Location: Kensington-Prince Edward Island
System Size: 9 KW
Lifetime Production: 5.99 MWh
Installed on: Aug, 19 2022
Many people see solar as a huge expense but Joseph saw it as an opportunity to save money. When he learned about Polaron’s exclusive 0% 12-year financing program, the saving potential was clear.
Before solar, Joseph owned 2 EV vehicles which were already saving him lots of money daily. “For example, my wife’s $900 a month bill is now $150 in electricity.”
Adding solar to the mix meant lowering their household expenses even more—and now their new solar addition is paying for itself. According to Joseph, “The solar panels are producing enough energy for me to pay my monthly installments to Polaron and put extra money back in my pockets.”
They’re also thinking about the long-term benefits once the financing is completely paid off. Solar panels come with a 25-year performance warranty, but because there are no moving parts, systems can actually last much longer without having to be replaced. That means after the 12 years are up, Joseph won’t have to pay any monthly payment or expensive power bills. All those savings will go directly into his pocket.
When looking at the numbers, switching over to a greener lifestyle benefits more than just the environment.