Introducing MySolar Financing

May 3, 2017 2:31:33 PM

This year make a green energy investment for your home. Solar panels are kind to the environment, help you predict and control your energy usage, and they can amount to significant household savings in the long run.

HUECU has partnered with NRGTree to create an exclusive new tool for members to see the benefits of solar. Our new tool will show you a breakdown of how you can benefit from solar, and includes a 3D view of what your panels could look like. It only takes a couple minutes to get started. Then you'll get a free estimate specific to your house. After your estimate, if you are interested in moving forward with a solar installer, HUECU can help you evaluate your financing options.

Learn more about HUECU’s Solar Financing MySolar initiative.

Of course, installing solar panels requires some initial investment. You can expect to pay around $15,000 and up to $40,000 for a full installation, including the cost of the panels themselves and the labor and materials to install them.

If that sounds like a lot of money, think again. According to the U.S. Department of Energy, in just five years’ time your solar panels will begin paying for themselves; thanks to monthly savings on your energy bill. Many households reduce their monthly electricity bills by half, and some eliminate it altogether. What’s more, solar panels also increase the value of your home, meaning that when you’re ready to sell it, you can instantly add another $15,000 or more to your asking price.

Besides the financial perks of solar panels, investing in green energy is an impactful way to do your part for the environment. The average solar panel installation is equivalent to reducing your carbon emissions by 6,000 pounds, or planting half an acre of trees.

Explore a sunny way to discover the potential benefits of purchasing your own solar system with the new MySolar program from HUECU.

Tags: Home Equity, Solar Loans