FREQUENTLY ASKED QUESTIONS
MAKE THE LEAP
At Peak to Peak Solar we understand switching to solar energy is a big decision. There is a long-term investment that comes along with it that can be scary to commit to. We want to make sure every homeowner feels completely comfortable before taking that leap. Below are some common questions that most homeowners have for us. We’re sure it won’t answer everything but it’s a great place to start. Our team is happy to answer any other questions you may have for us.
HOW DO I KNOW MY HOME IS SUITABLE FOR SOLAR PANELS?
We will come out and create a custom design for your house based on your electricity usage. We will consider the roof design and tree coverage to create a plan that is best for you. Not everyone’s home will meet the criteria.
DO SOLAR PANELS MAKE ME OFF GRID?
While you have the option of going off grid with solar panels most are still tied into the grid. This allows you to use power from the grid when your panels aren’t producing during low light times, like at night or cloudy days, and send power back into the grid when you are producing more power than you are using
WHAT IS NET METERING?
Net metering is a billing system that credits solar energy produced by residential systems. When your system generates more energy than you are using that goes back into the grid system and is credited to your account. During times where your solar system is not producing the amount of energy needed, your credits will be applied as you use power coming from the grid.
IS THERE ANY KIND OF ENERGY TAX CREDIT?
In 2022, you will still get the 26% federal tax. This will drop in 2023 to 22% and then is set to go away by 2024. Depending on your state or utility service you may have additional tax credits or incentives.
IS THERE ANY FINANCING AVAILABLE?
Yes. Many people prefer to finance their solar system and we now offer many financing options as low as 1.49%. With loan terms anywhere from 5 to 25 years. We will customize your financing to help you meet your financial goals. None of our financing has pre-payment penalties so you can payoff as early as you choose.
SHOULD I REPLACE MY ROOF BEFORE INSTALLING SOLAR PANELS?
Depending on the age of roof, now may be a good time for a roof replacement. The new average solar panel will last 25–30 years. No one wants to install solar and a year later must replace a roof as detaching and resetting the panels is a costly endeavor. Fortunately, we are partnered with a roofing company and can assess if a new roof is necessary. Usually, the cost of the roof can be rolled into the solar loan.
HOW DO SOLAR PANELS AFFECT THE VALUE OF MY HOME?
On average, people see a 4% increase in the value of their home. For example, a $500,000 home would typically see an increase of about $20,000. In some areas an even higher increase.
WILL I HAVE POWER IF THERE IS AN OUTAGE?
Unless you have a battery attached to your system unfortunately you won’t have power. If you choose to add a battery into your system will have power for as long as the battery has a charge. Your battery size and your energy consumption will determine how long that will last. Fortunately, your battery can recharge if it is sunny out even while the grid is down.
HOW DO SOLAR PANELS WORK AT NIGHT OR ON CLOUDY DAYS?
Solar panels need sunlight to produce energy so at night they don’t work. That is when you will be pulling your energy back from the power grid. On cloudy days they will still produce energy but a diminished rate.
WHAT DOES A SOLAR SYSTEM COST?
There is no upfront cost required. The cost of each system varies depending on your energy needs and your roof configuration. We want to replace your current electric bill with your fixed monthly solar payment, so it doesn’t add anything to your monthly budget. As the cost of energy continues to rise, our goal is that you save money in the upcoming years by having a fixed payment and owning your own power.
WILL YOU PULL A PERMIT?
Yes. We pull permits on all solar installations to make sure we are in compliance with your municipality’s codes. The process varies between cities and counties but usually include plan reviews and inspections of the panel installation.
WHAT HAPPENS IF WE GET HAIL?
Solar panels are made to be very durable. In rare occasions you will have a panel damaged. Most likely this will be covered under your homeowner’s policy, but that will vary depending on your coverage. Most of the time your panels will be fine, but your roof may need to be replaced. In this case your panels would be detached and reset along with a roof replacement.
INTERESTED IN SOLAR?
Solar doesn’t work for everyone, but at Peak to Peak Solar we believe it’s our responsibility to educate you on solar energy so you can make an informed decision if solar is right for you. Schedule a free consultation with one of our solar specialists.
REQUEST A FREE QUOTE
Many people are now switching to solar energy because of the many benefits it provides. Homeowners and businesses are taking advantage of what solar has to offer. You can join the thousands of people worldwide that are making the change.