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Solar Panel Tax Credits In 2018: Here’s What You Need to Know

Is your heating bill out of this world? Are you tired of paying ridiculous electric bills? You might want to look into installing energy-efficient solar panels. Solar power is cheap, clean, and completely renewable. Panels soak up the sun’s energy and can heat your home or office. They can also heat water and minimize your electric bill. Some homeowners have so much surplus solar energy that they can feed electricity back into the grid and pay you in the form of a credit on your energy bill. What a turnaround! Thanks to federal and state solar panel tax credits in 2018, you can get more than 30% of your money back when you install new solar panels. We’ll take you through everything you need to know about solar panel tax credits in 2018.

Benefits of Solar Power

One of the most encouraging benefits of installing solar power is that your home value will increase. Experts estimate that your home will increase in value by an average of $15,000 in the more solar friendly states. Solar power can be the first step to going completely independent from your utility company. All of our systems are currently grid tied simply because the economics of batteries do not make any sense. However, once the price of batteries come down then you could easily transition to going off the grid. If you have a business, you’re losing customers with every minute of a blackout. Restaurants could lose thousands of dollars in produce and meat during an extended power outage. Why risk such a big loss? Solar power can run backup generators and keep your business in business during a crisis. Once you’ve decided to get solar power, we will come to do a “solar analysis” on your property. We will look over your power bills and evaluate your roof. We’re looking for a clear spot that is not in the shade. Solar power won’t work on everyone’s property, but we can help make that decision.

Solar Panel Tax Credits in 2018

We all know that solar energy is great for the environment. There’s no waste and newer solar panels are efficient and affordable. The great news about switching to solar power is that the federal government has authorized solar tax rebates of 30% through the end of 2019. In 2020, the solar tax rebate amount will be reduced to 26%, which is still a great incentive to go solar. In 2021, the deduction rate will be 22%. Taking the time to invest in a solar installation now could save you thousands of dollars. If you’re concerned about the cost of installation, you should know that we do offer financing. We’re committed to bringing solar power to Northwest Arkansas, Southwest Missouri, and Kansas City, Missouri. You could be eligible for a secured or unsecured solar loan. More than 25 states also offer PACE, or Property Assessed Clean Energy programs, for commercial properties. There are also three states — Missouri, California, and Florida — that offer their own programs to homeowners who would like to go solar. They use your property as collateral and offer a 3% interest rate to program participants. If you’re thinking of going through a PACE program to get your solar installation, you should know that the financing they provide is tax-deductible. When it’s time to claim your deduction, you’re going to need IRS form 5965. You will need to complete the worksheet and then place your deduction amount on line 53 of your 1040 tax form.

Long-Term Benefits of Solar Power

Most solar power installations have a warranty of 25 years. Over the life of your solar panels, you have the potential to save $50,000 or more. You’ll start saving right away and you should notice your electric bill shrinking within the first month. Another benefit of solar power is that your rates will never go up. Electric companies love to charge more per kilowatt, but they don’t always warn their customers about a price increase. Nobody owns the sun, so nobody can charge you for accessing that energy. As we discussed, your home’s value will certainly rise. If you have a vacation home, you may still be able to get the solar panel tax credits in 2018. You may have to prove how much time you spend at your vacation residence, and you may be eligible for a pro-rated deduction amount. When you install solar panels, you’re removing pollution from the world. A standard five-kilowatt system saves five metric tons of pollution from going into the atmosphere every year. In general, reducing your carbon footprint is a great feeling. Knowing that you are directly contributing to reducing pollution and waste is a point of pride. Young home buyers have so many options now that it’s important to make your home stand out in a crowd. Offering energy-rated appliances and solar power could push your home to the front of the line. The average electric bill for an American home is $200 or more. What could you do with that additional money every month? You could do other home repairs, travel, or invest.

How Can I Get Started?

The first step is to schedule a solar analysis for your home or business. We won’t sell you a system unless it makes sense for your property. Some homes, unfortunately, just have too much shade for a solar panel installation. We have a strong code of ethics when it comes to our customers. We will always leave your home clean after a solar panel installation and our technicians always undergo a background check and a drug test before being hired. We won’t sell you a system you don’t need. If you’re considering using your solar panel tax credits in 2018, the project needs to be finished by the end of the year. We are flexible with our installation schedules and will work with you to complete our project on time and on budget. Take a minute and send us an email with a good time to reach you. We are committed to providing affordable, renewable energy for Arkansas and Southwest Missouri. We’re looking forward to working with you!

Do Solar Panels Really Increase Your Home Value?

Everyone wants to increase their home’s value. Maybe you’ve considered a remodel or a fresh coat of paint. But have you considered whether or not solar panels can help?

Perhaps you’re planning to sell your house in a few years. Or maybe you plan to enjoy your current home for as long as possible, but want to be prepared when the right time to sell comes. Either way, it’s always a good idea to find ways to boost the value. Experts agree that selling a house is one of the best ways to make a profit – and you can maximize those profits with the right upgrades.

Do solar panels increase home value? If so, by how much? Let’s take a look at whether or not solar panels should be a part of your home value growth strategy.

The Value of Solar Panels

When you make upgrades to your home, you’re making an up-front investment, in the hopes that it will later pay for itself. The value of solar panels lies in the fact that they will always pay for themselves in enough time (as long as your roof gets enough sun).

Solar panels result in energy savings that are easy to tally up every month. Within a set period of time, the cost of installation will be covered by these savings. And even after that cost is covered, the savings continue.

Depending on where your home is located, there might also be state as well as federal tax breaks for solar panel installation. Of course, if you’re selling your home soon, the cost of adding solar panels might seem like it’s not worth it. But buyers are often enticed by the savings, too.

Do Solar Panels Increase Home Value?

The short answer is yes. Many buyers will pay more for a home that has solar panels because they know they can count on regular future energy savings. For them, the initial investment of paying more for the home will pay for itself in their energy bills over the months.

However, there’s one caveat. You have to actually own the system of solar panels that you installed for it to have appeal in the eyes of buyers. If you got the system through a solar lease or purchase power agreement, it might not add value.

In a solar lease agreement, the solar company pays to have the panels installed on your roof, and you pay a fee each month to use the solar power. Purchase power agreements are similar. In both cases, you don’t own the solar panels – you’re effectively renting them.

When you sell a home with this kind of solar panel setup, the monthly fees get passed on to the buyers. Many buyers won’t want to pay for the use of solar panels that they didn’t even choose. And although companies often advertise these agreements as ways to save money, they often don’t have the same savings that solar panels you own outright can.

Solar Panel Pros and Cons

Increasing your home’s value is one benefit of solar panels – but it’s not the only one. Here are some of the top ways solar panels can help your home, and a few drawbacks you should keep in mind too.

Pros

One of the best things about using solar panels to increase your home’s value is that they don’t have to be large to get results. For many buyers, the fact that solar panels are there at all is reason enough to pay more. Even if the installation is small, your home will still see a significant value increase.

Of course, the panels can also benefit you long before you sell your home. As soon as the installation costs are covered, the monthly savings on your energy bills kick in. And you also get to rest easy knowing that you’re doing your part to help the environment.

Solar panels are very easy to maintain once they’re installed. There aren’t any moving parts, so they won’t break down. A little bit of maintenance is all you need to keep them in top working order. Even for the laziest of homeowners, solar panels are easy to keep up.

Cons

Are there any drawbacks to installing solar panels?

As long as you own them outright, the negatives are few and far between. However, one thing to consider if you’re planning to sell a home with solar panels is the area in which you live.

Virtually no buyer will see solar panels as a negative. However, buyers in liberal, environmentally-conscious areas tend to value solar panels more than those in conservative areas. If you live in a place where environmentalism isn’t a top concern, solar panels may not increase the value of your home as much as you’d like.

The age of your solar panels can also affect the value. The value of a solar panel installation tends to depreciate at a faster rate than its efficiency. Even if your system is still working well, it won’t hold as much value after a number of years.

That said, an old system that’s still efficient will still result in energy savings. If you highlight this aspect to potential buyers, you can help them see the value even in a system that’s ten years old or more.

How to Get Solar Panels Installed

When you’re ready to get solar panels installed, you’ll want to contact a reliable local company to do the work. Solar panels aren’t something you can install yourself. To find the right company, look for reviews and testimonials from former customers who can speak to the quality of work.

Ready to Try Solar Power?

Do solar panels increase home value? Yes – and they do so much more. If you’re thinking of selling your home soon, the installation will pay for itself at the time of sale. And if you’re not yet ready to sell, it will pay for itself when you see your energy bills decrease month by month. Either way, it’s a win-win for you and the buyer.

If you’re looking for solar panels in the greater Kansas City area, don’t hesitate – contact us to learn about financing options.

Are Solar Panels In MO a Good Investment?

Did you know that households in the United States paid a whopping $118.16 average for their April 2018 electric bill?

That’s right! All because the average cost of electricity in the country for that month ran for 12.89 Cents per Kilowatt-hour.

As someone who lives in Missouri, you may have paid a little less (statewide average was at $94.97). But this doesn’t mean that you can already relax. Especially since electricity rates have continued to show an upward trend over the last few years.

This then brings us to today’s big question, “Are solar panels a good investment?” Followed by “How can using solar energy benefit me?”

Don’t worry. All these (plus how it works and how much you can save in the long run) we’ll answer in this post, so keep reading! Just keep in mind all of the numbers quoted below our average numbers based on past performance in the market.

What Solar Energy Is in the First Place

Let’s talk about solar energy first. That way, you can have a better grasp on why solar panels are a worthy investment.

That massive ball of fire we call the sun produces what we call photons. These are energy particles that reach the Earth within 8 1/2 minutes. That’s after traveling a whopping 93 million miles.

Within a span of an hour, the sun sends so many of these particles our way that they’re enough to meet an entire year’s global energy needs.

To use this energy though, we need something to convert it into usable energy (AKA thermal or electrical power). That’s where solar panels come into play.

A solar panel consists of many solar cells. When photons come into contact with these cells, their electrons detach from the atoms. From here, the electrons pass through an electrical circuit, which then generate electricity.

The more solar panels wired together (called a solar array), the more solar energy it can convert. So, the more panels you have, the greater the amount of solar energy you can reap and use.

Reduced Reliance on Electrical Energy Means Great Savings

Think about how less electrical energy you’d have to use if you have a solar set up. Consider that the sun supplies us daily with its photons.

It’s almost like an unlimited supply of photons waiting for you to convert them into energy. Energy you can use for all your household appliances and gadgets!

With your solar panels, you can generate electricity on your own. This means you don’t have to buy it from an electricity company.

Here’s something to put things in better perspective:

The average household in the U.S. consumes about 11,000 kW/h. Last April, Missouri’s average electricity rate was 10.36 Cents. This means that if you were to use solar energy even for only 5,500 kW/h, you can already save about $570 a year!

Make the complete switch to solar, and you can save up to $1,140 a year. Within five years, that’s almost $5,700 in savings.

How’s that for renewable and money-saving energy?

More Reasons to Go Solar

If you’ve always wanted to take part in the green revolution, then going solar is one of the best ways to do that. Through solar energy, you minimize your need for electricity derived from CO2-generating fossil fuels (AKA gas and coal). This can then support all other efforts in reducing the risk and effects of global warming.

There’s also the fact that top-of-the-line solar power systems deliver reliable energy source. So long as the sun keeps shining, your panels will generate electricity. Although MO weather can be unpredictable sometimes, you can predict how much electricity your system can generate.

Furthermore, setting up your home with solar energy can boost its resale value! With so many home buyers wanting green features in their home, they may bid as much as $50,000 more on your home.

Do Solar Panel Benefits Justify the Installation Costs?

With all these benefits of solar energy, you may be wondering why not everyone uses them. For the most part, it’s because many worry about the installation costs.

Indeed, you can expect a hefty bill for your solar panel installation. But factor in all the benefits it’ll bring you, and you’ll see right away that these outweigh your initial expense.

How long is this “long run” though? After using it for about 10 years, you most likely have already recouped what you paid for it. After this, every kW/h of solar energy you use already translates to savings.

What’s more, solar panel technology continues to see huge improvements. Updates that have resulted in solar equipment costs seeing an 80% decrease!

To top everything off, you’ll find financing services that’ll help you have those panels up and running as soon as possible. You can qualify for a loan that doesn’t require a cash down payment. You’d need time to compare service providers though, but it’s all worth it once you start seeing considerable drops in your electricity bills.

All these translate to more affordable installation expenses. So, why not take advantage of it now to start your savings as soon as possible?

So… Are Solar Panels a Good Investment?

You bet they are!

With solar energy powering your home, you don’t have to rely that much on the expensive services of electric companies. You also no longer have to worry about dealing with the potential rise in electricity rates for many years to come. Best of all, using renewable energy sources allows you to become a more eco-conscious individual.

All said, we hope that this brief but concise explanation have answered your question, “Are solar panels a good investment?”. But if you want to know even more about solar energy, then please feel free to check our other resources out!

How Much Do Solar Panels Cost?

Solar panels have been around for years, but it’s only recently that homeowners have started to take them seriously and purchase panels for their homes. The use of solar energy almost doubled in 2016 from years prior, and today, its popularity keeps growing.

If you’re not already using this kind of renewable energy in your home, you may be asking yourself “how much do solar panels cost?” After all, it’s nice to help the environment and do something to increase the value of your home, but you have to do so with a certain level of financial responsibility.

You may be surprised to realize what solar panels prices really are. They’re not always as expensive as people tend to assume. Plus, they tend to offer more savings than you expect in the long-run.

Here’s a closer look at how the cost of solar panels adds up – and starts paying for itself.

The Basic Cost of Solar Panels

Before you get into all the specifics of the cost of solar panels, think about the basics. This includes paying for raw materials, covering installation fees, and planning for routine maintenance of your home’s future solar panels.

Materials

There’s more to creating a renewable energy system in your home than the use of solar panels alone. You’re also going to need the right support for the panels, proper wiring, and an inverter. Otherwise, you’re just going to be capturing the sun’s energy without being able to convert it into fuel for your home.

Panels are held in place by mounting materials. They are all connected by special wires that carry the energy from the panels to the inverter – the tool that makes the sun’s energy suitable for appliance and other electrical uses. Inverters produce a certain amount of voltage to run everything from your refrigerator and AC unit to charge your phone or keep your TV running.

Installation

Once you wrap your head around everything your home needs to convert energy from the sun into useful electricity, you have to estimate the installation costs.

Unfortunately, there’s no cut and dry answer to this. Many variables play into how much the total installation will cost.

First, there’s the difference in installing top-notch solar equipment versus basic materials. Then, there’s the matter of how the roof of your home is set up and whether or not modifications need to be made to create the best solar energy system.

Maintenance

You know all the roof maintenance you have to do for your home after heavy snowfalls or to clear fallen leaves? Well, such situations require a bit of solar panel maintenance, too.

Solar panels aren’t particularly fragile, but they do hold up better when properly taken care of. Investing in basic maintenance means getting an annual inspection of your system, removing any natural build up, and doing other cleaning tasks. You may have to pay for a repair on occasion as well.

Additional Things to Consider

After crunching the numbers for the kind of system you want and how you plan to keep it in good shape, start to factor in other things that will affect the cost to install solar panels and keep them running in your home.

The following are some of the main things to keep in mind.

Where You Live

It’s much different to pay for solar panels in Florida or Texas as it is to invest in them in Kansas or Arkansas. Not to mention, the direction your house is facing regardless of the state you live in will have an effect on the total cost, too.

Look into the average cost in your state or county to get a good idea of what you can expect to pay. Consider the average voltage rates each home consumes while you’re at it.

How Much Energy Your Home Uses

Speaking of the average energy needed to run a home in your area, take a second to think about how much you are like or unlike the normal homeowner.

For example, it’s one thing to run AC at a normal level every day and keep all your appliances running. But, it’s a totally different story if you have a full house that does laundry every day of the week or there’s a gamer under your roof who spends a few hours a day on their console. Such habits use more energy, and they’ll need the proper solar panel system to keep things going.

How to Cut Down Your Total Solar Panel Cost

No matter how much energy you spend in your home, there are some ways you can cut down on solar panels cost.

Get multiple quotes to make sure you’re getting the best deal for your home. Also, take the time to consider the kind of equipment you really need. Don’t be afraid to ask questions regarding one controller versus another or taking the time to decide just how many panels are necessary.

The more attention you pay to every little detail, the more you can manage how much you actually pay when it’s time to cover the costs. Plus, keep in mind that solar panels will eventually pay for themselves!

Investing in panels now means you can significantly cut back on your energy bill later. These savings may not seem like much over time, but they can truly surprise you once they start to add up.

Figure Out How Much Do Solar Panels Cost for Your Home

If you’re someone who likes to think in absolutes, you need a professional to help you figure out how much do solar panels cost for your home. Thankfully, you’ve come to the right place. Our energy experts are here to answer any questions you may have.

We provide a free solar analysis to help you start figuring out the costs, then provide all the insights and support you need to pick the right equipment and get everything installed in your home.

Ready to see what all the fuss around solar is really about?

Click here to contact us and take the first step towards getting your own solar panels!

Solar Power is Rising in Arkansas! Here’s Why You Should Get Solar Power for Your Home

Renewable energy is one of the hottest topics of conversation today, and that’s because it impacts every one of us. Between environmental concerns, the cost of energy, and a large number of people employed in the energy industry, these issues touch each of our lives. The most well-known type of renewable energy is solar energy, and yet relatively few people are using it. It all comes down to learning about your energy options, and that’s as true here in Arkansas as it is nationwide. If you’re thinking about installing solar panels in Arkansas, here are the advantages you should keep in mind:

Benefits of Solar Panels in Arkansas

Solar energy holds many benefits for residential homes, and now is the perfect time to jump in. Here’s why:

Falling Prices

Arguably the biggest myth about solar energy is that the panels are impractically expensive. As with any new technology, this was true back in the earlier days of solar energy. But as solar panels in Arkansas have become more popular, the price has dropped significantly. In fact, the prices in Arkansas specifically have decreased by 55% in the past five years according to the Solar Energy Industries Association. Like any product, there’s no guarantee that solar panels will stay at their existing price, so it’s wise to buy them while the price is low.

Real Estate Value Increase

Unless you’re in an area with a particularly thriving real estate market, it takes work and consistent upgrades to keep your home’s value high. One great way to do that is with solar panels. It’s well-known that solar panels are an investment in lower energy bills for years to come, and homebuyers know that. They also know that you’ve already done the expensive part of the process (installing the panels) and that solar panels often last 20 years or more. What better way to make your home attractive than to give it a built-in investment toward lower energy costs?

Sunlight Availability

There’s no doubt that solar energy is more practical for some areas than it is for others. For instance, people in Alaska may not get enough daily sunlight (especially in winter) for solar panels to be a worthwhile investment. Solar panels in Arkansas, however, get plenty of sunlight. According to the NASA Atmospheric Science Data Center, we get over 4.8 peak sun-hours per day, which is in the respectable average range. The idea of solar energy makes some homeowners nervous because they worry that if they don’t get enough sunlight, they’ll lose power. But with modern solar energy, each home is still on the standard energy grid, so your power company will supply any additional energy you need. Still, that won’t often be an issue with the amount of sunlight we have available.

Supporting and Growing Local Jobs

There’s been a growing movement throughout the nation to support our local businesses, and Arkansas is no exception. When you install and use solar panels in Arkansas, you’ll support local jobs for professionals and technicians who sell, install, and maintain these panels. As you help the industry to grow, you’ll even help create new jobs throughout your community.

Rising Energy Rates

The largest (and most obvious) advantage of solar panels is reduced dependence on more expensive forms of energy. Unfortunately for residents who don’t use solar panels, the US Energy Information Administration found that energy rates increased over 2% in just one year. That isn’t due to an increase in energy usage; it’s the cost per kilowatt hour. While Arkansas didn’t have the worst increase in the country, it’s certainly not a trend that you want to stay on board for throughout the storm. There’s no indication that energy costs will go back down, so now is a good time to start looking for alternatives.

Net Metering

Did you know every state has their own system in place for how solar energy users relate to the central power grid? In Arkansas, we have a system called net metering which can bring great financial benefits to solar users. If you have solar panels in Arkansas, any extra energy you accumulate and don’t use can go into the central power grid. But here’s the beautiful part – the power company will then pay you for that energy. In other words, solar users in Arkansas don’t just have the potential for $0 energy bills – they can actually collect money instead.

Federal Tax Credit

Like any other investment, solar energy requires an initial investment which you can make up for (and then some) later in energy savings and net metering profits. But thanks to a federal incentive program, that initial cost is dramatically lower than it looks. The Residential Renewable Energy Tax Credit is a program that gives homeowners who install solar panels a tax credit (even better than a tax deduction) for 30% of the cost of the system. It’s essentially a 30% rebate in your pocket. However, you should know that a new budget passed in February 2018 that will gradually decrease this rebate over the next four years. To get the full 30% credit, your system needs to be in service before the end of 2019.

Financing is Available

As we mentioned earlier, the initial cost is usually the biggest hurdle for homeowners. But did you know you don’t have to save up that lump sum all at once? There are many ways to finance your solar panels in Arkansas. Solar loans, for instance, are a popular option. Just as their name suggests, they’re loans that let you pay for your solar system over time so it’s better balanced with the savings you’re getting along the way. It just takes a bit of homework to find out what options you have available.

The Next Step Toward Installing Solar Panels in Arkansas

Now that you’re armed with knowledge, it’s time to get more in-depth information. Your solar panel options and financial choices will depend on your specific location (along with a number of other factors). To take the next step, contact a solar energy expert in your area to find out if solar panels are an option for your home.

8 Benefits of Solar Equipment for Your Home

Do you know what your last electric bill was? The average energy expenditure per person was $3,052! And how many people live in your house again? The good news is that solar panels can greatly reduce energy costs and can help you and our world in a lot of other ways too. This article will highlight the 8 benefits of solar equipment installation for you as an individual, your community, and your country.

1. Savings

Now that we’ve established that we’re all paying a lot for energy, what can we do about it? The answer is to use renewable energies. While solar panel equipment installation can be expensive up front, you’re going to be saving big in the long term. The cost of solar panel installation is paid for in about 10 years of use. Everything after that is energy savings! Solar panels have a typical warranty of ten years, but usually last for about 25, which means, you will have 15 years of almost free energy! Even better, as more and more companies join the solar energy industry and with recent advances in the technology, the price of solar equipment keeps coming down.

2. Tax Credits

While tax credits for solar energy were largely up in the air with the new tax legislation of 2017, the incentives for solar equipment installation are still there and a great resource for first-time purchasers. When you initially install your solar equipment, you will get 30% back come tax time. This means for a $25,000 system, you will receive $7,500. Pretty sweet, right? Each state has their own tax incentives for solar panel installation too, so make sure to look into what’s available in your area. You can also receive money by selling your Solar Renewable Energy Credits to the local power plant when you have extra energy (we’ll talk more about this in a little bit.) This can be another great way to subsidize the initial cost of the solar equipment.

3. Helping the Environment

Typical fossil fuels like gas and coal, put greenhouse gases such as carbon dioxide back into the atmosphere, which is damaging the earth’s protection from the sun’s ultraviolet rays. This is causing smog, medical issues (asthma, skin cancer, etc.), and climate change to mention a few of our many problems from pollution. Getting your energy from solar panels cuts your home’s emission of greenhouse gases by 80%, so by using solar energy instead of gas or coal, you are slowing down the trend of global warming and preserving our world for future generations. A lesser-known fact is that the use of fossil fuels also pollutes the water table through waste and runoff. Solar panels use almost no water, so not only are you keeping the air clean but our water as well.

4. Energy Security

We typically don’t think about how important our energy provider is until the power suddenly goes out! With solar power, you don’t have to worry when the transformer gets struck by lightning. If the sun is still shining, you’ve got plenty of energy. If it’s stormy weather, you have saved enough energy with your batteries to make it until the sun reappears or you’ve been selling energy back to the grid and can now borrow some back. No more standing in line for gasoline for the generator! During extreme heat, people are often asked to turn off their air conditioning units by the power company or city because AC consumes more electricity than almost anything else in the home. If everyone has their air conditioning blasting at the same time, the power plant can’t keep up. This can also lead to city-wide blackouts. If you’re using solar panels, however, this won’t apply to you. They’ll keep creating energy, which means, you’ll be able to keep your AC going no matter how much energy the city around you is consuming. Don’t forget too, that as energy companies raise their rates, your energy bills will stay constant. You’re only paying off the cost of your panels, and again, usually after the first ten years, you’re getting your electricity for free!

5. Property Value

Just think of trying to find a new home that already has solar panels installed. There aren’t too many, right? This means that if you convert to solar power, you’re actually increasing your property value. Studies suggest that your property value goes up $5,911 for each kilowatt of solar power you have installed. Let’s do a little math. The average home (2,000 square feet) needs between 12-18 solar panels to be fully powered. Each individual panel produces between 250-320 watts. Let’s say you install 15 panels that each produce around 250 watts. Your total kilowatts would then be 3.75, meaning your home’s value would increase around $22,000! Let’s not forget too that solar panels extend the life of your roof. You’re less likely to experience weather damage with all those panels guarding your shingles.

6. Supporting Your Community

Little known fact: solar panels often actually feed into the public’s electric grid. This means that when you have extra energy on bright, sunny days, it goes to the local power plant. On overcast days or days where you need a little extra power, you draw electricity from the grid. (This is called Solar Renewable Energy Credits which we mentioned earlier as a way to get paid for your solar equipment.) This may seem insignificant, but every little bit of solar energy is helping your community to emit less toxic gases and make cheaper energy for everyone!

7. Jobs

Obviously, solar energy is a growing industry and every growing industry needs employees! While coal mining has largely been laying off workers for the past few decades and oil production is mainly overseas, solar panel production is now hiring new employees here in America. Not only is solar power helping you as an individual save money, it is also supporting our country’s economic growth.

8. Affordable Solar Equipment Installation

Seem to good to be true? People are often afraid of solar panel installation because of the upfront cost of installation. Many solar panel companies now offer affordable payment plans. This is similar to just paying your monthly energy bill! Think of this like a rent-to-own house. You’re slowly paying for a product you will eventually own over time, rather than throwing your money away to the energy company every month. Who wouldn’t want a deal like that? Interested in how much solar panel installation would cost you? Get a free Solar Analysis!

How Much is Solar Going to Cost Me?

How much is Solar going to cost me?

Solar Home   This is the question that we get from everyone. We know that solar prices have been going down lately as solar technology is developing and improving. But just how much does it cost to go solar? Unfortunately, there is no simple answer to give to someone. Every home is different, so even though the cost to go solar is at low price for everyone, it is going to be different for each homeowner. This is why we offer a free solar analysis to EVERYONE. A solar analysis is where we calculate the cost for you to go solar and how much you will save by going solar.  

How do we calculate the price?

  Here are the steps that we go through when figuring out how much solar will cost for you:  

1. How much power do you consume?

The first thing we look at is how much power you have used throughout the past year. To complete this step, we will ask you for copies of your electric bills for the past 12 months. We use this to figure out the exact amount of energy your home consumes.

Utility Bills

 

2. How much roof space do you have?

At this step we will look at how much space you have on your roof for solar panels. This includes looking to see if there are any trees or other objects that will block the sun from getting to your solar panels. We will also look at whether your home is south-, east-, or west-facing, as this can affect how much sun will reach your solar panels.  

3. How many panels do you need?

Cost Proposal team After looking at how much energy your home uses and how much sunlight your panels will be getting, we can figure out how many panels you will need. We determine how big your solar system will need to be in order to produce the energy that your home needs. Our proposal team will be able to build a proposal that will show how many panels you need and where they will need to placed to receive the best amount of sunlight.  

4. Your cost and savings

At this point we will have the price for you to go solar! We will also be able to tell you how much you will be saving every month from your electrical bill. You will save money every month as your solar payment will replace your electrical bill.  

The way to energy ownership

Looking at the total amount of a solar system can be overwhelming, but it is like looking at the total price of a car or home. It seems like a huge price, but when it is broken up into monthly payments then it is more manageable. You can read more about solar financing options here. Solar Owners Right now, you are paying a certain amount to your electrical company every month in order to have energy in your homes. Your utility company can raise those monthly payments at any time and you don’t have any control over it. By going solar, you will still have monthly payments, but instead of those payments going to your utility company, they will be paying off your solar system. The best part is that those payments will never increase and eventually they will be paid off. When that happens you will have complete ownership of your energy. Get a free solar analysis today to start on your journey to energy ownership today!

How Durable are My Solar Panels?

How Durable are my Solar Panels?

A Big Investment

You are ready to take the next step and go solar, but you may have doubts about how your solar panels are going to endure through rough weather. Solar panels do look pretty breakable, they are made of glass after all. You don’t want this big investment to easily break. So what will happen if it hails? Or the neighbors hit a baseball up and hit your solar panels? Durable Solar Panels Most likely? Nothing will happen. Solar panels, though they may look fragile, are made to go on your roof or in-ground installations, they are made to last. In fact, any weather that would hurt your solar panels, would most likely already have damaged your roof.

What Can My Solar Panels Endure? 

  • 90-mph hits with golf-ball-sized hail
  • 90 mph winds
  • Hits from 250-mph tennis ball-sized ice
  • Can be driven over with a four-door truck

What Makes My Solar Panels Tough?

Solar panels are built with three layers of silicon, or rock, encased in tempered glass. Tempered glass, also known as safety glass or toughened glass, is anything up to six times the strength of normal plate glass, and is created by thermal or chemical means. durable solar panels Solar panels are divided into three categories, Tier One, Tier Two, Tier Three, according to the quality of the materials used and the amount of research and development the production company does. So a company that produces Tier One solar panels devotes a lot of time and money into research and development to make their solar panels more durable and more efficient. Shine Solar only uses Tier One solar panels, which means that they are the top quality solar panels in the market. This means that they are tough and made to last.

Get Insured

Essentially, if there is an extreme weather occurrence capable of hurting your panels, then most of the rest of your home has been damaged, at which point it becomes an insurance claim (and your solar array is covered on homeowner’s insurance, typically for a few dollars per month). Talk to your insurance provider to learn about getting your solar panels covered under your homeowner’s insurance. If you remember nothing else, know this. Our solar panels are more durable than what is already on your roof, and roofing materials are made to last. Plus, in addition to the coverage by your homeowner’s insurance, our panels are also backed by a 25-year-warranty. So when it comes to weather, fear not. We got you covered. We’ve also got you covered if you have further questions! Give us a call at 844-80-SHINE!

10 Facts About Solar Affordability

Solar Affordability is Real!

You Really Can Afford Energy Ownership!

Something that we here at Shine Solar take very seriously is customer satisfaction. And we don’t just mean ensuring the satisfaction of our customers who have transitioned to solar energy. We also want to provide requested information to those who have not transitioned to solar energy. Maybe you’re thinking about solar for your home. Perhaps you just want to learn more about renewable energy. You may simply have doubts about solar affordability. Whatever your motivation might be, answering your questions and addressing your concerns are two things of utmost importance to us. One thing we keep hearing, again and again, is that solar can’t possibly be an affordable option. People simply don’t believe that an affordable option for energy ownership exists. We’re used to having an electric bill to pay, after all. Paying higher rates year after year has become a habit. This week’s blog, then, focuses on the reality of solar affordability. The following 10 fun facts demonstrate where we are versus where we were. And we’ve got to admit it’s getting better…it’s getting better all the time! Reading this list may not convince you to go solar, but hopefully it will arm you with concrete information. Knowledge is power, after all!

10 Facts About Solar Affordability

Solar INCREASES home value!
  1. The cost of solar panels has dropped by 80% since 2008, and it is expected to keep falling.
  2. Plummeting  solar costs and rising electric costs means homeowners in the U.S. hit break-even points with solar in as little as three years. In 2017, most homeowners are seeing payback periods between five and eight years and 20-year savings estimates upwards of $20,000.
  3. Solar cells are priced per watt. In 1977, solar cells were unaffordable for most to purchase and install—costing around $77 per watt!
  4. Solar installation often ranges from $2.87 to $3.85 per watt (though $3.00 is becoming the norm!). The entire installation package cost for a 5kw system averages around $17,000, but if you apply tax credits, the total installation will probably sit between $10,045 and $13,475.
  5. Solar power itself is a free source of energy. Once you’ve installed photovoltaic (PV) panels on your home, maintenance is minimal and returns are high.
  6. You don’t have to buy your solar panels outright; you can also finance them. This makes solar power more affordable for everyone.
  7. Our solar panels have a 25-year warranty, and we offer a 12-year workmanship warranty.
  8. Many states (including Missouri and Arkansas!) allow you to sell back the excess solar energy you produce at wholesale rates, meaning you can not only earn back the cost of your panels but also make a profit on energy in the long run.
  9. Solar arrays increase the value of a home, even more than a complete kitchen remodel.
  10. When you buy solar panels, you’re eligible for a 30% federal government tax break—you could get thousands of dollars back on your taxes and offset the initial cost.
The truth is, solar is an affordable option for countless millions of people. And the best news? If solar isn’t a viable option for you, we will be the first to tell you. Call us for a free analysis, and see if you’re a candidate for energy freedom! 25-Year Warranty  

Four False Assumptions About Solar

Recently, we participated in a vendor show. We love these opportunities! We get to meet a lot of great people and educate them about clean energy. Shows also allow us to address any questions or assumptions people may have about solar. What we found, though, is that there are a few assumptions about solar that cause concern. Because we like to get to the point, we decided to compile them all here as a quick reference guide. So let’s get to it!

Assumption 1: I have to keep replacing the equipment

This was the top comment. People believe that something that goes on your roof and looks like glass is likely fragile. And we can’t blame them! But solar panels are extremely durable. They’re built to withstand extreme hailstorms and straight winds up to 90 mph. They’re installed on a sturdy racking system affixed firmly to the roof. We’re so confident in our panels, in fact, that they have a 25-year warranty. And if you decide in the first five years to get a new roof, we’ll come remove and replace them. Free of charge. Our solar panels are maintenance-free, aside from maybe having to knock off a random branch. Even that shouldn’t be a problem, because trees are typically not that close to a solar-paneled roof.

Assumption 2: I’ll be dead before I save money

This one almost took the top spot. When people think about solar, they think about wealthy people with money to burn. Again, we can’t blame them. Until fairly recently, solar was unattainable for many. But that’s not the case anymore. When we do a free solar analysis, we look at your specific energy usage and custom-build your proposal. Most of our customers are actually saving money from the beginning! Solar payments are typically less than previous electric bills were. Solar payments also have an end date, unlike electric bills! So your savings will continue to increase until you achieve full energy freedom!

Assumption 3: I can’t afford a battery backup

The great thing about solar in Missouri and Arkansas (and most other states) is that net metering laws are in effect. This means that your utility company acts as a natural battery backup. And that means that you don’t have to have a battery. While battery technology has advanced significantly, the price is still cost-prohibitive. Net metering provides a great, automatic battery backup system through your utility company.

Assumption 4: I’ll just wait until the technology gets better

The reason we want to change technology is because we want products to do something differently than they did when we bought them. For instance, your old computer can’t support new versions of programs, so you have to upgrade. Solar panels convert sunlight into clean energy. They still do that.  We design systems to offset your energy production. The systems will continue to offset your energy production. Your energy production won’t advance to Windows 12 while your solar panels are stuck in Windows 95. So waiting for an undefined point in the future until you claim energy ownership isn’t necessary. We’ve got you covered…now.   We get it. Change is scary. Especially when it means that you’ll likely be the energy pioneer in your extended family, circle of friends, and neighborhood. But nothing ever changed by remaining the same. You can save money now. You can be an energy pioneer. You can put your roof to work for you. Instead of making assumptions, make a call. Find out how we can help your home or business today.