How Much Could You Save By Going Solar?


What You Need To Know Before Contacting a Solar Installer

SOLAR PANEL COST

    The cost of the solar panels depends on several factors, including the overall size of the system. The installation company will examine the amount of electricity that you currently use in order to determine the number of panels that you’ll need. This also requires a careful look at the average weather conditions, too.

    SOLAR PANEL SYSTEM

    A solar power system includes much more than just the panels. The panels connect directly to an inverter that converts the DC current into AC current, or useable energy, to power your home or properties’ needs. Depending on roof type or installation type, different mounting equipment is required.

    THE PROCESS

    Once you are in contact with a solar panel installer, be prepared to ask (and answer) questions that will help both you and the company determine your needs. They will typically need to learn more about your energy usage and utility provider to determine the best system for your needs. There are several additional factors to consider when going solar as well (tax credits, solar financing etc). Once this is complete, they will provide a comprehensive cost/savings estimate to go over your options.

    Free Solar Calculations

    What You Need To Know About Solar Power

    Did you know – You don’t need direct sunlight to power your solar panels? While direct light does help produce the most energy, even indirect sunlight (the kind that shines through on a cloudy day) can be captured by your solar cells and turned into usable electricity. Plus, power produced by solar panels can run everything in your home and business – including your air conditioner, furnace, all of your lights and all of your appliances.

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    Solar Panels Financing Options

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    Solar Loan

    A solar loan is exactly what it sounds like – a loan that you take out in order to pay for your solar panels. Some people take out a HELOC on their home or business to finance this purchase. There may be special solar loans offered by your utility company, your state, bank, or other lenders.

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    Solar Lease

    A solar lease, also known as third party lease, is an option where you lease the solar panels for a 15-20 year period from the installation company. The installer technically owns the panels during this period, making them responsible for any upkeep and repairs that need to be done.

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    Solar PPA

    The intials “PPA” are short for Power Purchase Agreement. The solar panels and their installation are paid for through an agreement between the installation company and the property owners. You end up paying them a cost based on the kilowatt hours produced instead of a standard, fixed monthly fee.

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    How Do Solar Panels Save your Money?


    Just because you have solar panels installed on your house, doesn’t mean that you won’t still be hooked up to your electricity company. However, if your home produces enough solar power, it will flow backwards into your meter and you’ll receive a credit on your monthly bill.

    solar panel savings per year solar panel savings per year

    1

    Solar cells collect sunlight and turn it into direct current(DC)

    2

    An inverter converts that electricity from DC into Alternating Current(AC)

    3

    The AC then flows to your electrical box

    4

    The electricity Powers your home

    Switching To solar Power Will Save you money. Here are some facts and figures

    CALculate your solar Savings

    Cost of installation can vary depending on your overall energy needs and state in which you reside. Factors that influence cost include – number of solar panels needed, labor and other installation charges, government incentives and utility-specific solar programs. Likewise, the amount you will save on your utility bills changes as well depending on your specific situation and geographic location. The numbers listed below are national averages.

    $16,000

    17%

    $30,000

    Avg. Total installation Cost for a 5KW systems
    Avg.Property Value Increase After Installation
    Avg.20-year Utility Savings

    $16,000

    Avg. Total installation Cost for a 5KW systems

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    Avg.Property Value Increase After Installation

    $30,000

    Avg.20-year Utility Savings

    State Avg Cost Per Watt for Installation Avg. Lifetime Savings
    Alabama
    Alaska
    Arizona
    Arkansas
    California
    Colorado
    Connecticut
    Delaware
    Florida
    Georgia
    Hawaii
    Idaho
    Illinois
    Indiana
    Iowa
    Kansas
    Kentucky
    Louisiana
    Maine
    Maryland
    Massachusetts
    Michigan
    Minnesota
    Mississippi
    Missouri
    Montana
    Nebraska
    Nevada
    New Hampshire
    New Jersey
    New Mexico
    New York
    North Carolina
    North Dakota
    Ohio
    Oklahoma
    Oregon
    Pennsylvania
    Rhode Island
    South Carolina
    South Dakota
    Tennessee
    Texas
    Utah
    Vermont
    Virginia
    Washington
    West Virginia
    Wisconsin
    Wyoming

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    Our experienced team is highly ingrained in the solar industry. We’re on the pulse of the latest technology, nuances and political landscape that directly affect the solar industry. With our personal touch, we are able to rapidly adapt and evolve with our clientele, ensuring an exceptional experience for each individualized client.

    Headquartered in Denver, Colorado with a satellite office in Southern California, Solar Setters LLC represents some of the best solar companies in the nation. Our firm specializes in a number of solar support services. From grass-roots lead generation to catered appointment setting, we work to ensure the best possible sales opportunities for highly regarded solar operations. We not only professionally set appointments, but assist in sales system set-up, optimization and lead generation. We bring extensive experience and professionalism to every situation, utilizing our custom support to best support your company and it’s customer base.

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