Posts

Showing posts from September, 2019

Is your house ready for an electric car?

Image
While they aren’t quite dominating the automotive market just yet, electric vehicles are definitely seeing a rise in popularity. More and more consumers are embracing the vehicles as a stylish and more environmentally friendly way to get around, and charging stations are starting to appear in places such as hotels, rest stops and even shopping centers. There’s definitely a market for electric cars out there, and it’s growing. If you’ve considered an electric vehicle before, you should stop and ask yourself if you’re actually ready for one. Here are 2 things to consider: (This isn’t a trick question or a suggestion that electric cars are somehow superior; it’s a legitimate question that you’ve probably never given a thought to). 1.) Electric vehicles need to be plugged in and charged somewhere, so you need to figure out whether your house is  actually  ready for an electric car. 2.) They cost more upfront, so your monthly payment is going to be more—will that out w...

Multi Sides to Solar--Should You Buyer or Lease Solar Panels?

Image
The cost of solar panels has come down greatly in recent years, prompting more homeowners to consider going solar. Properly sized panels can slash energy expenses by 50% or more and generate extra income during peak months. These are just two of many benefits of adding solar panels to your home. One of the first decisions you must make is whether to buy or lease the panels. What Are the Advantages of Leasing Solar Panels? Solar panel leases offer many advantages, including: No upfront cost. Solar panels cost tens of thousands of dollars to install, even with a decrease in manufacturing and installation costs. Therefore, many homeowners who would benefit from lowered utility expenses do not have enough money to buy panels outright. Leasing puts solar panels within everyone's reach. Some utility savings. Depending on the company you choose to lease panels from, you will receive a 10% to 20% reduction on your electricity costs. While the savings are not as great as when you ...