WHY SOLAR?
California is known for one thing above all: our endless sunshine. But did you know we also have some of the best solar tax incentives of any state?In 2022, individual homeowners can deduct 30 percent of the cost of installing a solar energy system from their federal taxes. That’s 30 percent of your system that pays for itself!Keep reading to discover why going solar is great for your finances and your future.
Too many U.S. cities and towns are under the thumb of an electric utility monopoly. As climate change continues to strain the grid, home energy bills will rise higher than ever before. Save yourself from killer bills by making the switch to solar now.
The federal and state governments are offering dozens of financial incentives to homeowners who install solar power systems. The biggest incentive? The Federal Solar Tax credit, also known as the Residential Clean Energy Credit.That means you can deduct 30% of the cost of your solar power system from your federal taxes. It’s like getting a coupon for 30% off!
Here’s an example of how it works:
Thanks to our extensive background in the mortgage and real estate industries, Soar can offer our customers unique financing options. Our sales force is made up of experienced loan officers and realtors who connect interested clients with competitive solar financing rates. The best part? Your solar loan stays with your home, even if you decide to move.
Don’t underestimate the environmental benefits of switching to solar. A single solar panel can offset the same amount of carbon as 40 trees!
Your future homebuyers will see your solar panels and energy-efficient improvements as valuable additions to your home — which bumps up your sale price.
Rolling blackouts? Not at your house. Some types of solar installations can continue to generate and provide electricity even during power outages.
Some cities partner with solar homeowners to buy back extra power for the municipal grid. In effect, you might even be able to get paid for installing your system.
Here’s something you might not have thought about:
They push homeowners into solar financing programs to earn themselves high commissions — but make sure you read the fine print, because these programs can cause major issues when it comes time to sell your home.
Because many solar financing options require a homeowner to pay off their entire solar loan balance before selling or refinancing, you may unwittingly get stuck with a payoff amount up to tens of thousands of dollars.
That’s a big chunk of change, especially for a property you’ll no longer be living in!
Our founders have a combined 40 years of mortgage and real estate experience. We’ve seen the rise of solar over our decades of working with homeowners… and we could no longer stomach seeing our clients continuously taken advantage of by unscrupulous solar companies.
We founded Soar to connect homeowners with the most competitive, flexible financing options for their home solar systems.
Not only do we ensure that you get the best financing terms possible, we ensure that you won’t be on the hook to pay for a solar system you’re no longer even using.
When you install a solar energy system on your property, you save money on your electricity bills and protect yourself against rising electricity rates in the future. How much you can save depends on the utility rates and solar policies in your area but going solar is a smart investment regardless of where you love.
The easiest way to find out how much you pay for electricity ( and how much electricity you use per month) is to look at your utility electricity bill.
Net metering is the system that utilities use to credit solar energy system owners for the electricity produced by their solar panels. With net metering, you only pay for the electricity that you use beyond what your solar panels can generate. Net metering policies differ from state to state.
No, you don't need to live in a sunny place to use solar power. Solar panels can produce electricity from any type of sunlight, including diffused light on cloudy days. In fact, some solar panels are even designed to work in low-light conditions, such as during the winter months. However, it is important to keep in mind that solar panels are most efficient when they're able to capture direct sunlight. So, if you live in a particularly cloudy area, you might want to consider using another type of renewable energy source.
Solar energy systems are becoming increasingly popular as more and more people look for ways to reduce their reliance on the grid. But what happens when the grid goes down? Can a solar energy system still provide power in the event of a blackout or outage? The short answer is yes, a solar energy system can protect you from grid blackouts and outages. Solar panels will continue to produce electricity if they have access to sunlight, meaning that you will still have power even if the grid is down. However, you may want to consider investing in a battery backup system as well, which will store more energy generated by the solar panels and release it during an outage.
- Solar energy is a cleaner source of energy, producing little to no pollution.
- Solar power is renewable, meaning it will never run out
- Solar power is extremely efficient, with solar panels able to convert between 20 and 40 percent of sunlight into electricity.
- Solar energy comes with tax savings and financial incentives for installation.
- Solar systems require very little maintenance; they are incredibly durable and easily accessible for service and repair.
- Finally, solar power is becoming increasingly affordable, making it a viable option for more and more people.
Studies have shown that homes with solar energy systems sell for more than homes without them. However, your property value will only increase if you own rather than lease, your solar panel system. In most parts of the country, going solar will increase your property value more than kitchen renovations.
The initial cost of installing solar panels can be significant, but the long-term savings on your energy bill can be substantial. In addition, solar power can add value to your home and provide environmental benefits. So, when you're evaluating the cost of solar power, it's important to consider all the factors involved. With that said, solar power is becoming increasingly affordable, and it's worth exploring if you're interested in reducing energy costs.
Solar panels are a great way to reduce your carbon footprint and save on energy costs. However, they do require some maintenance to keep them running efficiently. The most important thing you can do is to keep them clean. Dust, dirt, and leaves can build up on the panels and block sunlight from reaching the cells. This can reduce the amount of power they generate by up to 30%. In addition, you should inspect your panels regularly for signs of damage. Cracked or broken cells can also reduce power output, so it's important to have them repaired as soon as possible. With a little bit of care, solar panels can provide years of reliable service.
The answer to this question largely depends on the size and scope of the installation project. For a typical residential system, it usually takes between two and four days to complete the installation. This time frame can be extended if the project is particularly large or if there are any unforeseen obstacles. The first step in any solar panel installation is to assess the site and determine the best placement for the panels. Once the site has been surveyed, the panels must be mounted on the roof or ground before they can be connected to the electrical grid. Finally, the system must be tested to ensure that it is functioning properly. With careful planning and execution, most solar panel installations can be completed quickly and efficiently.
When you install a solar energy system on your property, you save money on your electricity bills and protect yourself against rising electricity rates in the future. How much you can save depends on the utility rates and solar policies in your area but going solar is a smart investment regardless of where you love.