As the need to switch to renewable energy becomes more urgent, homeowners are exploring new ways to finance their home. rooftop solar systems.

The average American household produces 7.4 tonnes of carbon dioxide annually through electricity consumption.

Solar energy is a great option for homeowners who want to reduce their electricity bills by half or even eliminate it entirely.

“My SolarWorld system really cut my electric bill, and I was able to go solar with no money down through financing,”Glen Takabayashi (retired Marine colonel, homeowner in Temecula), Calif., said that his solar array was installed at Infinity Solar, Orange County.

Many homeowners aren’t able or willing to pay upfront for solar panels, just like Takabayashi. There are several affordable options to finance your solar installation.

“I felt good about buying solar made here in the U.S. because I think it’s important to support American jobs,”Takabayashi also noted that SolarWorld is the only financing option for American-made panels.

SolarWorld, America’s largest solar panel manufacturer, developed the Freedom Plan to make it affordable for families of all incomes and sizes. Homeowners can choose from three plans to reduce upfront costs. They will be able to replace all or part of their electricity bill with a monthly solar power payment. You will enjoy lower utility bills for up to 20 years.

Think about your options

Zero Down Plan. This plan does not require a down payment or upfront costs, as the name suggests. The homeowners will receive a lower monthly electricity bill than their current bill. The contract covers solar monitoring, maintenance, and insurance at no additional cost.

Low Down Plan. Low Down Plan. This plan is designed for people who are more flexible with their down payments. It typically costs less than $5,000. This option locks you in to a set solar payment, which provides additional savings each year. It provides coverage for system maintenance, repairs and monitoring.

Prepay Plan. If households already have the funds to go solar they can pay upfront for 20 year’s worth of energy and get the lowest electricity price. Prepay plans eliminate most or all of the household’s utility bills over the course of the two-decade contract. Included are free insurance, regular maintenance, and monitoring.

Learn more about solar finance www.solarworld.com/solar-finance.