Going Solar is more affordable than you think!
CHECK OUR OUR FINANCING PARTNERS AND LEARN THE FACTS:
Hearth Financing
- See your personalized monthly payment options within minutes and without affecting your credit score. No prepayment penalties. No home equity required.
- Hearth makes it easy for you to find monthly payment options for your project, with:
- Loan amounts up to $250,000
- Affordable monthly payment options
- Funding within 1-3 days
- No prepayment penalties
- No home equity required
- Find convenient monthly payment options for your project. See your personalized payment plans without affecting your credit score now.
Terms to Know
A kilowatt (symbol: kW)
is a unit of electric power. One kilowatt (kW) is equal to 1000 watts (W).
A watt
is the standard unit of power equivalent to one joule per second and equal to the power in a circuit in which a current of one ampere flows across a potential difference of one volt.
An ’RTI’ or Ready-to-Install
is where you can do much of the work yourself saving a great deal in the cost of the system as you would not be paying us for the labor. We deliver the system to your location and take the time to show you how it goes together and then you can complete the project on your own. We provide the electrical drawings for your electrician to connect to your panel or meter and the spec sheets for ground mounts if needed.
FOE or Focus on Energy
is Wisconsin’s statewide utilities’ energy efficiency and renewable resource program. Utility companies participating in this program will send a rebate check equaling 12% of installed cost for your system, not to exceed $2,000 for residential or $4,000 for non-residential.
30% Federal Tax Credit
is a 30% credit of the entire cost of the system including electrical costs that can be applied as a tax credit at the end of the year when you file your taxes.
Payback
is the period of time in which to recoup the cost of the system.
Accelerated depreciation
is a 23% tax credit that can be applied as a tax write off for business owners. The payback example below is for an Ag Series ‘RTI’ 5.4 kW solar system with 20 Ag Series Peimar, 270 watt high performance solar panels with a 30-year performance warranty on a steel roof or a ground mount. Ground mount materials are not included and can be purchased at your local hardware store or building center using a list of required items provided by NES.
