"It was time for me to try something new in terms of a finding way to cut down energy costs. Vivint Solar seemed like the perfect way to save money while helping our planet."
— Marion Kuhrt/Kearny, NJ
why solar
Solar is a great alternative to traditional electricity providers. From providing lower costs and producing more environmentally friendly energy, solar is a smart decision.
Save money
One of the main benefits of choosing to have solar installed is the cost savings.
Up-front savings
With Vivint Solar, we use a power purchase agreement (PPA). A PPA lets you avoid a large, up-front investment. Instead of having to finance your system and recoup the investment over 10 to 20 years, we agree to design, install, and maintain your system. You agree to buy the power the system produces, but at a lower rate than you would pay your utility. Using this method, you can start enjoying the savings solar provides your first month.
Monthly savings
The savings solar provides are significant: you can save up to 20 or 30 percent on your utility bill every month. That can easily add up to thousands of dollars over the life of your agreement.
How? Traditional utility rates continue to rise—in fact, they've grown by 39 percent since 1998.* And as utility rates rise, your monthly electricity bill would increase with them. But with Vivint solar, your kWh rate is predictable—a locked-in schedule for years. That means you'll not only be saving today, but your savings can actually grow each year you have your system installed.
Home value
In addition, The Appraisal Journal has shown that by simply having an energy efficient home, you can increase its value by 4 to 10 percent.**
* www.eia.gov/cneaf/electricity/epa/epat7p4.html
** www.solarbysec.com/apj1098.pdf
Protect the environment
At Vivint Solar, we understand the importance of clean, renewable energy. Not only does it help you save money, but it also helps protect our environment. Choosing solar power helps neutralize greenhouse gas emissions and moves us closer to a fossil fuel-independent world.
Did you know that the average American home emits more than 16,000 pounds of CO2 annually? It would take 24 trees to offset that production. But, if only 5 percent of Americans used solar energy, it would:
- Be like taking 7,700,000 cars off the road
- Remove 89,600,000 pounds of CO2 out of the environment
- Retire 6,900,000 trees from their CO2 offsetting jobs*
* solar.coolerplanet.com/Articles/putting-solar-savings-into-numbers.aspx
Increase your savings over time
As utility rates continue to rise, your Vivint Solar rate changes at a slower, steady rate—saving you more money the longer your system is installed.
Data360. Electricity Average Retail Price. 5/27/2011.
More information
Interested in getting a solar energy system? Click the box below to have one of our experts contact you with more information.
Get more infoIs my house a good candidate for solar?
Many people wonder if their home is a good fit for a solar energy system. The good news is that most homes, with the help of Vivint Solar technicians, can have solar panels successfully installed.
Learn more about the process