FREMONT, Calif.--(EON: Enhanced Online News)--Today, PetersenDean Roofing and Solar, announced a new loan to own program for its Power Saver Solar line of products that will require no money down, no interest and no payments for twelve months. Consumers that participate in the new loan program can potentially pocket over $13,000 in tax credits and electricity savings in year one.
“Think about this, a California consumer that is paying .30cents per kilowatt hour for electricity and consuming 13,500 kilowatt hours per year would purchase a Power Saver 9000 (roof top solar power system), this would provide 100% of their electricity needs and would enable them to take a 30% federal tax credit on the price of the system and as long as the consumer paid for the system at the end of the first year, they would pocket over thirteen thousand dollars. And if they don’t want to pay the system off, they can convert the balance to a simple, term loan product at competitive interest rates. This is the biggest no brainer in the history of civilization,” said Jim Petersen, founder of PetersenDean.
The new loan product launched on October 15 and according to Petersen, they have already taken over four-hundred reservations throughout California, with plans to reserve over one-thousand systems per month by second quarter 2014. PetersenDean employs over four-thousand trained field workers, with plans to double its workforce within the next five years.
PetersenDean is the nation’s leader in roofing and solar energy systems having installed over one-million new roofs and solar power systems since 1984. PetersenDean, has also been an active critic against solar leases and is continuing to pave the way towards producing clean, inexpensive and renewable energy that American consumers can own and benefit from for the rest of their lives.