Despite the world’s economic woes, it’s still a good time to invest in a rooftop solar system. Last month, 1 Block Off the Grid announced the expansion of its community solar purchasing program, and now SunRun has announced the availability of two new flexible payment plans: the SunRun Power plan and the SunRun Total Solar plan.
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The California-based company offers the United States’ first solar residential power purchase agreement. Instead of paying for solar panels, customers only pay for the power generated from their panels.
Under the new SunRun Power plan, customers can pay $2000 upfront, with a fixed rate for solar electricity following afterward. The Total Solar plan allows customers to pay for solar electricity up front, thereby making them eligible for the Federal Incentive Tax Credit immediately.
“People are thinking about how they can save money on things they already do,” said Nat Kreamer, SunRun’s President and COO. “If you know you’ll be in the situation of buying electricity, why not save money and feel good about it?”
SunRun’s services are currently only available in California, but the company has plans to expand into multiple states later this year.
Photo Credit: NREL