Following are Facts Homeowners Need To Know Before Purchasing A Solar System:
How Can i Tell if Solar Work from My Home?
The first consideration is how much sunlight the roof of your home receives. Your property should have clear, unobstructed access to the sun for most of the day, and throughout the year. In Colorado, the sun is always in the southern half of the sky and is higher in the summer and lower in the winter. We will make a trip to your home to assess the feasibility of a solar system on your roof. The best orientation for a solar electric system is on a south facing roof, however, roofs that face East or West may also be acceptable. Particularly now with “time of use” rates being more widely used, where rates go up between 3 and 9 PM, West facing panels can be a very good opportunity for better production during hot summer afternoons when rates are high. Flat, horizontally-oriented roofs also work well for solar systems because the solar electric array can be mounted either on the roof facing the sky or on “tilt kits” toward the south at an optimal angle. If a rooftop cannot be used, a solar electric array can also be placed on the ground using a fixed “Ground Mount” to create the best orientation and tilt for your location. We will work with you to determine the best design for your situation.
What are The Financial Benefits of Going Solar?
When you install a solar energy system on your property, you save money on your electricity bills and protect yourself against rising electricity rates in the future. How much you can save depends on the utility rates and solar policies in your area, but going solar is a smart investment regardless of where you live.
How Does Solar Increase My property Values?
Studies have shown that homes with solar energy systems sell for more than homes without them. However, your property value will only increase if you own, rather than lease, your solar panel system. In most parts of the country, going solar will actually increase your property value more than a kitchen renovation.
How Do i Claim My 30% Federal Tax Credit?
The Federal Energy Tax Credit encourages the use of renewable energy by providing a thirty percent (30%) tax credit to owners of an energy property that meets established performance and quality standards. A tax credit is a dollar-for-dollar reduction in the amount of income tax you would otherwise owe.
While most customers who qualify for Solar Century Programs have large enough tax appetite to take advantage of the full tax credit, consult your tax advisor for advice on your specific situation.
How Much Does Solar Panel Maintenance Cost?
Solar panel systems are made of durable tempered glass and require little to no maintenance for the 25 to 35 years that they will generate power. In most cases, you don’t even need to clean your solar panels regularly. If something does happen, most equipment manufacturers include warranties, although warranty terms depend on the company.
How Does My Net Metering Work?
Net metering is a billing mechanism that gives you credit for the electricity your solar energy system is adding to the grid. During the daylight hours, your system will generally produce more energy than your home is using. As a result, the excess energy is transferred to the grid causing your electricity meter to run backwards. This acts as a credit against the electricity consumed at night or when your home’s use exceeds the system’s output.