Why should I go solar?
The benefits are endless. Aside from helping the planet, you will be saving tons of money. You will never owe your utility company.
What are the financial benefits of solar energy?
When you install a solar energy system on your property, you save money on your electricity bills and protect yourself against rising electricity rates in the future. How much you can save depends on your area's utility rates and solar policies, but going solar is a wise investment regardless of where you live.
How does a solar panel system work?
When a solar panel receives sunlight, it generates direct current (DC) electricity. However, the electricity that comes out of the outlets in your home or business is alternating current (AC). That is where the solar inverter comes into play and converts the DC current from the solar panel to AC current to power your home or business.
What is the best way to finance a solar system?
If you're looking for a way to finance your solar system, a personal loan may be your best option. Personal loans come in all shapes and sizes and often offer low interest rates and attractive terms to borrowers with high credit scores. In addition, most personal loans are unsecured, meaning you don't have to put up collateral for the loan.
Is financing available for solar?
The simplest way to get capital to go solar is through a loan, which can save you anywhere from 40% to 70% over the lifetime of your solar panels. A variety of sources offer loans, including banks and solar installers. A new type of loan is making solar energy accessible to even more people.
How much can you save with solar?
Most people can save tens of thousands of dollars on electricity costs over the lifetime of a solar panel system (25+ years). The exact amount you can save depends on many factors, including how much you spend on electricity bills, how much electricity your solar panel system generates, incentives available in your area, and more. The best way to get accurate savings estimates is to compare custom solar quotes on our Marketplace – your quotes will take all these factors and more into account.
Can my electric bill be $0?
Some solar systems produce more electricity than is used each month, bringing the net electricity cost to $0. However, there is still a minimal connection fee (about $10/ month) to remain connected to the electric grid if you do not have a battery backup.
What if a hurricane hits?
The panels are currently certified for high wind loads up to 175 mph. They can withstand a category five hurricane. In this scenario, your biggest concern is evacuating your family to safety.
Can I install a solar system on my own?
Installing a system is best handled by the professionals. It requires an electrical engineer that knows how to accurately size the system for maximum usage.
Will I be paying two bills?
If you finance your system, you will be paying back the loan for a system that you will own. You will always have a nominal grid connection fee that you will pay to your utility company (approximately $10/month). If you purchase the system in cash, you would still have the grid connection fee.
Am I too old to go Solar?
Age is but a number. You can go solar at any age and enjoy the benefits of solar energy. In addition, you will leave a legacy for the younger generations to come.