Speak With A Solar Advisor (915) 248-2633
FREQUENTLY ASKED QUESTIONS ABOUT SOLAR ENERGY
- New federal, state, and local solar energy incentives, rebates, and tax credits are making it possible for homeowners and businesses to save money on their electric bills by installing solar panels on their homes or businesses at no additional cost compared to their average electric bill. Would you like to say goodbye to high electric bills? If yes, then solar is right for you. Contact us today to find out how much you could save by going solar!
- Our team of licensed contractors will conduct an on-site property evaluation to determine if your property is suitable for a solar energy system.
- There is no exact answer to how much one could save by going solar since every client is different and energy needs are unique. How much you save will depend on how you acquire your solar energy system (purchase, lease, finance, or power purchase agreement), your energy production and consumption, and the availability of federal, state, and local solar incentives, rebates, and tax credits in your area.
- Net metering is a billing calculation formula used by electric utility companies to compensate solar energy system owners for the electricity produced by their solar panels. With net metering, electric utility customers only pay for electricity when their energy consumption is greater than the energy production of their solar energy system. With net metering, electric utility customers can reduce the amount they owe on their monthly electric utility bill to $0 or even receive a billing credit from their electric utility company for excess electricity produced by their solar panels.
- According to the Solar Energy Industries Association, the cost to install solar has dropped by more than 70% over the last decade thanks to federal, state, and local solar incentives, rebates, and tax credits.
According to the Office of Energy Efficiency & Renewable Energy, an office of the U.S. Department of Energy, solar power is more affordable, accessible, and prevalent in the United States than ever before.
There is no one-size-fits-all answer to how much do solar panels cost? Solar panel cost will vary from system to system. Factors that can affect the cost of your solar energy system include:
● How you acquire your solar energy system (purchase, lease, finance, power purchase agreement)● Federal, state, and local solar incentives, rebates, and tax credits● The size of your solar energy system● The energy consumption of your home or business● The energy production of your solar system● Net metering availability and policies● The cost of electricity in your area
Regardless, homeowners and businesses can take advantage of new federal, state, and local solar energy incentives, rebates, and tax credits making it possible to go solar at no additional cost compared to their average electric bill. - Most solar energy system installations are completed in a single day but may vary depending on the size, location, and application of the solar energy system.
- Our solar panels come with an industry-standard 25-year manufacturer warranty and are built to withstand various climates and weather conditions. Various components of your solar energy system will need to be serviced or replaced at different intervals but solar panels are capable of powering your home or business well past a quarter-century with some loss in performance over time.
- You will still receive a bill from your utility company because your solar energy system remains tied to the power grid. However, you can reduce the amount you owe to $0 or even receive a billing credit for excess energy produced by your solar panels with a solar energy system that matches or exceeds your energy usage. You will also receive a bill for your solar energy system if you choose to finance it. The combined total will be less than what you are currently paying for electricity.
- According to the World Meteorological Organization, El Paso ranks among the sunniest cities in the world, making El Paso an ideal place for solar energy. On average, El Paso receives 3,762 hours of sunshine per year (approximately 10.3 hours a day). Even on days with less than ideal weather conditions, your solar energy system will continue to generate electricity at a reduced capacity.
- Homes and businesses with solar energy systems tied to the power grid will lose power during power outages unless equipped with an energy storage solution, such as solar batteries. Solar batteries can store excess energy produced by your solar panels and provide backup power during a power outage or natural disaster.
- The question of whether it is better to buy or lease your solar energy system is entirely dependent on you and your reasons for going solar. Both buying and leasing offer their unique advantages. We recommend that you speak with one of our solar advisors to determine which option is best for you.
- Not only can adding solar panels to your home help to significantly reduce or eliminate your electric bill, but it can also potentially increase your home value. According to a study published by Zillow, homes with solar panels sold for 4.1% more on average than comparable homes without solar panels.
- No, solar panels are property-tax exempt in the State of New Mexico and in the State of Texas.
- If in the future you decide that you want to add more solar panels to your solar energy system, as long as your roof or property has the room for it, it can be done.
- According to a study published by Zillow, homes with solar panels sell for 4.1% more on average than comparable homes without solar panels.
If you decide to move, you can choose to pay off your solar energy system at the time of sale or you can transfer the loan, subject to the lender's approval, to the new homeowner.