current LPEA rates, your bill would average $87 per month. A 5,000 watt (5.0 kW) solar array would make 100% of that power. The cost of installing a 5.0 kW system is as follows:
$16,250 Cost of system before rebates
-$4,225 26% Federal tax credit
$12,025 Net System Cost
Payment Options
CASH PURCHASE
Purchasing your system directly can maximize your savings. A small deposit is all you need to get started and you'll enjoy decades of low, predictable electric bills.
SOLAR LOAN
Shaw Solar works with several leading lending partners and handles the majority of the process for you. The loans are $0 down and thanks to our expertise in the process, we can time things so the payments don’t kick in until after the system is installed and offsetting your electric bill.
$0 down
No lien on your home
No pre-payment penalties
Instant credit decision
OTHER LOAN OPTIONS
Shaw Solar is happy to work with you if you have other financing options, like a home equity line of credit or third-party financing from your bank or credit union.
Get Your Free On-Site Solar Evaluation
What's included: a roof assessment, a customized system design, the cost breakdown including a calculation of your savings and return on investment, and a discussion on payment options. No hassle, no commitment.