Solar is doing great in California. After reviewing various clean energy options everyone is leaning towards solar. You also have the fervent belief that creating a healthier, greener world for future generations is the right thing to do. Shopping for a solar system can be a daunting process. Here are some points to consider.
- Multiple quotes save you 10% or more
Consider obtaining a few solar quotes before making a final purchase. Don’t be easily swayed by a single quote. They could wind up costing you more in the long run. Getting multiple quotes could help you save $5,000 to $10,000 on your solar panel installation.
- Big Brand names do not always offer the best price
Large corporations are $2,000 to $5,000 more expensive than small solar companies. If you get an offer from one of the big installers, make sure you compare those bids with quotes from local installers to ensure you don’t overpay for solar.
- Choosing a contractor
Finding the right solar contractor with experience is an important task. Check their references. Ask family, friends and neighbours who have had a solar PV system installed for a recommendation. Make sure the contractor you choose takes care of your system during and after installation.
- Figuring out financing
Consumers can pay for a system upfront, take out a loan or sign a long-term lease agreement. Many experts recommend buying over leasing because the time to pay off is shorter but leasing agreements often involve no upfront costs. Choose one with access to sufficient funding.
- Solar Tax Credits & Rebates
Governments, utility companies, and other organizations are offering solar tax breaks and financial incentives to make solar more accessible. Choose a solar installer who has complete knowledge about all the state and federal rebates and incentives available for solar.
The investment tax credit (ITC), also known as the federal solar tax credit, allows you to deduct 26% of the cost of installing a solar energy system from your federal taxes for the year 2020. After that, it will be reduced to 22% in 2021 and only 10% will remain in 2022 for commercial installations. There will be no federal credit for residential solar energy systems from 2022.
Hopefully, these tips will help you with your decision to go solar. If you need more help with selecting a solar power system, contact our friendly team of experts and get free advice including more buying solar tips. Start today by ordering a free custom-designed solar layout for your property. Just click the below button.
