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What is Net Metering?

Net metering is the policy that really enables your solar to work for you. In most US states, there is a policy that says for every kilowatt hour that you put into the grid, you will receive a credit for that kilowatt hour. So if your solar system produces 10 kilowatt hours of energy, and it puts those 10 kilowatt hours into the grid, that's 10 kilowatt hours you get back. That's what net metering is.

This is really important because your solar system produces energy during the daytime, but you use energy during the nighttime as well. How it works is that during the daytime, you put a lot of energy into the grid, and it goes “on account” to be used later when you are not producing electricity. So you're banking all those credits. Then at night (or on a cloudy day), you pull that energy off the grid, and you use all the credits you accumulated.

That's net metering. It's an amazing policy. One that we all as consumers and advocates for clean energy have to continue to fight for. It has enabled solar to develop so much and, in effect, gives you the ability to use the grid as your own battery, reducing the cost of electricity for you and your family.

 

 

 

 

 

What is the Solar Investment Tax Credit?

The Solar Investment Tax Credit (also known as the ITC) is available for qualifying homeowners who install solar. When you go solar, you can apply for the ITC from the federal government when you file your taxes which, for some homeowners, can result in a reduced, or even zero, tax liability. The ITC was recently increased from 26% to 30% giving homeowners even more reason to go solar. That's why customers who are ready to go solar should do so while the tax credit is maximized.

The ITC is a huge part of the value proposition of solar. For example, if you go solar and finance (or purchase with cash) your system for $30,000, you could receive an income tax credit equal to 30% of that $30,000 solar system, $9,000! Would you rather pay the IRS, or invest your hard in money to see a personal return?? And if you finance your system, you can be eligible for this benefit without paying ANY money down for the system. That is why you want to go solar today and take advantage of the generous federal subsidies we as consumers have available in order to support clean energy and save money.

 

How do Solar Warranties Work?

One of the more common questions our clients ask is how a solar warranty works.

 

There are three typical types of solar warranties:

The first one is on the panels. When you buy a solar system for power, those panels are typically warrantied for 25 years directly from the manufacturer. What that means is they're guaranteed to work for 25 years and continue to produce power. Now, depending on the panel you buy, that production guarantee could be anywhere from 86% of the power they were producing on day one, all the way up to 95% if you opt for a higher-efficiency, premium panel.

The second type of warranty is on your inverter, which is the component of your system that transforms the energy you get directly from the sun into usable AC current that can actually power your home: turn on your lights, power your A/C, help you watch TV and all that good stuff. Your inverter is warrantied anywhere from 12 to 25 years.

Now the third part of the warranty covers what's called the workmanship. Our workmanship warranty is for 30 years! That means all the work that we do on your house when we're installing your solar system, when we're on your roof while you're working, when we're working inside your electrical panel. All of that work is guaranteed for 30 years to make sure that there's absolutely no issues. We highly vet all of our installers nationwide to ensure we give our customers the best service, satisfaction, and protection. We aren't in the business of losing money, but in the business of changing lives and saving the planet. Without your satisfaction and referrals we wouldn't be successful.

However, when choosing to have Solar Lone Star and Powur to perform your installation, you get our Powur Care 30-year bumper to bumper warranty for entrusting in us!

Is Solar a Good Investment for My Family?

From our own personal home experience of adding solar and then selling just a couple years later in Florida, we are personal proof beyond the well-documented that solar increases the value of your home. The reason for this is that it's a home investment that actually produces income and retains value from owning the equipment. A solar system sits on your roof and generates electricity, and there is a value for each kilowatt of electricity your system produces.

In fact, each KW you produce is a KW that you don’t have to purchase from your electric company. Plus the future value of all of those savings is valuable to the next buyer of your home.

Another amazing reason to go solar today - get the economic benefits today, and get more for the sale of your home tomorrow.

Curious what your home value may increase by? Simply check out the PvValue Calculator on our website and simply follow the directions.

 

Within 16 months of owning and adding solar panels to our home- $25,000 in added value! More than our cost...

Purchase appraisal 10/16/18 for $295,000- before solar

Refinance appraisal 1/16/20 for $320,000- after solar

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sold in 2021 for $395,000!

 

How Do I Know if My Home is a Fit for Solar?

Not every home is eligible for solar, so cross your fingers. Let's hope you're one of the lucky ones, and you can save money. There are three main factors:

Number one is called "sun exposure" - does your roof (or the location of your solar panels) get enough access to the sun? One of the things we'll do is analyze your sun exposure from satellite images and other technology to make sure that you've got what's called "proper solar access". There's a percentage we're looking for which, as long as you’ve got that, you're good to go.

Number two is orientation. What direction would your panels be facing? Ideally, we would want the panels facing South or West, since that is where the most sunshine hits. So, we're looking for the right sun exposure, we're looking for the right orientation.

And then there's number three. Are there any structural issues with your house or roof that would make it difficult to mount solar panels? Don't worry if the roof is in bad shape and needs replaced either, we can include the replacement cost into our special financing so that you get to replace your electric bill payment and get both services in a new low monthly payment.

And if it turns out that it doesn't work for solar, no harm done, you got educated and you know it is what it is. But that's the reason why I encourage you to reach out and get a no-cost proposal from us so we can actually do the hard work of analyzing your property and show you exactly how much money you can save by going solar.

 

Think Solar is too Expensive?

Of course, the biggest questions that everybody has about solar is "How do I pay for it, how much will it cost me?" The old misconception was that it actually took cash to go solar. People thought, well, solar is expensive, because I have to spend this upfront cash. That could not be further from the truth.

Today, in fact, solar is the least expensive option to get energy in most of the United States. And with low interest rates and lots of finance programs, it is typically easy for most homeowners to get zero-down financing. There are two primary ways to finance your solar system today: with a low interest rate loan or a lease. Let's talk about both options.

A zero down loan means that you can choose a loan term, whether it's 5 years, 10 years, 15 years, 20 years, or 25 years. We offer all of those, and we offer them at the most competitive rates possible. Now, when you go solar with a zero-down loan, what that means is, you finance the system through your loan provider, and instead of paying a monthly bill to your utility, you simply pay a less expensive monthly payment to your loan provider. So, you get to keep the difference. You are already paying for energy regardless. So why not pay yourself first?

 

If, for some reason, a person can't get a loan, they will often choose a lease. This may be because they don't have a tax liability and can't keep the tax credit. A lease is exactly like it sounds - every single month, you'll pay a lease payment. And you'll pay that usually over 20 years. It's that simple. Your lease payment is going to be less than what you used to pay your utility bill, which means you're saving money every single month.

We will help you figure out what is best for you. When you get a proposal from us, our consultants are going to sit down with you. They're going to show you all the different options and help you decide what's best for you. They're going to show you how much money you can save with Solar Lone Star and we're going to make it as easy as humanly possible for you to understand and make your decision.

What is Involved in Going Solar?

So, what happens when you sign an agreement to go solar with power? Actually, the agreement is the hardest part! Once you sign your agreement, we do the rest. We will assign you a dedicated project manager that will keep you posted through every step of your project and you will always have a direct line to us and our consultants for any additional information or questions needing answered.

First, we will schedule your site survey. Next, we create the design that gets submitted to the City to receive a construction permit. Once the permit is received, we schedule your installation, which typically takes 1-3 days depending on the size of your system. After we finish installing the solar system on your house, we schedule the city inspector and/or your utility company to approve the installation and give you what is called “permission to operate”, or PTO. Once you have PTO, we power on your system and you can enjoy clean power for your home from sunshine. The whole process typically takes 30-60 days. Although much of that time is simply waiting for permits, inspectors and the like.

 

Do I Need to Buy a Battery?

There are two primary ways that homeowners benefit from owning a battery:

First, you can use the battery for backup power. If the grid goes down, you're still covered. If disaster strikes, if there's a hurricane in your area, or a fire, or any of the things that we're all dealing with now, on a much more common basis, having a battery will allow you to continue to have electricity in your home, even if your utility company can’t provide it.

Note- Unfortunately, due to safety reasons, having only solar panels during an outage you will still lose power. This is because your solar will be sending power into the grid and the line workers may be harmed from that power. A battery isolates this to make your home its own self-sustaining power grid.

Secondyou can often save money by getting a battery if you live in a region with specific rate structures, which is most regions across Texas, California, and Florida, where you would benefit from using stored power from the battery during more expensive times of the day. In many regions across the country, a net metering policy allows you to save money without the need for the battery, however in these States where net metering is not 1:1 (they don't pay you what they charge you for the excess energy exported to the grid) you will likely want the peace of mind that comes from knowing that your home can provide electricity even when your utility company can’t. Ask your Solar Lone Star consultant for more information. They'll be able to give you a detailed proposal of exactly how much a system will cost with a battery if you're interested in one. We work with all the biggest battery manufacturers, and we can absolutely make sure that you get taken care of - whichever way is best for you.

 

Below are some examples of what different size energy storage systems can back- up for one day in a typical home:

10 kWh Battery (One Battery) - Minimum for partial home back-up. LED lights, refrigerator, charge
phones, microwave, fans, TV, internet, garage door
20 kWh Battery (Two Batteries) - Minimum for whole home back-up. LED lights, refrigerator, charge
phones, microwave, fans, TV, internet, garage door, dishwasher
30 kWh Battery (Three Batteries) - LED lights, refrigerator, charge phones, microwave, fans, TV, internet,
garage door, dishwasher, well pump, air conditioner
40 kWh Battery (Four Batteries) - A 40 kWh battery can handle multiple large electrical loads running
at the same time. LED lights, refrigerator, charge phones, microwave, fans, TV, internet, garage door,
dishwasher, well pump, air conditioner

 

Currently, you have Two Options for Purchasing Energy:

So, let's talk about your options. Really, when it comes to your future with energy, you only have two options.

Option one is you go solar, you choose to actually take control of your power, take your power back, spend less for solar energy and the energy you need for your home than it currently costs you to get that from your utility, increase the value of your home, be energy independent, and do the right thing for our environment. For goodness sakes, the sunshine doesn't cause pollution, right? So let's stop polluting our air, our land, our water, and let's start powering our lives in a way that as Americans we can really be proud of. We're doing the right thing. We're taking care of future generations. And when history looks back on the actions we took, they're going to know we did the right thing. So that's option number one.

With Solar Lone Star, we make that incredibly simple for you. Zero down financing, handling the entire project from start to finish. There's really nothing you need to worry about, we're going to take care of it for you.

Option two is you don't do anything. You just stay with your utility. And you already know what that is. Yeah, your lights are probably going to turn on unless there's a big power outage or something. But you're going to spend a lot more for that energy. And you're going to keep paying utility every single month, month after month after month till the day you die.

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The Ultimate Solar FAQ

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We are certain you have seen and felt the inflation on your energy bill increase year over year. Over the last decade rates have increased on average nationwide by 4-6%. Essentially, a balloon loan with no cap in the future!
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What does doing nothing look like?
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You are already going to spend the money and for more than solar! It's an investment.

Just think about it. Are you ever not going to need energy? Unless you're planning on moving to a hut in the woods, you're going to be spending money with your utility company. So why not go solar, do it for less and produce your own energy? And by the way, once that loan payment is paid off with no pre-payment penalty, if you do use a zero-down option, there's no more payment, you just have free energy. Imagine if you weren't spending anything on a monthly basis for energy.

That's where you can get to with solar versus being stuck in a lifelong, ever inflating expensive contract forever with an energy company that you probably don't even really like, be honest.

  • Do you like your utility company?

  • Do you feel like they're taking care of you?

  • Do they have your back? 

We want to show you how solar is a better energy provider for you and your family. We want to save and make money, we want to help you feel proud of how you powur your home, we want to get you the best equipment, and the best technology to set you up for the future.

 

So those are your two options. And we leave it to you to choose. But we truly and sincerely hope that you go solar with Solar Lone Star. Let us help you save money and accelerate a sustainable energy future for mankind!

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