However, this new challenge for solar manufacturing companies means solar is becoming more and more affordable for the average American family. In fact, when you consider the generous solar incentives available in your area and the long lifespan of solar panels, you can actually pay hundreds of thousands less for electricity over the next 20 years with solar power.

Aside from the benefits to consumers, it may appear the solar industry is in trouble with the quarterly earnings numbers that are out now for solar manufacturing companies. However, these falling earnings (contributed to falling solar module prices) just mean a new batch of customers that may have not been able to afford solar power in the past will know be able to consider “going solar” a viable option for their family. This new demand could actually spawn a new niche of the market that was previous undiscovered.

These falling prices also mean solar power is quickly becoming a competitive choice in comparison to traditional electricity. We hope the day is coming soon that all Americans, regardless of income, will be able make an easy, cost-effective choice whether they want to power their homes with solar power or power from fossil fuels. Of course we hope they choose solar power.

For more information, see this article in RenewableEnergyWorld.com, A Silver Lining in Declining Solar Prices

To find out if you qualify visit: www.leosunergy.com/solar-panels-zero-down.php

Kay Hassan, President of Leo Sunergy, stated:

“There are many out of state companies coming here and touting the solar lease programs that mainly benefit the wall street investment bankers with only nominal profits going to the home owner. Leo Sunergy has launched the zero down purchase plan for solar PV systems, where the homeowners retain all the incentives, rebates and SRECs. So they get the maximum benefits without any cash outlay, reduce their carbon footprint and make America more energy independent. When they choose Leo Sunergy they help create local jobs as well. What more could you ask for?”

A few highlights:

• This $0 down program is not a lease, you will own the complete solar panel system
• You can take advantage of the federal 30% tax credit & other incentives unlike other $0 down lease programs
• Unlike the lease program, you’ll enjoy decades of free solar electricity

With this new financing option, you’ll have no upfront costs and can pay monthly payments for 7 years. After the system is paid off, you can enjoy decades of free solar power from your system. Also, because this zero down program is not a lease, you’ll have the option of taking advantage of the generous 30% government tax rebate and any other state, local, and utility incentives including SRECs.

For details on the advantages and disadvantages of owning a system versus leasing a system, visit Solar Lease Advantages and Disadvantages.

For information on zero down solar financing options in the Maryland and Washington DC area, contact Leo Sunergy at info@leosunergy.com or 877-536-7860.

Leo Sunergy is dedicated to installing high-quality, affordable photovoltaic solar power systems in the mid-Atlantic. The company provides solar electric systems for commercial, residential, education, and government clients in Maryland, Washington DC, Virginia, Delaware, Pennsylvania, and New Jersey. Their management team is comprised of engineers with over 100 years combined experience managing small to multi-million dollar projects across the nation. For more information visit: www.leosunergy.com

For more information on the Solar Impulse, click here.

The bill states that eligible SWH systems are those that are not used solely for heating a pool or hot tub and are either metered by a device that meets the standards of the International Organization of Legal Metrology or are OG-300 certified.