Where do investments in U.S. solar power stand?
According to Bloomberg New Energy Finance (BNEF), as the solar energy market matures, more project financing and public market investments are becoming commonplace. Compared with other clean technology categories such as wind and biofuel, solar technology received the most public and private investments worldwide in 2014.
At $41.9 billion, solar investments, have increased by 23 percent within the same quarter in 2014 as well.
One of the most popular investments pertains to smaller solar energy projects, under 1 megawatt of energy in total. More than $20 billion worth of investments during the second quarter of 2015 were made into these smaller-scale projects, an increase of almost 30 percent from 2014.
Overall U.S. solar investments totaled $9.4 billion for the second quarter of 2015.
If you’re interested in the abilities of solar panels or want to learn more about their benefits, SolarMax can help. We offer in-house solar financing through our Renewable Energy Provider. Unlike other solar lease programs that use credit scores to determine eligibility, our process looks at a customer as whole. We believe that you are more than your credit score.
SolarMax Renewable Energy Providers offer a $0 down financing payment option to qualified customers, with interest rates as low as 0.99 percent. Our leasing terms are as short as six months and as long as 15 years, as we know each customer is different and will often need their own personalized payment plan.
During your free consultation our experienced employees will discuss your payment options, including applicable solar rebates, while you choose the type of solar energy panels to be outfitted on your home.
To receive a free solar consultation, click HERE.