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Home solar: To buy or to lease, that is the question?

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Africa, India, Australia, England, The Netherlands, The Middle East, America — large scale solar farms are beginning to take root around the world.

Industrial sized sun mining operations like the one in Morocco and Southern India are now seen as a viable and more cost effective alternative to oil, even in some of the more oil rich nations.

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As the trend continues to take off, it’s worth exploring the idea of whether it’s better to install your own panels or purchase the cleaner and cheaper energy from a large utility scale operation.

Firstly, who doesn’t love their independence. When you home is able to generate its own power, you don’t have to bow to the fickle whims of a utility company every time they decide to raise the rates.

Another benefit of installing your own solar is that through net-metering programs and federal income tax breaks, you’re able to recoup much of the installation costs and completely pay off your system in a matter of years, enjoying monthly energy bills where the energy company might be paying you (with credits) rather than the other way around.

For many people who don’t own their own homes, renting solar makes sense. However, for those that do own the deed to their houses, the decision to install their own system is worth the extra work and pays much better in the long term.

Contact GoGreenSolar.com or call (888) 338-0183 to learn if your home is a good candidate to convert to solar.

Author: Harold Tan

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