Estimated Savings
Average Electric Bill Savings
Estimated 25-Year Electric Bill Savings
Estimated Savings
Average Electric Bill Savings
Estimated 25-Year Electric Bill Savings
Estimated Environmental Impact
Tons
CO² Offset
That's equivalent to planting trees!
or $149.52/mo for 300 months at 1.99% APR¹
Dedicated point of contact for questions and support
Easy online platform to complete documents and track the status of your order
Concierge-style permitting and installation services
System Price
Est. Federal Tax Incentive
Price After Incentives
Estimated Install Timeline
10-15 weeks
2-4 months from start to finish
Once you accept your estimate, we'll create a personal solar account to complete your home profile and hone the details of your project. Easily upload and review information before we sign closing documents and move forward.
There may be several organizations that oversee the size, placement, and installation of your solar energy system, including your local building department and utility provider. The Solar Providers will work on your behalf to define the requirements in your area and secure permits and approvals.
Once permits and approvals are in place, The Solar Providers will work with you to find an installation date that fits your schedule. We work with the best solar specialists in your area to ensure your installation is skillful, timely, and precise.
In most areas, a final inspection is required before we can apply for and receive “Permission to Operate” from your utility company. We'll coordinate the logistics around scheduling and application, and alert you when it's time to activate your system.
The federal solar investment tax credit (ITC) is a tax credit that can be claimed on federal income taxes to reduce a taxpayer’s liability. In 2022, eligible taxpayers can claim 26% of their solar system purchase and installation costs from their total tax liability for the year of installation. If the 26% credit is higher than a taxpayer’s total tax liability for the year of installation, the difference can be rolled over to subsequent years as long as the tax credit is in effect. Eligibility for the federal solar tax credit is not guaranteed and does not have any value to the taxpayer if they have no tax liability.
If you’re eligible for the federal solar investment tax credit and apply the full value of such savings (equal to approximately 26% of your total loan amount) toward your solar loan within the first 18 months, your monthly payment will remain fixed for the life of the loan.
If you choose not to apply these savings toward your solar loan, your monthly payment will increase in month 19 to reflect the full principal of the loan.
You are still eligible to claim the federal solar investment tax credit assuming other eligibility requirements for the tax credit are met.
In many cases, yes! Incentives vary by location but our solar experts can alert you to any programs that may be available in your area.
Your monthly loan payment amount in months 1-18 is based on the assumption that you are eligible for the full federal solar investment tax credit and apply the full value of the tax credit (equal to approximately 26% of your total loan amount) toward your loan in the first 18 months of payments, resulting in a fixed monthly payment for the remainder of the life of the loan. The costs and savings estimates provided herein are based on this assumption as well.
This means in months 1-18, you can also apply any credit from state and local incentives or any surplus cash you have on hand to further reduce your monthly loan payment. Making such prepayments is optional.
At month 19 your loan will automatically be re-amortized and your monthly loan payment will be adjusted in a manner to fully repay the loan by its maturity date. Your monthly loan payment for the remainder of the loan will be adjusted based on the remaining principal at that time. If you pay more than approximately 26% of your total loan amount, your monthly payments will be adjusted to a lower amount. In order to avoid an increase in your monthly payment, you must make one or more voluntary prepayments equal to approximately 26% of your total loan amount within 18 months following your loan start date.
Please contact your lender to discuss any prepayment or down payment options.
All "cash" purchases must be paid via credit card and include a 2.9% dealer fee. The cash purchase payment schedule is as follows:
Note: There may be additional payments if site improvements are required.
NOTE: The content herein is general in nature and should not be considered legal, tax, or accounting advice. Palmetto does not provide tax, legal, or accounting advice. Please consult your own tax, legal, and accounting advisors regarding your specific situation.
These numbers reflect your estimated 25-year environmental impact based on your current energy usage and selected system size. Calculations are based on the EPA's Emissions & Generation Resource Integrated Database and the Greenhouse Gas Equivalencies Calculator.
very kilowatt-hour of electricity you produce with clean, solar energy instead of fossil fuels will prevent pounds of carbon dioxide from reaching our atmosphere. Over 25 years, that adds up!
While your panels prevent carbon dioxide from being produced, trees absorb the carbon dioxide already present in our atmosphere. This value shows the number of trees that would need to be planted to achieve the same level of carbon offset that you can anticipate, given the system size you select.
Carbon dioxide is the predominant greenhouse gas and a leading cause of climate change.
As of 2020, residential homes account for approximately 17% of US energy consumption and one million metric tons of carbon emissions per year. You have the power to change that!
Mapping Roof Specificatons
Collecting electricity data
Assessing energy needs
Selecting system size
Estimating your savings...
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