Owning a solar system in South Jersey with Seapoint Solar comes with the wide appeal of having long-term financial benefits. For individuals seeking optimal returns, ownership provides a cost-effective solution that saves more money over time compared to relying solely on traditional grid electricity. While the upfront cost of purchasing a solar system is higher, typically ranging from $20,000 to $50,000, the financial benefits over the system's lifespan are significant. Additionally, you can benefit from a 30% tax incentive on the initial down payment, effectively reducing the upfront cost.
Most people don't have the money to cover the upfront cost of a solar system which is why Seapoint Solar has partnered up with Mosaic for an affordable loan option on owning your solar system. With Mosaic you can take out a loan with them in order to cover the cost of your solar system and pay the solar system off over time.
Owning a solar panel system comes with several long-term advantages. Firstly, you will no longer have to worry about electricity bills as your solar panels generate clean energy from the sun. Any excess power generated can be fed back into the local power grid, resulting in credits or payments that can even turn into additional income over time. Once your solar system is paid off, this return on excess power becomes a direct boost to your finances.
