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Americans feel they're overpaying for electricity — but this clever startup is helping stabilize their bills with no money down solar

Homeowners have some options.

Homeowners have some options.

Photo Credit: Palmetto

If you've opened your utility bill lately and thought, "Wait, how is this even legal?" you're not alone. With electricity prices spiking, more homeowners are looking for ways to stabilize their bills without cutting back on the AC or sitting in the dark.

The scoop

One solution is leasing solar panels instead of buying them outright. This option allows for access to clean energy without the massive upfront price tag.

Solar panels have long been considered the gold standard for slashing utility costs and cutting down planet-warming pollution. But the price of purchasing a system can easily hit five figures, making it only available to homeowners who can afford the technology.

That's where Palmetto comes in with its LightReach program, which allows homeowners to lease solar panels with minimal upfront costs, even as low as $0 down. Leasing means Palmetto owns and maintains the system, while you get to use the solar energy it produces to offset your grid electricity.


How it's helping

The biggest draw of this program is financial stability. By locking in access to solar power, homeowners can protect themselves from unpredictable energy rate hikes.

Environmentally, every leased panel still generates clean, renewable energy, helping to replace dirty fuels and lower harmful gas pollution. Increasing the number of homeowners who can modernize their homes leads to a cleaner future for everyone.

Since going solar is one of the best ways to reduce household energy expenses while fighting pollution, the leasing model makes that possible for more households than ever before. Palmetto's local programs are available across much of the U.S., bringing solar within reach for thousands of homeowners.

What everyone's saying

Of course, leasing isn't the only option. For homeowners looking to purchase their own solar panels, EnergySage offers free tools to estimate the cost of installation and compare quotes from vetted installers in your area. If you're stuck between leasing and buying, it's a good idea to weigh the pros and cons to see which option best fits your needs.

FROM OUR PARTNER

Save $10,000 on solar panels — or get them on your roof without paying for purchase or installation

Whatever your solar budget, Palmetto can help you save.

If you want to buy your own panels, Palmetto's concierge advisors can help you save up to $10,000 on installation through a network of preferred installers. And if you'd rather get solar savings without upfront costs, Palmetto's revolutionary LightReach subscription program can deliver.

LightReach lets you lease solar panels with no money down, making it painless to lock in long-term savings. Palmetto covers a 25-year warranty for the panels, which means you'll get reliable performance without unforeseen costs.

To get started, just answer a few basic questions about your home and connect with Palmetto's experts to find the option that's right for you.

Which of these factors is the biggest obstacle preventing you from getting solar panels?

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