Frequently Asked Questions
What happens if I want to sell my house?
The funding options nowadays are a lot more favorable than in the past. You have no obligation to pay off the balance of your solar loan if you choose to sell your home, the remaining balance is instantly transfered to the new home owner upon sale of the property. The banks view this as a utility swap and it has no effect on your debt to income ratio. The warranty is also fully transferable to the new homeowner.
Note: Most people view solar panels as a luxury and will be more than willing to buy your home for a premium because they will be locked into the same low rates for thier electricity that you qualifed for now!
Is there a Warranty ?
There is a full 25 year warranty that guarantees the annual kWh production of system, parts, labor, workmanship, and your roof is also covered for penetration damage and leaks for the same 25 years. The Life Expectancy of your equipment is 50 years.
How long does this take to start saving money?
Once your projects application is approved, the system will be active within 30-90 days depending on your location.
As soon as your system Is active you will be saving money on your power from that day forward.
What if I dont qualify for all of the tax credit ?
If your tax liability is lower, you are able to claim the tax credit over the next 5 years.
Check with your tax advisor about specific circumstances.
Is there any maintenance required?
Solar panels require no maintenance! You can monitor your systems production from an App on your smart device. It might make them look nicer to spray them off with a garden hose once or twice a year, but it is not required.
