3. Financing

According to the Our World in Data, the cost of solar has declined 89% from 2009 to 2019! However, solar installations still can present a sizable financial commitment. Like buying a car, there are different options to consider to best meet your needs, and a variety of incentives can help make the economics work even better.

There are three steps to evaluating your financial options for installing a solar system – calculating your expected return on investment (ROI), evaluating your payment options, and reviewing available incentives.  If you are unable to finance your own solar system, consider other options like Solarize group purchasing or Community Solar.



Energy Sage (Calculate Return on Investment)

EnergybySolar (Available Incentives)

Our World in Data, "Why did renewables become so cheap so fast?" (December 2020)