New GeoSmart loans by APS offer Arizonans solar power with no upfront costs.
APS is bound and determined to get more Arizonans to switch to solar power. Already, between APS incentives and government tax credits, a 3-kilowatt rooftop solar electric unit takes a hefty $21,000 price tag and reduces it to a much more reasonable $9,000.
Even with this large discount, there are still surprisingly few people switching to solar power for their home and Arizona air conditioner. Despite the electricity savings as well as the huge environmental benefits of using the sun as a renewable energy source, many are unable to meet the high upfront costs required to purchase a solar unit.
In order to encourage more people to switch over to solar power, APS has devised a way to entirely eliminate the initial costs of installing solar panels. In partnership with the Electric Gas & Industries Association (EGIA), APS is now offering access to GeoSmart ® Loans. GeoSmart loans are competitive unsecured financing specifically for people who want to invest in solar power for their home.
The loan covers the entire cost of purchasing the unit and offers rates between 7.99% and 12.99% depending on which options you choose. The loans are for anywhere between $2,500 and $50,000 and are for offer terms for 10, 15, or 20 year periods.
This program is an excellent option for those who are concerned about the environment, or anyone who simply wants to save money on their monthly energy bills.
If you need help selecting the right environmentally friendly air conditioner in Arizona, Air Conditioning by Jay can help. We offer a wide variety of Arizona air conditioners and are sure to have one that meets your needs. Contact us today by using our privacy assured online form or call 602-266-3678.
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