Secure Your Home’s Value with Modern Digital Energy Solutions
In today’s rapidly evolving energy landscape, homeowners face an important decision: how to power their homes efficiently, sustainably, and cost-effectively. With federal and state laws mandating all homes to be renewable by 2045, and utilities aiming for a 2035 target, now is the time to consider your options.
Let’s explore four choices available to homeowners, each with its own set of benefits and considerations.
1. Power Purchase Agreement (PPA)
The PPA option allows you to buy electricity and battery storage on a monthly basis. Here’s what you need to know:
- 25-year agreement with ten 25-year warranties and guarantees
- We own and maintain the equipment
- Our company reimburses you if equipment fails to operate
- Fixed 3.5% annual cost of living adjustment (COLA)
- Potential savings of $200k-$400k over 25 years (depending on home size and energy usage)
Best for: Homeowners who want a predictable monthly payment with professional maintenance and long-term savings.
2. Prepaid Lease
The Prepaid Lease offers the lowest 25-year cost with these features:
- Pay for 25 years of electricity and battery storage upfront
- Zero percent increase over the lease term
- Ten 25-year warranties and guarantees
- We own and maintain the equipment
- Our company reimburses you if equipment fails to operate
Best for: Homeowners who can make a larger upfront investment for maximum long-term savings and peace of mind.
3. Traditional Utility Power (SCE/LADWP)
Staying with your current utility provider means:
- Minimum 10% annual rate increase
- Potential for costs to triple by 2035
- Subject to variable rates and market fluctuations
Best for: Homeowners who are not ready to commit to a long-term solar solution or have specific circumstances that make other options less feasible.
4. Purchase
Buying your solar and battery system outright has these considerations:
- 30% tax credit (equivalent to 10% cash value)
- Higher upfront cost (approximately $20,000 more than Prepaid Lease)
- Manufacturer’s warranty only (prorated replacements, you pay labor costs)
- Need to replace batteries (est. $15,000 each) in years 10 and 20
- Self-maintenance and monitoring required
- No access to new technology upgrades
Best for: Homeowners who prefer full ownership and are comfortable with system maintenance and future upgrade costs.
Making Your Choice
When deciding, consider factors like:
- Your home’s size (2000-4000 sq ft can significantly impact savings)
- Current monthly electric bill ($200-$500 range)
- Presence of high-energy items like electric vehicles or swimming pools
- Long-term financial goals and ability to make upfront investments
Remember, choosing Battery/Solar allows you to be renewable in just 4-6 months, and current customers will soon receive new “digital products and services” software.
Ready to explore your options? Contact Team Firman at 805-368-3268 or visit our website at firmansolar.com. We’re here to help you reduce your carbon footprint and secure your home’s energy future.
Note: To provide accurate estimates, we’ll need your contact information and a recent utility bill (required by CPUC). Let us know which options you’re most interested in, and we’ll create a customized plan for your home.
Alle, Ana, Sofia & Firman
