A solar electric or photovoltaic (PV) system can reliably produce electricity for your home or office. These small or distributed solar systems are often installed by home or business owners to offset their electricity costs.
If you want to purchase a rooftop solar system for your home, federal tax credits and other state, local, or utility incentives can offset some of the upfront cost. There are also several financing options available for homeowners, including energy-saving mortgages, home equity, Property Assessed Clean Energy Loans, and more traditional bank loans.
Even if you can’t directly purchase and install a solar system because you rent your home, have inadequate solar resources, or lack financing, you may still benefit from switching to solar electricity, and there numerous business models that make solar easier, cheaper, and more accessible. Options such as community or shared solar programs, solar leases, and power-purchase agreements allow millions of households to take advantage of solar energy. Learn about the various ways you can go solar.