The starting cost for a turnkey solar installation is $3.50 per watt, and goes up based on the installer, system size, and any structural adders, dependent on individual homes. This is a 15% discount off the market rate installation cost.
Financing options for participants include cash, loans or power purchase agreements. Another financing tool is available from various cities and counties throughout California called Property Assessed Clean Energy (PACE). PACE enables program participants to apply the cost of their energy upgrades to their property tax bill.
“We [Webcor] are always looking to bring unique and innovative opportunities to benefit our employees, which is why this solar program caught our interest,” said Jes Pedersen, President/CEO of Webcor. “Giving our employees the option to make their homes better for the environment is right in line with our mission of being a sustainably conscious builder. It’s important we integrate sustainability at the project level, while also providing environmentally conscious opportunities for the communities and homes we live in.”