Considering the Switch?
Thousands of people are now switching to solar energy because of the many benefits it provides. Homeowners and businesses are taking advantage of what solar has to offer. When making the decision it’s always nice to see things in black and white. Below are many reasons why solar may be a smart move for you.
Reduce Your Carbon Footprint
27% of America’s carbon emissions are attributed to the electric sector. When you install solar you are using clean and renewable energy and reducing your own carbon footprint. An average residential solar panel system can eliminate 3-4 tons of carbon emissions which is equivalent to planting over 100 trees annually. Solar energy contributes to a sustainable future.
Put an End to the Rising Cost
The cost of energy has gone up over 37% in Colorado over the last year. The trends only show that it will continue to rise. By switching to solar you can lock in your monthly utility cost and own your power. No longer will you be beholden to the utility company and their policies. Solar allows you to take control of your power.
Increase the Value of Your Home
While usually homeowners don’t add solar for the sole purpose of increasing their home’s value it is an added benefit. Based on a Zillow analysis homes with solar panels will sell for an average of 4.1% more. The system pays for a good portion of itself by immediate increased equity in the home.
Go Off Grid
Homeowners now have the option to be off grid. In the last years we have seen many disasters knock out power for weeks at a time in some areas. This led to thousands of people inconvenienced, homes damages, food wasted, and lives put in danger. Installing solar panels and a battery gives you the ability to power your home while the main power grid.
Is there any kind of energy tax credit?There is a 30% federal tax credit you may be eligible to receive. Depending on your state or utility service you may have additional tax credits or incentives.
What happens if we get hail?Solar panels are made to be very durable. In rare occasions you will have a panel damaged. Most likely this will be covered under your homeowner’s policy, but that will vary depending on your coverage. Most of the time your panels will be fine, but your roof may need to be replaced. In this case your panels would be detached and reset along with a roof replacement.
What is net metering?Net metering is a billing system that credits solar energy produced by residential systems. When your system generates more energy than you are using that goes back into the grid system and is credited to your account. During times where your solar system is not producing the amount of energy needed, your credits will be applied as you use power coming from the grid.
Will you pull a permit?Yes. A permit will be pulled by the installer on all solar installations to make sure we are in compliance with your municipality’s codes. The process varies between cities and counties but usually include plan reviews and inspections of the panel installation.
How do solar panels work at night or on cloudy days?Solar panels need sunlight to produce energy so at night they don’t work. That is when you will be pulling your energy back from the power grid. On cloudy days they will still produce energy but a diminished rate.
Do solar panels make me off grid?While you have the option of going off grid with solar panels most are still tied into the grid. This allows you to use power from the grid when your panels aren’t producing during low light times, like at night or cloudy days, and send power back into the grid when you are producing more power than you are using
Will I have power if there is an outage?Unless you have a battery attached to your system unfortunately you won’t have power. If you choose to add a battery to your system, you'll have power for as long as the battery has a charge. Your battery size and your energy consumption will determine how long that will last. Fortunately, your battery can recharge if it is sunny out even while the grid is down.
How do solar panels affect the value of my home?On average, people see a 4% increase in the value of their home. For example, a $500,000 home would typically see an increase of about $20,000. In some areas an even higher increase.
Is there any financing available?Yes. Many people prefer to finance their solar system and we now offer many financing options as low as 1.49%. With loan terms anywhere from 5 to 25 years. We will customize your financing to help you meet your financial goals. None of our financing has pre-payment penalties so you can payoff as early as you choose.
What does a solar system cost?There is no upfront cost required. The cost of each system varies depending on your energy needs and your roof configuration. We want to replace your current electric bill with your fixed monthly solar payment, so it doesn’t add anything to your monthly budget. As the cost of energy continues to rise, our goal is that you save money in the upcoming years by having a fixed payment and owning your own power.
Should I replace my roof before installing solar panels?Depending on the age of roof, now may be a good time for a roof replacement. The new average solar panel will last 25–30 years. No one wants to install solar and a year later must replace a roof as detaching and resetting the panels is a costly endeavor. Fortunately, we are partnered with a roofing company and can assess if a new roof is necessary. Usually, the cost of the roof can be rolled into the solar loan.
How do I know my home is suitable for solar panels?We will come out and create a custom design for your house based on your electricity usage. We will consider the roof design and tree coverage to create a plan that is best for you. Not everyone’s home will meet the criteria.
Interested in Solar?
Solar doesn’t work for everyone, but at Peak to Peak Solar we believe it’s our responsibility to educate you on solar energy so you can make an informed decision if solar is right for you. Schedule a free consultation with one of our solar specialists.