FAQs
Have Questions About Solar? We Have Answers!
How am I helping the environment by going solar?
Solar power is a 100% clean, renewable energy source. It reduces reliance on oil, coal, and natural gas for electricity production. These fossil fuels produce harmful emissions that affect the quality of air, water, and soil, and are responsible for global warming. It is estimated that between 2000 and 2065, the Earth will lose more species of plants and animals to extinction than in the previous 65 million years combined. That’s a staggering statistic and one driven significantly by the effects of greenhouse gases from fossil fuels.
How can I save on my Energy Costs?
Our customers can drastically reduce their bill on average by 35-40%. Potentially, you may even completely eliminate their electric bill by going solar, all while paying $0 out of pocket to get started. The cost of solar has dropped dramatically in recent years, falling by more than 70% in just the last decade. You will save money on maintenance too since there are no moving parts to break down
Are there tax incentives for going solar?
Another factor in the increasing affordability of solar panels is the availability of federal, state, and local tax breaks. For example, the federal solar tax credit gives you a dollar-for-dollar deduction against your federal income tax. Currently, the residential federal solar tax credit gives you a dollar-for-dollar deduction against your federal income tax equal to 30% of the final cost of solar energy systems you install on your home. After 2022, the tax credit may be reduced further so now is the time to make the move to maximize savings!
How will having solar energy affect my homes value?
Purchased residential solar panels can improve the resale value of your home. According to Zillow Economic research, homes with solar-energy systems sold for 4.1% more on average than comparable homes without solar power. For the median-valued home, that translates to an additional $9,274. A lease arrangement is a benefit when selling whether the buyer wants solar or not. Panels can be easily removed, or the lease can simply be transferred over to the new owner allowing them to enjoy the savings and knowing they too are a part of saving the planet.
Should I buy or lease Solar Panels?
Your financial goals are likely a primary factor in going solar and may impact whether you buy or lease an installation. If you purchase a new home solar system, future proceeds from an increased sale price will go directly to you.
A solar installation can only be included in a property assessment if it is owned by the homeowner and is an asset that can be transferred without obligation. The system’s warranties and performance guarantees generally transfer with the sale.
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To secure a higher sale price, it is most advantageous to buy a solar energy system for your home. However, if you decide that a lease or Power Purchasing Agreement (PPA) is more appropriate, there will be less recouped from the home sale.
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At the end of the day each home and homeowner are different. Here at State Solar Energy we pride ourselves in taking the time to help homeowners leverage these incentives in the most effective way possible for their individual situation.
Could my roof be an issue?
Obviously roof condition is a major factor. Here at State Solar Energy we conduct a complete roof assessment prior to moving forward with solar. If the homes roof is an issue in many cases we can cover the replacement at little to no cost to the homeowner!
What if it is not Sunny Outside?
Solar panels can still generate electricity on cloudy days or when the sun is not at its brightest.
What happens if the power goes out?
Your electricity would also be powered down for the safety of the maintenance workers resolving any electrical issues. There are several back-up options available. This is one of the many things we will take into account when meeting YOUR needs!
Have Questions??
Speak with one of our Solar Experts Today!