Recently announced, Connecticut has a new solar lease program for qualifying residents. One of the eligible installation firms is CSolar who passed along this release:
“Connecticut Leads the Way with the Nation’s First Rate Pay Supported Residential Leasing Program for Solar Energy”
The Connecticut Clean Energy Fund (CCEF) and CT Solar Leasing, LLC have combined the power of CCEF’s innovative Solar Rebate program and the financial power of leasing to create an unbeatable way for qualifying homeowner customers of CL&P and UI to add solar energy to their homes for the lowest possible cost.
About the Program:
• $0 Down Payment!
• Low fixed monthly payments – less than $120 per month for the typical system!
• Interest rate is 5.5% fixed.
• Leasing is for 15 years and at the end of your CT Solar Lease™ you have the option to buy the system at its current value, extend your lease for another 5 years at a reduced rate, or have the system removed.Who is eligible?
The CT Solar Lease Program is for Connecticut homeowner customers of CL&P and UI who are:
Installing qualifying Solar PV systems:
• In their 1 to 4 family owner-occupied homes
• Whose household income is 200% or less of their area’s median income
• Who meet the credit qualifications of the program
Homeowners earning over the minimum income are still eligible for CCEF’s Solar Rebate Program.
ACT NOW! To find out more specific information on how solar can help save you money on your increasing electric bills, call your local C Solar LLC representative for a free site evaluation today at (203) 504-2250.To find out more information about the CT Solar Lease program and determine your eligibility visit their website at http://www.ctsolarlease.com.
All eligible solar installers are pre-approved by the Connecticut Clean Energy Fund and CT Solar Leasing. This is an excellent opportunity for solar panel installation on your home with no down payment and a fixed monthly rate. Reduce your electricity bills with the power of the sun.
