Property Deeds

Energy prices continue to climb with no end in sight. Many people attempt to reduce their consumption of fossil fuels such as gasoline and switch to electricity. The problem with electricity is that most of it is generated in power plants, and these plants need fossil fuels for their generators. In the long-run, the prices of electricity are going to continue to rise along with prices of fossil fuels. The only way to circumvent this issue is with electricity generated from solar power, and until power plants begin to do this for you, it is up to the home owner to install their own solar energy system.

As you may know, the price of installing a solar energy system in your home has been expensive. No one would argue that the price of power generated from solar panels is lower than what you would pay your local utility company, but the cost of the solar panels has been too expensive. The good news is that the price of panels have dropped in recent years, and in addition, solar technology has improved to the point where solar panels are producing more wattage than ever before.

However, even with these improvements, the price is still outside the range of most home owners, but this has now changed. A company called Verengo Solar, located in Southern California, offers solar energy systems in a new way that has brought down the price of acquiring a system. Now, most people can afford a solar energy system.

This new way to install solar panels is based upon a lease model. In essence, if a home owner qualifies, Verengo Solar will lease the panels to you and install them as well. Over the course of time, if there are issues with the panels, they will repair or replace them. You will see your electric bill drop dramatically, and pay a fee to Verengo Solar. The amount you pay will represent a significant savings from your normal monthly electricity bill.

What Verengo Solar is doing with this solar energy model is to create a power station on the roof of your home. You will still be hooked up to your local power company’s grid, but this connection will only be for situations in which you are drawing more power than normal. In any given month, you may have a surplus of electricity that is sent to the power company.

In some cases there is a down payment that is required to install the system. Your credit will have to be approved because you will need to sign a long-term contract to lock in your low electricity rates. Often the down payment can be waived if your home qualifies for a government rebate.

At the time of this writing, the federal government will give a tax credit of up 30 percent of the cost of the solar panel system. This is for the system itself as well as the labor cost of installation. It is possible to use this or other rebates for the down payment. If this is your situation, it may be possible to have a complete solar energy system installed in your home for nothing.

For more information and a free estimate, you can go to go to the Verengosolar.com website. Simply fill in their online form or give them a call at their toll free phone number. They will be able to give you a free consultation on how much money you will be saving with a solar energy system.