Call us Toll-Free 844-337-6527
Financing options that match the savings.
With the tax incentives and rebates that are currently available, there has never been a better, more cost-effective time to convert to solar power. Depending on the size of your system, you could earn your investment back in savings in just a few years. Avoid the rise of utility costs and take a step towards energy independence with a renewable and sustainable way to power your home or business.
Check out our financing options and start saving today.
Benefits of Converting to Solar Power
Electricity Rates Are On the Rise
Retail residential electricity rates have risen across the nation about 15% over the last 10 years.
Save Thousands on Electricity Bills
Any amount you pay upfront comes back to you with savings that accumulate in thousands over the years.
Increase the Value of your Property
Homes with solar panels are likely to sell for more and various studies have shown that on average, solar panels increase the home’s value by 3-4%.
Federal Tax Credit
In 2020 the Federal Tax Credit is worth 26% of the total system cost. Missouri and Illinois both have local rebate programs as well.
Warranties to Secure Your Investment
Quality solar panels come with warranties to secure your investment, so your system is guaranteed to perform for at least 25 years.
Financing for Residential Solar Panels
EFS Energy offers valuable savings to meet all of our customers needs. The benefits of using our Residential financing:
- Leave your HELOC or Home equity available for future emergencies
- Begin with $0 down
- Start saving on your electric bill right away
- Take advantage of state and federal incentives to then pay down the principle quicker with no penalties
Financing for Commercial Solar Panels
Typically, the best economics are achieved for businesses through self-financed deals. In addition to the Federal Tax Credit, you will also depreciate the equipment over 1 to 6 years. However, for larger systems, third party ownership models are available to businesses that can’t use the tax incentives or for those who are looking for immediate savings on the electric bill without a large down payment. There is also the option to finance through an equipment lease or service agreement if you want to break the payments up over a longer period.