At Innovative Energy Solutions, we get questions about solar arrays all the time. There are several common questions that our customers ask when they are considering having a system installed. Below, we answer some commonly asked questions about solar panel installation, cost savings, maintenance, and more. Contact us to schedule an appointment and evaluation at your home or business.
Q: How does solar power work?
A: Solar power uses the sun’s rays to create electric energy and converts it so that it can be used in your home or business. This electricity works just like the electricity you pay for from the electric company.
Solar panels are made up of photovoltaic cells, which capture photons (light particles in sun rays). These photons knock electrons (energized particles) free, which create electricity. The electricity is caught in a closed circuit, which travels through the wiring in your house, powering your electric appliances.
Q: What if my solar panels don’t create enough electricity to power my house or business?
A: Innovative Energy Solutions will work with you to design a solar array that meets your electrical needs while making sure you you enjoy significant savings on your electricity bill. Even if your solar panels do not cover your entire bill, you can still look forward to a substantial percentage of savings over time.
It is important to work with professionals who will give you an honest evaluation of your property and place solar panels only when appropriate. A property with too much shade or a less than optimal roof orientation will not achieve the same energy savings as other homes that may be more suitable. For these reasons it is important to understand that not every home is a good candidate for solar power. We will give you an honest assessment so that you can make an informed decision. Contact us for more information and to schedule a consultation.
Q: Aren’t solar panels expensive?
A: When they were first introduced to the general public, solar panels were very expensive because the technology used in the panels was not widely used. Since then, the price of a solar installation has steadily dropped. The U.S. Department of Energy has reported a 60% drop in the price of solar panels since 2010. The federal government continues to offer tax credits for a solar installation, as well. However, those credits will be slowly phased out over the next several years. So the time to see if your home qualifies is now!
Q: What should I look for when choosing a solar energy system provider?
A: Experience is key when it comes to solar power evaluation and installation. Innovative Energy Solutions partners with installers who have A ratings with the Better Business Bureau. They are very experienced in determining whether or not a home is a good candidate for solar power. We will work with them to ensure that all designs completed in a timely fashion and that all the necessary permits are obtained prior to the installation. You will not have to do any of this.
Your solar provider should understand the process inside and out. Even better, dealing with consultants who actually own solar panels is a huge benefit because they can speak first hand about the experience and the savings. They can also help you understand if you qualify for the federal tax breaks and how you can go about applying for them.
Q: What are my solar financing options?
There are basically three solar financing options: paying for your system in cash, take out a loan to buy the system, or you can sign a lease / power purchase agreement (PPA). The option you choose will depend on your motivation for going solar in the first place. If your goal is to achieve the best possible financial benefit in terms of energy savings, then buying a system is probably the way to go. There are loans available for as low as 2.5% – 3.0% for homeowners who qualify.
On the other hand, if all you are seeking is to have an easy way to reduce your energy bills without having to deal with any of the maintenance issues, a lease may be worth considering. Keep in mind that with a lease, you would not qualify for the federal tax credit since you do not technically own the system.
Getting Started with Solar Power
If you are considering solar power for your home or business, click the button below. Our team is happy to answer any additional questions and schedule a consultation with you.