There is currently a ton of misinformation being shared regarding solar panels. It’s no one’s fault really— The industry has innovated rapidly over the last few years. Multiple changes have occurred and it’s been difficult to keep up with the most recent facts on solar programs.
People who have had bad experiences with sales reps or solar companies operating in unethical ways has not helped the madness in rapidly exchanging misinformation.
What is important now, is the current benefits for homeowners to understand that it’s not really a matter of IF they should go solar, it’s a matter of IF your roof is a fit. If it is, solar makes a lot of sense for you as the homeowner, your finances long term, and the sustainably of your community as it pertains to utility demand.
UNDERSTANDING WHERE POWER COMES FROM.
Power lines and transformers are reliably unstable methods of transmitting power. Right now with your utility company, that’s what you depend on. The energy travels far to get to you and is produced in ways that are not good for the environment— Imagine burning oil and black smoke.
With solar, the solar panels simply take energy from the sun and the inverter turns that into usable energy for your home. Made BY YOU for YOU.
See exactly how this works by booking a free solar call here.
CAN I SAVE MONEY WITH SOLAR PANELS?
In the proposals I’ve seen, the equity that the solar equipment adds to the home is typically dollar for dollar what the net system cost is. (The cost after the tax credit.) This is why people say “solar is free”, because they view it less as spending money and more as moving money into an asset that eliminates a liability, the monthly expense of their utility bill.
(Depending on their monthly energy usage, some homeowners are eliminating more than $500 in monthly expenses.)
They can take that $500 and pay for panels they own instead of renting their energy forever from a utility provider that raises their rates 4-8% per year.
As you can see there are multiple ways solar is a financial play and each homeowner prioritizes their unique benefits and financial goals when making the choice to move to green energy.
Even homeowners who finance their panels are recouping most of the loan amount in equity and getting rid of a monthly expense. It’s a large financial picture that— if you zoom out— it makes a lot of sense for a lot of people.
Click here to see how much equity adding solar would increase the value of your property.
WHAT MAKES MY ROOF A GOOD FIT?
Solar panels can be placed on shade structures, garage roofs, shop roofs, etc. There are a lot of options on panel placement so don’t get too stuck on how they are going to look on the home. You have a lot of freedom in that.
Anywhere where we can get the most sun exposure for the panel, getting you the most power for the panels purchased, that’s where our software will recommend to place them. From there, our concierge team can show you all options for panel placement on your property based on your preference.
To get a free solar mock-up click here.
HOW MUCH ARE SOLAR PANELS OUT OF POCKET?
We can get homeowners with a 600 credit score financed at zero down for their complete solar system: Get prequalified in less than 5 minutes!
IS THERE A TAX CREDIT FOR SOLAR?
In 2022, there remains an available federal tax credit that is 26% of the cost of a solar system. That is set to decrease next year, 2023, and it could possibly become unavailable as solar gets more popular and needs less incentivizing.
To find out what your tax credit would be for your solar system, click here.
CAN I MAKE MONEY OFF MY PANELS?
We have seen it be best practice to get Texas homeowners as close as possible to getting 100% of their families annual energy usage from the sun without going too far over.
The buy-back programs most Texans have access to, offer 1:1 net metering which will earn them credits for extra energy in some months. These individuals will pay for the energy that they pull from the utility company in other months of the year, but there isn’t profit to be made for them for a high offset over what they need.
If you have more questions about solar you can chat live with us 24/7. We look forward to hearing from you!