The U.S. solar business is booming with over two million solar systems installed. This renewable, sustainable energy source is the wave of the future.
In 2019, solar energy generated about 1.8% of the electricity in the United States. Solar is a great way to cut down on your energy costs.
Are you thinking about adding solar panels to your roof? It’s time to do your homework. Continue reading so you know how to avoid 5 solar panel installation mistakes.
1. Not Obtaining Enough Quotes
Don’t call one company and sign up for solar panel installation. Get 2-3 quotes from reputable solar companies. Pay attention to everything that’s in the quote.
When you compare pricing structures, understand what’s included. The cheapest quote isn’t always the best.
Different companies may include different brands of inverters and panels. Read reviews of the different companies and the brands they use.
2. Not Knowing About Incentives
Solar helps reduce your energy bills but it may also reduce your tax bill. Don’t leave money on the table at the end of the year. Make sure you qualify for the Federal Solar Tax Credit.
Ask the installer about any local tax credits.
3. Not Understanding Your Financing Options
Need money to finance your solar panel installation? There are several ways of handling the financial end. This includes third-party owners (TPO) offering solar leases and power purchase agreements.
Solar loans are outperforming leases and power purchase agreements because they’re a better deal for the residential customer. Companies like Loanpal help you get a solar-specific loan.
Buying your solar system outright allows for net metering. This helps you get the most out of the energy generated by your solar system.
Net metering ties your system into the main power grid. The grid stores the generated energy for use at a later time.
4. Misunderstanding the Warranty
When you buy solar panels and inverters, they come with a warranty. The panel performance warranties are around 25 to 30 years with product warranties of about 10-25 years.
Warranties for inverters are limited ranging from 5-10 years.
A good solar installation company offers a warranty in addition to the product warranties. Because product warranties don’t cover labor, make sure you understand your installer’s warranties.
Understand all the warranties offered for both the products and the installer’s services before signing a contract.
5. Neglecting Your Roof
Not all roofs were designed for solar panels. Ask a reliable solar engineering firm for advice about your roof before moving forward with a solar installation.
Solar panels add a lot of weight to your roof. If your roof isn’t ready, that’s a problem.
Solar Panel Installation
Solar panel installation is a great idea for reducing your bills. It’s also renewable and sustainable which helps mitigate climate change.
Get quotes from several reputable solar companies before making your decision. Understand all the incentives and make sure your installation meets the qualifications.
If possible, get a solar loan and forget about leasing or purchase agreements. Go over all warranties before signing a contract. Above all, make sure your roof can handle solar panels.
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