UNDERSTANDING SOLAR POWER
Knowledge is power and we know the topic of solar can seem intimidating. We pride ourselves on client education because understanding solar is the key to our joint success.
UNDERSTANDING SOLAR POWER
What is Net Metering?
NET metering, short for "net energy metering," is like a friendly handshake between your solar panels and the electric grid. When your solar panels generate more electricity than your home uses, the extra power flows back into the grid, and your electric meter runs backward, giving you credit. On cloudy days or at night when your panels aren't producing enough, you can draw electricity from the grid. At the end of the month, you pay only for the "net" electricity you used – the difference between what you produced and what you consumed. It's a win-win for your wallet and the environment, as you can save money on your energy bill and contribute to cleaner energy sources.
UNDERSTANDING SOLAR POWER
Is My Home Suitable for Solar?
To determine if your home is eligible for solar, several key factors should be considered. First and foremost, your home should receive ample sunlight throughout the day. Ideally, your roof should have a south-facing orientation to maximize sun exposure, but east and west-facing roofs can also work well. Additionally, the condition of your roof is essential; it should be in good shape to support solar panel installation. The layout of your roof is another important aspect to consider; a clear and unobstructed area is ideal for optimal solar panel placement. By evaluating these factors, you can determine whether your home is a suitable candidate for harnessing the power of the sun with solar panels.
UNDERSTANDING SOLAR POWER
Is Solar a Good Investment for My Family?
Solar energy isn't just an eco-friendly choice; it's a savvy financial decision, especially in the face of rising energy costs. Studies conducted by renowned organizations like Berkshire Hathaway and Zillow have consistently shown that solar panel installations significantly boost a home's value. In states such as New Jersey, homeowners have enjoyed an average home value increase of 9.9% after going solar. But the benefits extend beyond immediate gains. With energy prices continuing to climb, investing in solar now locks in a lower, more predictable energy cost for the future. As utility rates rise, your solar investment becomes increasingly valuable, ensuring not only savings today but also substantial financial benefits in the years to come. Solar isn't just about reducing your environmental footprint; it's a strategic move to safeguard your finances against rising energy expenses.
UNDERSTANDING SOLAR POWER
Think You Can't Afford Solar? Think Again.
Are you worried about the upfront costs of going solar? We've got great news for you! With our affordable zero-down financing options, your monthly solar payment can actually be lower than your current electric bill. But here's the real game-changer: instead of shelling out money to the utility company with fluctuating rates, you'll be investing in your own solar system, which is a valuable asset for your home. Plus, you're likely to become cash flow positive from day one, especially if you can take advantage of the 30% federal tax credit (ITC) and if you live in a state that offers incentives like SRECs. Say goodbye to unpredictable energy bills and hello to a brighter, more cost-effective future with solar energy. Don't miss out on the opportunity to save money while increasing the value of your property – contact us today to learn more!
