Financing Through Hero
HERO is a partnership between business and local government that helps more people make home upgrades that save energy and water. With this unique financing opportunity, homeowners pay for the improvements along with their property taxes over a period of 5 to 20 years. More homeowners qualify for HERO, as approvals are primarily based on home equity rather than their credit score.
Unlike a bank loan or a credit card, HERO financing involves homeowners paying for these upgrades through their property taxes. Rather than one more bill you have to pay each month, HERO financing allows homeowners to start saving water and energy right away and then to pay for their upgrades over time.
The financing process is simple and straightforward. You can apply online with the HERO program, and they provide quick approvals. From there, you choose your terms and sign the financing documents. Then, make payment through your property taxes. You choose your payment plan, with periods from 5 to 20 years. And you choose which upgrades would be the best investments for your home while saving you water and energy. There are no upfront costs, and no application fees. And if you sell your home before paying it off, the remaining balance may be able to transfer to the new owner.
Part of the HERO financing process is also finding a HERO Registered Contractor, approved by the program to install your upgrades. At Semper Solaris, we’re happy to help with all of your solar and roofing needs. We’ve served many homeowners that have used HERO to finance their Semper Solaris projects, and who are now enjoying their solar panels and greatly reduced energy bills.
Call Semper Solaris today and ask about HERO financing. There’s no reason to wait to start saving money and energy, and it’s an amazing feeling to watch the meter start running backwards once you install your new solar panels!
HERO Channel Partner
Not just anyone can install upgrades with HERO financing. HERO has developed an excellent reputation for protecting consumers from botched installations. Their consumer protection policies ensure that consumers purchase approved energy-efficient and water-saving products from contractors who are properly licensed and bonded. HERO also only approves products that are approved by the U.S. Environmental Protection Agency, U.S. Department of Energy, or other state and federal agencies.
Semper Solaris is proud to be a HERO Registered Contractor, and to provide HERO product installations. However, Semper Solaris has even gone one step above: we are now Channel Partners with the HERO program.
Channel Partners are selected from HERO’s Registered Contractors, and these partners have a special position that contractors have to qualify for. These qualifications are strict, and are based on sales numbers, establishing a good internal record with HERO, and most importantly—customer satisfaction. HERO looks at sales numbers, number of HERO projects completed, company culture, business practices, and customer reviews when selecting Channel Partners.
Semper Solaris is proud to offer top-notch service for your solar and roofing needs, and to do it in a way that is affordable for many homeowners thanks to HERO.
Solar Through HERO
One of the biggest roadblocks between homeowners and installing solar panels is simple: homeowners aren’t sure if they can afford the switch. Many homeowners love the idea of having no energy bill, of going green, and of investing into their home. But they don’t love the idea of paying a large chunk of money and not seeing the payback for a few years.
That’s where the HERO program comes in. The HERO program, or Home Energy Renovation Opportunity program, is a partnership between contractors and local governments. Contractors want work, and local governments want to see their cities become renovated, save water and energy, become more environmentally friendly, and to see neighborhood home values to go up. HERO creates a way for this to happen. Instead of paying for their solar panels up front, HERO participants receive financing plans from HERO, from five to twenty years long. And, instead of paying it off like a credit bill, homeowners pay it on their annual property taxes.
Semper Solaris has had a fruitful partnership with the HERO program. Many homeowners wouldn’t be able to afford the initial cost of solar panels, but can afford to spread out the cost via their property taxes instead. Thanks to the HERO program, Semper Solaris can install panels right away and homeowners can immediately slash their electric bills.
According to the HERO website, rooftop solar systems can offset electricity costs by 80% to 90%. For a three-bedroom home that runs the air conditioning and laundry often, electricity bills are usually around $150 per month. However, after installing a 3.75kW system, the bill could be only about $30. For a five-bedroom home, especially with a home office and pool, electric bills are often over $325. However, with a 4kW system installed on the roof, homeowners can expect a bill of just $65. Depending on your personal electric bill savings, and because Semper Solaris installs systems that last for decades, this could mean a savings of over $100,000 for the lifespan of your solar power system.
There’s no reason to wait, because your savings on your electric bill could start right away. Financing rates and solar costs are at a steady low, so now is the perfect time to make the switch.