Buyer Beware When It Comes to Solar Panels

With the increasing popularity of solar power, there has been an influx of solar marketers who are anxious for your business. You may have received at least a few phone calls, visits or emails from some of these companies. Some are legit while others overpromise energy savings, install less-than-quality equipment or mislead with unclear financing and warranties. In other words, “caveat emptor” or buyer beware!

Here are three ways you can ensure you’re choosing the right solar panel installer and avoid getting ripped off.

Understand Your Energy Usage

Take a look at your monthly electricity bills over the last couple of years. If your bill averages $100 or less, you may not obtain sufficient savings from solar to justify the cost. You’ll also want to consider your roof. You’ll need to have sufficient rooftop space to accommodate solar panels. As well, your roof will need to be in sufficient condition to properly support the panels. Thus, be suspicious of any company that is trying to sell you a system that doesn’t make sense for your particular needs.

Familiarize Yourself with Net Metering

Unless you’re located in the far reaches of the greater Phoenix area, you won’t be able to go completely off the grid. Thus, you’ll still be connected to your local utility company to enable you to receive conventional energy when your panels aren’t generating sufficient electricity for your needs. This connection also allows you to send energy your panels are producing back to the grid.

As part of a solar system installation, you’ll receive a meter that regulates this process. You’ll receive credit for excess energy you produce which can further decrease the cost of going solar. But, don’t believe an installer who says you’ll be completely grid-free.

Choose a Qualified Installer

Unfortunately, some homeowners have been burned by less-than-honorable contractors who deliver poor quality equipment, faulty installation or insufficient warranties. Take the time to check an installer’s references and online reviews. You can also gain insights by contacting the Better Business Bureau.

At Cool Blew Solar, you will gain peace of mind with a proven, experienced solar installer that understands the latest technology, knows the details of tax breaks, incentives and financing and has the expertise to get the job done right the first time. Call us today to learn more about solar panel installation and the potential savings you can gain.

FAQ's

Is Solar Energy Expensive?

The size of your panel installation and the needs of your home will affect your costs. The average net cost of a 5.69kW system is $13,838 cash after 30% rebate (according to solar-estimate.org). An average-sized system can cost up to $35,000. Larger installations will require more hardware, planning and construction time. This can further increase costs. While solar panels are expensive, they have many distinct benefits. Cool Blew Electric & Solar’s experts can assess your situation and goals and recommend a cost-effective system to meet your needs.

How Much Can I Save By Installing Solar Panels?

An average-sized system (5 kilowatts) can reduce up to 50% of your monthly electricity bill. A 5.69kW system would offset 100% of your energy usage if your typical monthly bill is $138. Over a period of 20 years, these savings can add up to $30,000, based on your location and energy usage.

How Long Would It Take to Recoup My Solar Investment by Solar Energy Savings?

With a 5.69kW Solar system you would recoup your savings in 7 years and 2 months but with continuous Utility increases every year your Return and Investment will be much sooner.

What is a Solar Lease Program?

The Solar Lease Program has been one the most popular option that homeowners have chosen over the years. Solar Lease programs gives homeowners the opportunity to take advantage and put Solar on their homes and a guaranteed savings from their Utility for little to no money out of pocket. Most Leases are 20 year power guarantee from the solar provider and includes fixed monthly payments, no repair cost, fully insured and warrantied for the life of the system.

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