8 Reasons To Reconsider Home Solar

Nov 30, 2017 | Community Solar News, Financing, Learning Resources, Solar Energy


1. Rebates: There is still currently a 30% federal tax rebate. Rebates will gradually drop beginning in 2020.

2. Control: Utility companies do not like giving up control of power generation and profits. States are enacting more regulation that is anti-solar. Utilities are adjusting rate schedules to penalize solar users. Those who get in early will save the most money and be grandfathered into existing policy. Take control of your energy needs and costs.

3. Rate Increases: PG&E just announced another series of rate increases before Diablo Canyon closes. Between December 2015 and December 2016, “a number” of approved rate increases resulted in residential rates increasing 21%. In 2017, a high usage surcharge was added, tiers were consolidated from 3 to 2, and we saw a tier price (adjustment) of +5%.  – Business Times, Feb. 17, 2017, Riley McDermid

4. Low Panel Costs: Panel prices are on the rise for the first time since 1977. In 2015, prices were $0.57/watt. In June of 2017, prices hit a low of $0.40/watt. New import tariffs and taxes are expected to kick panel prices above $0.80/watt.

5. Rising Labor Costs: As the renewables industry grows, so does demand for skilled workers. Solar energy labor costs will continue to rise over the next few years.

6. Financing: Programs like $0 down financing, low-interest loans, HELOC, and leases are still easy to acquire. Qualifying credit scores are 675 and up, making financing possible for most homeowners.

7. Savings: Homeowners who installed solar electric just four years ago have already seen a 100% return on investment. Waiting for “something to happen” will cost you thousands/year in lost savings.

8. Trust, Experience, and Value. We use every tool in the toolbox to deliver value in everything that we do, so that your system costs less to install, and saves you more. Since 1975, we have installed over 5,200 solar energy systems across the central coast, saving homeowners $45 million and counting.



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