Uncovering the Hidden Costs: Exposing San Antonio Solar Installers and Their Use of Dealer Fees
Are you considering going solar in San Antonio, but unsure of the best way to finance your installation? Have you heard stories of hidden costs and long payoffs, but do not know where they are coming from? The truth is many solar companies are keeping a secret from homeowners – dealer fees. These fees can inflate loan balances and extend payoffs, but do you know how to avoid them and find the best financing option for your solar installation?
Do not let these secrets hold you back from going solar. Keep reading to learn more about dealer fees and how to find a reputable solar installer in San Antonio who has your best interests in mind.
Dealer fees are a percentage of a project’s cost that is added onto the initial loan amount to lower the loan’s APR (Annual Percentage Rate). These fees can be as high as 25% of a project’s cost and are often hidden from homeowners by solar installers who are more concerned with making a fast sale than with the homeowner’s best interests.
These high dealer fees result in wildly inflated loan amounts, making it difficult for homeowners to sell their homes because of the high loan balances. Additionally, to cover these high dealer fees, loans are often stretched out to 25 years, which means a long wait for homeowners to reach the “nirvana” of free energy.
But there is a better way. By choosing a solar installer who does not charge dealer fees, homeowners can drastically reduce their loan balances and shorten their wait for free energy. This can be done by opting for a 20-year loan, even if it comes with a slightly higher APR.
But how do you find a solar installer who is honest and transparent about their fees? The key is to look for a company that is willing to expose the secrets of the bad actors in the industry. A reputable solar company will be upfront about its pricing and financing options, and it will not hesitate to educate homeowners on the pitfalls of dealing with companies that charge hidden fees.
Do not let the secret of dealer fees keep you from adopting solar energy. By exposing the truth about these fees and working with reputable solar installers who have your best interests in mind, we can help spread mass adoption of solar energy and get this technology out of the hands of the rich and into every home in America. Do not hesitate, to speak with a reputable solar installer today and find out what kind of solar loan is best for you.