Financial Benefits of Going Solar with Aspire Solar

At Aspire Solar, we believe that understanding the financial details of going solar is essential for making informed decisions. Here’s a real-world example to illustrate how switching to solar can transform your energy costs and help you achieve long-term savings.

Example Solar Estimate for Your Home

  • Household Energy Consumption: 18,000 kWh/year
  • Solar System Size: 12.15 kW (27 x 450W panels)
  • Energy Offset: 101% (produce more energy than you consume)
  • Total System Cost: $35,021

  • 30% Federal Tax Credit: $10,506

  • Net System Cost: $24,515

Solar panel heat map

Before vs. After Solar: Monthly Energy Costs

Before Solar

Monthly Utility Bill:

$205/month

(Subject to utility rate changes, which average around a 4% annual increase but have recently risen even higher.)

After Solar

Total Monthly Cost:

$190/Month

– Monthly Loan Payment: $170/month

(30-Year Loan with Tax Credit Applied as Down Payment)

– Utility Base Fee: $20/month

(No more unexpected rate increases—your energy production covers your household needs!)

Flexible Financing Options Tailored for You

Switching to solar is more affordable than you think. At Aspire Solar, we work with trusted financing partners to provide flexible options that fit your budget and lifestyle.

Climate First Bank supporting renewable energy initiatives with sustainable banking solutions and solar financing – Aspire Solar Energy.
Climate First Bank
  • Loan Term: 30 Years
  • Interest Rate: 7.5% with Autopay
  • Dealer Fee: None
  • Prepayment Penalty: None
  • Features: Open-term loan, meaning you can pay it off early without penalties.
Climate First Bank loans offer the lowest monthly payments with lots of flexibility and no extra fees. 
SELF initiative – Creating sustainable communities with solar energy solutions and renewable power advancements by Aspire Solar Energy.
Solar & Energy Loan Fund (SELF)
  • Loan Terms: 10 or 15 Years
  • Interest Rates: 6.5% – 6.9%
  • Loan Origination Fee: 2%
  • Financing Limit: Up to $50,000
  • Prepayment Penalty: None
SELF loans are designed for homeowners looking for shorter-term financing with competitive rates.
Financial benefits of solar energy – Save on electricity costs, increase home value, and maximize ROI with renewable energy solutions from Aspire Solar Energy.

Why Aspire Solar?

  • Transparent Costs & Savings: We provide detailed, easy-to-understand estimates so you know exactly what to expect.
  • Customized Financing Solutions: Flexible options tailored to meet your needs and budget.
  • Long-Term Benefits: Lock in your energy costs, avoid rising utility rates, and enjoy the peace of mind that comes with energy independence.
Aspire Solar Energy

Get Started Today

Ready to take control of your energy costs?

Contact Aspire Solar to receive a personalized estimate and discover the financial benefits of solar energy. Whether you’re looking to save money or reduce your environmental impact, Aspire Solar has the expertise and solutions to make it happen.

Contact us now & let’s build a brighter, more affordable future together!
Contact for solar panel installation

Get 30% of Your Systems Cost Back as a Personal Tax Deduction Through the Solar Investment Tax Credit

Get 30% of Your Systems Cost Back as a Personal Tax Deduction Through the Solar Investment Tax Credit