In most cases, your solar power system will be shut off. This ensures the power company’s technicians are not injured due to your system sending energy back to the grid. However, if you have a battery bank installed in your home, you can use stored energy until the power comes back on or you run out.
Are there solar energy incentives or rebates available?
Your solar rebates will vary based on where you live. However, a national incentive does exist for solar energy. The
federal solar investment tax credit (ITC) allows you to deduct 26% of your solar system from your taxes through 2021.
What are your solar financing options?
You will find three primary options when it comes to financing options and solar power. You can pay cash, take out a loan, or enter into a power purchase agreement (PPA).
Is it better to buy or lease my solar panels?
It depends on your financial situation. If you’re looking to maximize financial returns from your system based on energy use, you will want to purchase your own system. Do you want an easy-to-use, relatively maintenance-free energy solution? You could achieve that leasing a solar system.
Is a solar loan or a solar lease better?
There are advantages and disadvantages to both options. It also depends on your financial situation and energy goals when it comes to deciding which financial option is better for you. Whether you choose to lease the system or take out a loan to fund it, you will be helping the environment and creating a better future for your family and your community.
What’s the best way to choose a solar loan?
It has to make sense financially for you and your budget. Although investing in solar is a smart idea for you, your family, your community, and the environment, it has to make sense. It’s important to discuss your budget, your finances, and your ultimate goal with solar energy with a professional to make the best decision possible.
West Coast Solar Answers Your Solar Questions
If you can’t find an answer to your question,
give us a call. We do our best to answer all your solar questions, and we’ll continue to answer more questions as we hear them from you. If you’re interested in a new solar system, we can help. Our years of experience and expert technicians can assist you in designing, installing, and maintaining your solar energy system.
