Articles

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Rooftop Solar

In recent years, rooftop solar has become increasingly popular in Australia due to its numerous benefits such as reducing electricity bills and lowering carbon footprint. In fact, Australia is one of the world's leaders in rooftop solar installations, with more than 2.6 million homes having solar panels installed as of 2021. With the continued advancement in solar technology and decreasing costs, it is no surprise that the trend is set to continue in 2023 and beyond.

If you're considering getting rooftop solar for your home or business, there are several practical steps to take to make the process as smooth as possible. In this article, we'll explore the various financing options available to you, including using personal cash, arranging a loan from Find That Finance's wide network of lenders, and discussing alternatives for commercial loans in Australia. Additionally, we'll highlight the benefits and risks involved in installing solar panels and how Find That Finance provides consumers with freedom of choice when selecting solar installers.  Find That Finance is not aligned with any solar installer, we only help people and business’s by arranging loans from our many lenders.

Financing Options for Rooftop Solar

One of the biggest hurdles to getting rooftop solar is the cost involved in purchasing and installing solar panels. The good news is that there are various financing options available to make the investment more manageable. Here are some popular options:

Personal Cash

One of the simplest ways to finance rooftop solar is by using personal cash. This option works well for those who have savings or access to personal lines of credit. By paying upfront, you'll avoid any interest charges and own the solar panels outright. This means you'll enjoy the full benefits of reduced electricity bills with no ongoing costs, apart from maintenance.

Loan through Find That Finance

Another popular option is arranging a loan through Find That Finance. We partner with a wide range of lenders across Australia to provide competitive finance options for personal loans which can be used for solar panel installations. Our team of experienced experts will help you compare and find the best finance options to suit your individual needs, including interest rates, loan terms, and repayment plans. This option offers convenience and flexibility, allowing you to spread the cost over a longer period up to 7 years at a fixed interest rate. With Find That Finance, you can get pre-approval within 24 hours, making it easy to get started with your rooftop solar installation.

Commercial Loans

If you're looking to install solar panels for your business, commercial loans may be a suitable financing option. Find That Finance offers a wide range of commercial loans, including truck, trailer, excavator, tractor and commercial equipment loans. These loans can be used to finance the purchase of equipment or assets, including solar panels. This option can help businesses spread the cost over a longer period, allowing them to maintain cash flow and avoid a large upfront expense. Our team of experts can help you find the best loan options and repayment plans for your business needs.

• Benefits and Risks of Rooftop Solar
• Rooftop solar offers several benefits, including:
• Reduced Electricity Bills

One of the most significant benefits of rooftop solar is the reduced energy bills. By generating your electricity from solar power, you'll significantly reduce your reliance on the grid, resulting in lower electricity bills. Furthermore, if your solar system generates more energy than you consume, you can sell the excess back to the grid for a credit, further reducing your electricity bills.

Lower Carbon Footprint

Another benefit of rooftop solar is that it helps lower your carbon footprint. Solar power is a renewable energy source, which does not emit any greenhouse gas emissions, unlike fossil fuels used to generate electricity from the grid. Installing solar panels helps reduce our carbon footprint, contributing to a cleaner environment.

Increased Home Value

Solar panels can increase the value of your property, making it more appealing to potential buyers. Several studies have shown that homes with solar panels sell faster and for a higher price than homes that don't. Additionally, having solar panels installed can increase your home's energy efficiency rating, making it more attractive to green-conscious buyers.

Despite the numerous benefits of rooftop solar, there are also some risks to consider before making the investment. One of the most significant risks is the initial cost of purchasing and installing solar panels. However, as mentioned earlier, financing options like those offered by Find That Finance can help manage the cost of the investment.

Another risk to consider is the ongoing maintenance of the solar panels. Over time, your solar panels will need to be maintained and cleaned to ensure optimal performance. However, this expense is minimal compared to the benefits of reduced energy bills.

Freedom of Choice with Find That Finance

Finding the right solar installer can be a daunting task. With so many providers in the market, it can be challenging to select the right solar panel installer who is dependable, trustworthy and supplies quality workmanship. That's where Find That Finance provides value. We have nothing to do with Solar installers, we just arrange personal loans for individuals, this ensures that you have the freedom of choice when selecting your installer. This means you can be confident that you're getting the best deals, quality products, and reliable service from trusted installers.

Conclusion

Rooftop solar is a practical and cost-effective way to reduce your energy bills and lower your carbon footprint. With a wide range of financing options available, including personal cash, loans, and commercial loans, investing in a solar panel installation is more manageable than ever before.

Remember to consider the benefits and risks of installing solar panels, including the initial cost, ongoing maintenance, and increased home value. Lastly, Find That Finance provides consumers with freedom of choice when selecting solar installers, ensuring that you get the best quality product and service. With the continued rapid advancement of rooftop solar technology in Australia, it's only a matter of time before the trend continues to grow, saving money and saving the environment at the same time.