Speak With A Solar Advisor (940) 208-0150
FREQUENTLY ASKED QUESTIONS ABOUT SOLAR ENERGY
- Would you like to wave goodbye to high electric bills? If yes, then solar is right for you. New federal, state, and local solar programs are making it possible for homeowners and commercial businesses in the State of Texas to save money on their utility bills by installing solar panels on their home or business for less than what they're currently paying for electricity. Homeowners and businesses can claim the Investment Tax Credit, more commonly referred to as the Federal Solar Tax Credit, which offers homeowners and businesses a 26% tax credit for the installation of a new residential or commercial solar power system. This tax credit has allowed hundreds of thousands of homeowners and businesses in the United States to install solar panels on their homes or businesses for less than what they previously paid for electricity.
- Our team of licensed contractors will conduct a site survey to determine if your home or business is suitable for a solar energy system.
- When you go solar, you will see an immediate return on investment in the form of a lower energy bill. To calculate exactly how much you could save by installing a solar energy system on your home or business, request a solar consultation with one of our trusted solar advisors. Our team will analyze your current and historical energy consumption, determine if your home or business is suitable for a solar energy system and review federal, state, and local solar incentives, rebates, and tax credits in your area. Homes and businesses with solar power systems that produce more energy than consumed will receive a billing credit from their utility provider for excess energy produced.
- From the moment your new solar power system is powered on, it will begin to produce power. Net metering is how utility companies track and measure the power produced by your solar panels. With net metering, you only pay for the energy consumed that exceeds the energy produced by your solar system. With net metering, it is possible to reduce the amount you owe on your monthly utility bill to $0 or even receive a billing credit from your utility provider for excess energy produced by your system.
- According to the Solar Energy Industries Association, the cost to install solar has dropped by more than 70% over the last decade thanks to federal, state and local solar incentives such as the Investment Tax Credit, more commonly referred to as the Federal Solar Tax Credit.
According to the Office of Energy Efficiency & Renewable Energy, an office of the U.S. Department of Energy, solar power is more affordable, accessible, and prevalent in the United States than ever before.
There is no one-size-fits-all answer to how much do solar panels cost? Solar panel cost will vary from system to system. Factors that can affect the cost of your solar energy system include:
● How you acquire your solar energy system (purchase, lease, finance, power purchase agreement)
● Availability of federal, state, and local solar incentives, rebates, and tax credits in your area
● The size of your solar power system
● The energy consumption of your home or business
● The energy production of your solar system
● Net metering availability and policies
● The cost of electricity in your market
● The sun exposure of your roof/property. - Most residential and commercial solar energy systems only take a day to install, depending on the size and location of the solar energy system.
- We partner with the most trusted equipment manufacturers in the solar industry, various components of your solar energy system will need to be serviced or replaced at different times, but solar panels are projected to work for up to 50 years, with some loss in efficiency over time.
Our solar energy systems come with an industry standard:
● 10 year roof penetration warranty
● 25 year manufacturer warranty on inverters
● 25 year manufacturer warranty on solar panels
Meaning you will be able to save money on your electric bill for at least the next quarter-century. - Homes and businesses with power grid interconnected solar energy systems will continue to receive a billing statement from their utility provider. However, with a solar power system that matches your energy consumption, you may reduce the amount you owe to $0 or even receive a billing credit from your utility provider for any excess power produced by your solar panels. If you finance your solar power system, you will also receive a bill for your system. However, the combined total will be less than what you are currently paying for electricity.
- Solar panels are composed of smaller cells called photovoltaic (PV) cells. PV cells work by absorbing solar radiation (sunlight) and converting it to useable energy to power your home or business through the use of inverter technology. Even on cloudy days, solar radiation will penetrate through cloud cover, and your solar energy system will continue to produce power at a lower power output due to less than ideal weather conditions.
- Unless your home or business is equipped with a backup power system such as backup generators or solar batteries to provide emergency power during an outage, you'll lose power too. Although your solar energy system is capable of powering your home or business during an outage, it not safe for power grid interconnected systems to produce or send power to the grid while utility workers working on power lines attempt to restore power.
- We recommend that you consult the decision of whether to buy or lease your solar energy system with one of our solar advisors. No two clients are alike, our dedicated team of solar experts will review your unique case to determine whether a purchase, lease, finance, or solar power purchase agreement is right for you.
- Not only can adding solar panels to your home help to significantly reduce or completely offset your electric bill, but it can also potentially increase your home value. According to a study published by Zillow, homes with solar panels sold for 4.1% more on average than comparable homes without solar panels.
- Texas property tax codes allow an exemption for 100% of the amount of the appraised property value increase arising from the installation of solar energy devices used primarily for on-site energy production and use.
- Yes, if you decide you want to add more solar panels, as long as your roof or property has the room for additional solar panels, it can be done.
- According to a study published by Zillow, homes with solar panels sell for 4.1% more on average than comparable homes without solar panels.
If you decide to move, you can choose to pay off your solar energy system at the time of sale or you can transfer the loan, subject to the lender's approval, to the new property owner.