Why Going Solar is Like Setting Up A Savings Account

Rack Up More Funds with The Sun

Saving money is a good habit. Numerous people agree that saving is one of the most important steps to building wealth because it can give you the freedom to live life how your heart desires.

When you were a kid, you probably started your savings journey with a piggy bank or a savings jar. Which then led you to open a savings account to be better prepared for life’s unexpected events.

And while finding ways to put money in your savings account may not be something new to you, with nationwide electricity rates increasing — have you ever asked: “Can I really save with solar panels?”

Think of It As Your Personal — Sunbathed — Cash Cow

Just like a savings account allows you to stash cash for your wants and needs; with Sunrun, you can go solar and save 20% on your electric bill*. Yes, that’s 20% that will stay in your pocket! And it could add up to more depending on how high your electric rates are¹; how much sunshine you home gets; and the tax incentives available in your state. Nice, right?

“But how much money will I save with solar,” you ask? Picture this: The average U.S. homeowner can save up to $84 per month by going solar; and in some states, it’s more like $150 a month.² Now we ask, “Does your savings account bring in this much money each month?”

Besides, taking the Sunrun solar leap is possible with little to $0 down. You just pay a guaranteed low, fixed rate for the solar power the system produces over your 20-year agreement. Are you starting to imagine how great it would feel not having to worry about rising energy costs, hidden fees, and surprise hikes on your electric bill from your traditional utility company? We thought so, too.

Save For A Rainy Day with Your Sunny Days

If you're already familiar with savings accounts, you might know the interest rates are low these days; so how is that nest egg for a trip across the pond, a safety net, or your kid’s college education supposed to grow?

With Sunrun, over the course of 20 years, your solar panel lifetime savings can reach $20,000 or more. Plus, a study by University of California’s Berkeley Lab found that solar panels can also increase property value by as much as $15,000.³

Our Shiny Guarantee

Savings accounts are FDIC-insured, meaning financial institutions are there to ensure your money will be protected to grow as intended.

And at Sunrun, we have something similar: our industry-leading solar system performance guarantee. If for any reason your system doesn’t produce the electricity promised, you’ll receive a refund for the difference.  From performance to maintenance, to monitoring and repairs; at Sunrun, we’ll always have your back.

Whether you choose to lease, finance or purchase your system, our solar plans & services make it simple. Just talk with one of our solar consultants to get a free quote and save with the sun today.