Solar Companies manufacture and install the hardware needed to produce solar energy. These include solar panels, inverters, batteries and racking systems.
Ask potential solar companies for referrals from happy clients in your area. Look for a power-production guarantee in your contract. If you are signing a PPA or lease, make sure the company offers an escalator clause that increases your payments by no more than local utility rates. Visit https://theampsolarcompany.com/ to learn more.
1. Increased Home Value
Many people think of solar as a way to save money on their electricity bills, but going solar can also help boost home value. According to Zillow, homes with solar energy systems sell for 4.1% more than comparable properties without them. This “solar premium” demonstrates that prospective buyers are willing to pay more for homes that are more sustainable and environmentally friendly.
This is especially true for homes in areas with high electricity rates. In fact, a study by the Lawrence Berkeley National Laboratory found that every dollar saved on electricity by a homeowner with solar panels increases their property value by roughly $20.
However, it is important to note that the increase in home value from solar depends on several key factors. The first is the location of the home, as some states have higher electricity rates than others. Also, the size and age of the system can play a role in how much a home with solar will sell for.
In addition, it is also important to choose a reliable solar company that can provide long-term financing for your solar system. This will help ensure that you are getting the most out of your investment, and that you will be able to reap the benefits at the time of resale.
While most solar companies offer financing options that extend over 20-25 years, many are amenable to putting together custom financing plans that match your ideal timeline. Also, it is important to make sure that the solar company you choose has a strong track record and a solid reputation amongst installers and homeowners alike. Some solar companies have gone out of business in the past, leaving homeowners high and dry, so it is important to do your research before committing to a contract.
One great way to do this is by reading online reviews and complaints. This will give you an idea of the quality of service that a particular solar company provides, as well as any common issues that they tend to run into. Additionally, if you have any questions about specific terms or conditions in your agreement, it is always best to discuss them with a representative from the company directly before signing anything.
2. Reduced Energy Bills
As the solar industry continues to grow and innovate, homeowners are seeing significant savings on their energy bills thanks to solar companies. Many of the top solar companies are also offering incentives such as the 30% federal tax credit, which can further reduce the cost of installing a residential solar system. This makes going solar an excellent option for homeowners who are looking to save money on electricity bills and do something good for the planet.
When selecting a solar company to drill holes in your roof and help you navigate financing, it’s important to select a company with a solid track record and reputation in the community. Additionally, you should look for a solar company that has been around for at least 25 years and has a long history of manufacturing high-efficiency PV modules.
One of the best ways to determine if a solar company is reputable is by reading online reviews and complaints. You can find a number of great resources such as Yelp and Google reviews to get an idea of the experience other homeowners have had with a given solar company.
A solar installation company that provides a warranty for its products should be of particular interest to prospective customers. This can give homeowners peace of mind that their investment in solar is protected, especially if the company goes out of business or is acquired by another entity. Additionally, a warranty is a good way to ensure that the solar company is standing behind its product.
In addition to researching customer reviews, potential solar customers should also be familiar with local incentives and regulations that may impact their investment. Many utilities have “non-bypassable charges” that are not offset by solar production and/or have less favorable net metering policies, which can reduce the amount of bill savings generated by going solar.
Additionally, many states have policies that limit the amount of electricity that can be exported to the grid, which means any excess solar energy will be curtailed and not used to offset your utility bill. By understanding these issues, you can make an informed decision about whether or not going solar is the right choice for your home.
3. Reduced Carbon Footprint
Carbon dioxide is a greenhouse gas that contributes to climate change. Burning fossil fuels like natural gas, oil, and coal produce significant amounts of CO2. Carbon emissions deplete the ozone layer, heat the planet, and change the Earth’s climate. By using solar energy, a home can significantly reduce its carbon footprint. Solar companies can provide the information and guidance needed to make this transition.
The production of solar panels has a small carbon footprint. It is much smaller than the carbon footprint of mining or producing other forms of energy such as natural gas (which produces 117 lbs of CO2 per million British thermal units) or coal (which produces 200 lbs of CO2 per million BTUs). Additionally, once installed, solar panels are a clean source of electricity, producing no emissions at all.
Solar companies are also able to help homeowners find rebates and incentives to offset the cost of installation. This makes it even more affordable for consumers to switch to green energy. To maximize the benefits of solar energy, it is important that consumers work with a company that understands the various government and utility programs available to them.
While it may seem counterintuitive, a solar business that prioritizes value and quality over the need to be the least expensive option is more likely to build long-lasting customer loyalty and retain their position as an industry leader. In addition, it is more likely to survive the inevitable changes in the renewable energy environment that has forced many other solar companies out of business.
If you are considering starting a solar company, it is essential that you have the right team in place. This means finding experts who are NABCEP certified, and making sure everyone on your team knows the ins and outs of the technology they are selling. You should also be up to date on the latest rebates and incentives, as this can save customers a lot of money and make your business more competitive. You can also network with other solar companies to learn what works and what doesn’t.
4. Increased Home Value
As solar companies continue to develop new technology, they’re looking at ways to make their products more attractive to consumers. This includes offering better financing options, like 20-25 year terms with low 1.99% interest rates. In addition, some companies are now accepting credit cards, which can reduce the overall cost for homeowners.
In addition, solar companies are focusing on increasing the efficiency of their systems. This is because they’re aware that a higher efficiency rating means lower operating costs. As a result, customers can save money on their energy bills and reduce their carbon footprint.
Other studies have found similar results, with some indicating that home buyers are willing to pay a premium for homes with solar energy systems. These studies have also found that leased solar systems don’t add as much value to a home, so if you plan on selling your property in the future, it may be best to purchase your system instead of leasing it.
Many mortgage lenders have begun to recognize the benefits of solar energy, and are offering more financing to homeowners who want to install them. This trend will likely increase as consumers become more aware of the financial benefits and environmental advantages of switching to renewable power.
Many states are promoting the adoption of solar energy by offering tax credits to encourage homeowners to invest in this green technology. The credits are a great way to offset the initial upfront cost of solar energy and can provide substantial savings in the long run. This incentive is especially important for homeowners with high electricity bills, which can often exceed $2000 per month.
