Winter Special: Go Solar and Save on Electric Bill with $0 Down!!!



Solare Energy, in collaboration with SolarWorld, is offering customers huge discounts over the winter. Prices have never been so low for solar power systems. Combined with temporary incentives from federal and state governments, increasing electricity rates, and Solare Energy's unique money back performance guarantee, our customers can achieve a return on their investment as high as 25% and paybacks as low as 5 years for a system that has guaranteed performance for 25 years.

System Details
We will apply our promotion prices to any size system. We selected two different size systems as illustrations:

a) 2.25 kW solar photovoltaic system, with 10 SolarWorld SW225 panels, SMA SB3000 inverter, and turnkey installation: system design, permitting, rebate processing, labor, materials, and inspection support. Estimated production of 3,458 kWh/yr.

b) 4.95 kW solar photovoltaic system, with 22 SolarWorld SW225 panels, SMA SB4000 inverter, and turnkey installation: system design, permitting, rebate processing, labor, materials, and inspection support. Estimated production of 7,648 kWh/yr.

Cash Price
Cash price is total system cost ($12,434 for 2.25kW system or $23,810 for 4.95kW system) minus state rebate and federal tax credit. Offer valid until 2/28/12. Savings and costs vary depending on electricity consumption and other specific home characteristics (e.g., roof orientation, roof tilt, shading, electric service panel capacity). Each home requires a custom assessment and proposal. Other terms and conditions may apply.

Pre-Paid Purchase Power Agreement (PPA)
20 year power purchase agreement, where the homeowner is paying upfront for the electricity to be produced by the solar system. The system will be installed by Solare Energy and will be owned by the financing company who will take the higher commercial government incentives. Allows homeowners to go solar for less than buying system in cash and with full 20 year monitoring, maintenance and performance coverage. Flexible options at end of term: have financing company take the system away at no cost or buy the system at fair market value (expected to be $1 at end of term) and continue saving for another 15-20 years.

Home Equity Financing
$0 down home equity financing based on home equity line of credit with 20 year term (first 10 years interest only). Includes interest tax deduction benefit based on 37% marginal tax rate. Loan up to 80% of home value. Variable rate starting at 5.75% (Prime + 2.5%) for FICO 700-800. Higher rate for FICO 620-700. Other charges and conditions might apply.

Unsecured Financing
$0 down unsecured loans. Up to $50,000. Fixed rate of 5.99% for 5 yrs, 6.99% for 10 yrs, 7.99% for 15 yrs for FICO 720 or above. Higher rate for FICO 650-719. Other charges and conditions might apply.

Lease
$0 down, 15 year system lease, with lease payment escalating 2.5% per year. After 15 year period, homeowner has option to renew lease in 5 year increments, buy system at fair market value, or have system removed at no cost.

Purchase Power Agreement (PPA)
$0 down, 20 year power purchase agreement, with first year rates $0.20 to $0.25 per kWh, escalating 3.5% per year. After 20 year period, homeowner has option to renew agreement, buy system at fair market value, or have system removed at no cost.

Financial Analysis (4.95kW System)



Comparison of Financing Options (4.95kW System)