Frequently Asked Questions
How will you know if my roof can hold solar?
Determining if your roof can support solar panels involves several factors. At SAVKAT, we take this assessment very seriously and have a comprehensive process to ensure your roof is suitable and safe for solar installation. Here’s what you need to know:
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- SAVKAT’s Assessment Process: a. Initial Satellite Assessment:
- We use high-resolution satellite imagery to preliminarily evaluate your roof. b. On-Site Inspection:
- A SAVKAT professional will visit your home to:
- Physically inspect the roof’s condition
- Take precise measurements
- Assess the electrical system
- Check the attic and roof structure c. Engineering Review:
- Our professional engineering team reviews every SAVKAT project. They analyze the data collected from the on-site survey to ensure your roof can safely support the proposed solar system.
- The engineers run necessary calculations considering local snow loads and wind speeds to guarantee a safe, strong installation.
- They ensure the final plan complies with all updated local and national building codes.
- Permitting and Documentation:
- Once our engineers approve the plan, SAVKAT submits it to the town to obtain proper permitting and documentation for your project.
- We also submit this document to any local incentive program processors on your behalf, simplifying the process for you.
- Utility Interconnection:
- SAVKAT handles the application process for utility interconnection, ensuring your solar system will be properly integrated with the grid.
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- What If My Roof Needs Work?
- If your roof needs repairs or replacement, it’s best to do this before installing solar panels.
- SAVKAT can coordinate roof work with solar installation for a seamless process.
- Future Considerations:
- Think about any future plans for home additions or tree growth that might affect your solar system.
- Our engineering team considers these factors in their assessment and system design.
At SAVKAT, our thorough assessment process ensures that your roof is not only capable of supporting solar panels but that the installation will be safe, efficient, and long-lasting. Our professional engineering team’s sign-off, combined with our handling of permits and utility interconnection, gives you peace of mind and simplifies the process of going solar.
Remember, even if your roof presents challenges, there’s often a solution. Our experienced team can work with you to find the best approach for your unique situation, whether that’s a standard roof installation, a specialized mounting system, or an alternative like ground mounting. With SAVKAT, you can be confident that your solar installation is engineered for safety, performance, and compliance with all relevant regulations.
How do I save money going solar?
Going solar is not just an environmentally friendly choice; it’s also a smart financial decision. Here’s how solar can lead to significant savings:
- Immediate Reduction in Electricity Bills:
- By generating your own electricity, you reduce your reliance on the grid.
- Many of our clients see savings of 20-50% on their electricity costs from day one of going solar.
- Protection Against Rising Utility Rates:
- When you produce your own electricity, you’re no longer subject to utility company rate hikes.
- In the Northeast, utility companies increase rates by an average of 6-7% annually.
- Recently, these increases have been even more dramatic, often in the double digits.
- Solar acts as a hedge against these unpredictable and rising energy costs.
- Long-Term Savings:
- Solar panels typically have a lifespan of 25-30 years.
- Over this period, your savings can be substantial as you continue to avoid rising utility costs.
- Net Metering Benefits:
- Many areas offer net metering, where excess energy your system produces is sent back to the grid for credit.
- This can further reduce your bills, sometimes even eliminating them entirely.
- Increased Home Value:
- Homes with solar installations often sell for more than comparable non-solar homes.
- This added value can be realized if you decide to sell your home in the future.
- Tax Incentives and Rebates:
- The federal solar investment tax credit (ITC) allows you to deduct 30% of your solar system costs from your federal taxes.
- Many states and local governments offer additional incentives, further reducing your out-of-pocket costs.
- Low Maintenance Costs:
- Solar panels require minimal maintenance, keeping ongoing costs low.
- Most systems come with warranties of 25 years or more, protecting you from unexpected expenses.
- Return on Investment (ROI):
- While the initial investment may seem significant, the ROI for solar is often impressive.
- Many homeowners see their systems pay for themselves in 7-10 years, with decades of free electricity after that.
- Energy Independence:
- By reducing your reliance on the grid, you’re less affected by power outages and energy price volatility.
- This is especially valuable in areas prone to severe weather or grid instability.
- Potential Earnings:
- In some areas, Solar Renewable Energy Credits (SRECs) allow you to earn money for the energy your system produces.
- This can provide an additional income stream on top of your energy savings.
- Financing Options:
- Solar loans often have lower interest rates than other home improvement loans.
- In many cases, the monthly loan payment is less than what you were paying for electricity, resulting in immediate positive cash flow.
At SAVKAT, we’re committed to helping you maximize your solar savings. We’ll design a system tailored to your energy needs and local conditions, ensuring you get the most value from your solar investment. Our team will also guide you through available incentives and financing options to optimize your savings from day one.
Remember, while the immediate savings are significant, the long-term benefits of going solar are even more impressive. As utility rates continue to rise, your savings will likely grow year after year, making solar an increasingly valuable investment over time.
What is the Federal Investment Tax Credit (Solar Tax Credit)?
What is the federal investment tax credit (solar tax credit)?
The federal investment tax credit (ITC), also known as the solar tax credit, is a significant financial incentive designed to encourage the adoption of solar energy in the United States. Here’s what you need to know:
1. Basic Definition:
– The ITC is a tax credit that can be claimed on federal income taxes for a percentage of the cost of a solar photovoltaic (PV) system and energy storage systems.
2. Current Credit Amount:
– As of 2024, the solar tax credit is 30% of the cost of the solar system.
– This rate is set to continue through 2032, providing stability for long-term solar planning.
3. Eligibility:
– The credit is available for both residential and commercial solar installations.
– It applies to solar PV systems and solar energy storage devices.
4. How It Works:
– The credit directly reduces the amount of tax you owe, dollar for dollar.
– It’s not a deduction; it’s a credit applied after your tax liability is calculated.
5. Example Calculation:
– If your solar panel system costs $20,000:
– Your tax credit would be $6,000 ($20,000 x 30% = $6,000)
– This $6,000 is deducted directly from your federal tax liability
6. Carry Forward Provision:
– If your tax credit exceeds your tax liability, the excess can be carried forward to future tax years.
– This ensures you can take full advantage of the credit, even if your tax liability is lower than the credit amount in a single year.
7. What’s Covered:
– Solar panels and cells
– Inverters
– Mounting equipment
– Energy storage devices (e.g., batteries) when installed with a solar system
– Labor costs for on-site preparation, assembly, and installation
– Permitting fees, inspection costs, and developer fees
8. Timing:
– The credit can be claimed for the tax year in which the system is “placed in service” (i.e., ready and available for use).
9. Future of the ITC:
– 30% credit through 2032
– 26% credit in 2033
– 22% credit in 2034
– The credit is set to expire in 2035 unless renewed by Congress
10. No Maximum Limit:
– There is no cap on the amount of the credit.
11. New Construction:
– The credit can be claimed for solar systems installed in new home construction, not just retrofits.
12. Utility and Commercial-Scale Projects:
– The ITC also applies to large-scale utility and commercial solar projects, promoting solar adoption across all sectors.
Important Note: While SAVKAT is committed to providing accurate information, tax situations can vary. We always recommend consulting with a qualified tax professional to understand how the solar tax credit applies to your specific situation. SAVKAT does not assume responsibility for individual tax situations or credits.
The federal solar tax credit has been a key driver in making solar energy more accessible and affordable for homeowners and businesses alike. At SAVKAT, we can help you understand how this credit might apply to your solar project and how it factors into the overall financial benefits of going solar. Our team stays up-to-date with the latest changes in solar incentives to ensure you get the most value from your solar investment.
Does my roof qualify for solar panels?
Does my roof qualify for Solar Panels?
At SAVKAT, we understand that every roof is unique, and determining its suitability for solar panels requires a thorough, professional assessment. Here’s how we ensure your roof qualifies for solar panel installation:
1. Initial Consultation:
– Before any physical inspection, we discuss your energy goals and review satellite imagery of your property.
– This helps us preliminarily assess your roof’s potential for solar.
2. Scheduling the Site Survey:
– Once you decide to go solar, we promptly schedule a site survey.
– This typically occurs within a few days of your decision.
3. Professional Site Survey:
– Our qualified site survey technician conducts a comprehensive on-site assessment.
– The survey usually takes about one hour to complete.
4. Roof Inspection:
– The technician thoroughly inspects your roof’s condition.
– They check for any signs of wear, damage, or structural issues that might affect solar panel installation.
5. Structural Assessment:
– We examine the roof trusses and/or rafters to ensure they can support the additional weight of solar panels.
– If applicable, we inspect the attic area to assess the underlying structure.
6. Electrical System Evaluation:
– The main electrical panel box is inspected to determine if it can accommodate the solar system.
– We assess whether any electrical upgrades might be necessary.
7. Shade Analysis:
– We take precise shade readings to understand how sunlight interacts with your roof throughout the day and year.
– This helps us optimize panel placement for maximum energy production.
8. Precise Measurements:
– Exact roof measurements are taken to ensure accurate system design.
– This includes assessing the available space for panels and identifying any obstructions.
9. Data Compilation:
– All the information gathered during the survey is meticulously compiled.
– This comprehensive data set is sent to our design and engineering team for analysis.
10. Custom System Design:
– Our design team uses the survey data to create a custom solar system layout tailored to your roof.
– We consider factors like roof angle, orientation, shading, and structural capacity.
11. Engineering Review:
– Our engineering team reviews the proposed design and survey data.
– They ensure the system meets all safety standards and local building codes.
12. Final Qualification:
– Based on the survey results and engineering review, we make a final determination on your roof’s qualification for solar panels.
– If any issues are identified, we discuss potential solutions or alternatives with you.
13. Transparent Communication:
– We provide you with a detailed report of our findings and recommendations.
– Our team is always available to answer any questions you might have about the process or results.
At SAVKAT, we believe in thorough assessment and transparent communication. Our comprehensive site survey process ensures that we design a solar system that not only qualifies for your roof but is optimized for maximum performance and longevity. We’re committed to providing you with a solar solution that meets the highest standards of safety, efficiency, and reliability.
When does the Solar Tax Credit End?
What is the federal solar tax credit?
The federal solar tax credit, officially known as the Residential Clean Energy Credit, is a significant incentive for homeowners installing solar panels or other clean energy equipment. In 2024, it offers a 30% tax credit on the cost of installation, directly reducing your federal income tax liability.
How does the solar tax credit work?
The credit equals 30% of your total solar installation costs, including equipment and labor. For example, if your solar system costs $20,000, you could claim a $6,000 tax credit. This amount is subtracted directly from your federal income tax bill. If the credit exceeds your tax liability, you can roll over the remaining amount to the following year.
Who qualifies for the solar tax credit?
To qualify, you must:
- Install qualifying equipment (e.g., solar panels, solar water heaters, battery storage)
- Own the system (not lease)
- Have taxable income
- Install the system at your primary or secondary residence
- Claim the credit for the original installation
What costs are eligible?
Eligible costs include:
- Solar equipment (panels, wiring, inverters)
- Labor costs for installation
- Permitting and inspection fees
- Sales tax on eligible expenses
How do I claim the solar tax credit?
Claim the credit when filing your annual federal tax return using IRS Form 5695. You’ll calculate the credit based on your total eligible expenses and add it to your Form 1040. The credit should be claimed for the tax year in which your system received Permission to Operate from your utility company.
Can I combine the federal tax credit with other incentives?
Yes, you can often combine the federal tax credit with state and local incentives. However, some incentives like utility rebates may reduce the cost basis for calculating your federal credit. State tax credits generally don’t affect the federal credit amount but may impact your overall tax situation.
Is there a deadline to claim the credit?
While the 30% credit is available through 2032, it’s advisable to install solar sooner rather than later. The credit will decrease to 26% in 2033, 22% in 2034, and expire in 2035. Additionally, other local incentives may change or expire, potentially affecting your overall savings.
How long do solar panels last?
Solar panel systems are known for their durability and longevity, making them an excellent long-term investment for homeowners. Modern solar panels are designed to withstand various weather conditions and typically have a lifespan of 25 to 30 years. However, this doesn’t mean they stop producing electricity after this period; rather, their energy production may decrease slightly over time.
The longevity of solar panels is primarily due to their simple design and lack of moving parts. This minimizes wear and tear, reducing the likelihood of mechanical failures. High-quality solar panels, like those we use in our installations, are rigorously tested to ensure they can withstand harsh environmental conditions, including high winds, heavy snow loads, and extreme temperatures.
Most reputable solar panel manufacturers provide warranties that guarantee a certain level of performance for 25 years. These warranties typically ensure that the panels will produce at least 80-85% of their rated power output by the end of the 25-year period. In practice, many solar panels continue to function well beyond their warranty period, with some systems operating efficiently for 30 to 40 years.
To maximize the lifespan of your solar panel system, regular maintenance is recommended. This typically involves simple tasks such as keeping the panels clean and ensuring they remain unobstructed by shade. Our team provides guidance on proper maintenance techniques and can perform professional inspections to ensure your system continues to operate at peak efficiency throughout its lifetime.
It’s worth noting that while the panels themselves are highly durable, other components of the solar energy system, such as inverters, may have shorter lifespans. Inverters typically last 10 to 15 years and may need to be replaced during the lifetime of your solar panel system. When designing your solar energy system, we take these factors into account to ensure you get the most value and longevity from your investment.
Is there a federal property tax exemption also?
There is no federal property tax exemption specifically for solar installations. Property taxes are typically managed at the state and local levels, not by the federal government. However, there are several important points to consider regarding property taxes and solar energy systems:
- Federal Investment Tax Credit (ITC): While not a property tax exemption, the federal government does offer a significant incentive for solar installations through the Investment Tax Credit (ITC). As of 2024, this credit allows you to deduct 30% of the cost of installing a solar energy system from your federal taxes. This can substantially reduce the overall cost of going solar.
- State and Local Property Tax Exemptions: Many states and local jurisdictions offer property tax exemptions for solar energy systems. These exemptions typically work in one of two ways:
- Full Exemption: The added value of the solar installation is not included in the property’s assessed value for tax purposes.
- Partial Exemption: Only a portion of the added value is exempt from property taxes.
- Connecticut’s Property Tax Exemption: In Connecticut, there is indeed a property tax exemption for “Class I” renewable energy systems, including solar installations. This exemption applies to systems that generate electricity for private residential use, serving farms, single-family homes, or multi-family dwellings limited to four units.
- Varying Policies by Location: It’s important to note that property tax policies for solar installations can vary significantly between states and even between local jurisdictions within states. Some areas may offer full exemptions, while others may have partial exemptions or no exemptions at all.
- Long-term Financial Benefits: Even in areas without specific solar property tax exemptions, the long-term energy savings from a solar installation often outweigh any potential increase in property taxes. Additionally, solar installations typically increase home values, which can be beneficial if you plan to sell your property in the future.
We recommend checking with your local tax assessor’s office or visiting the Database of State Incentives for Renewables & Efficiency (DSIRE) website for the most up-to-date information on property tax exemptions in your specific area. Our team can also provide guidance on the incentives and exemptions available in your location during your solar consultation.
What is a Photovoltaic Solar panel?
A photovoltaic (PV) solar panel is a device that converts sunlight directly into electricity. The term “photovoltaic” comes from two words: “photo,” meaning light, and “voltaic,” relating to electricity. Here’s a breakdown of what photovoltaic solar panels are and how they work:
- Basic Structure: Photovoltaic solar panels are made up of many smaller units called solar cells. These cells are usually made from silicon, a semiconductor material. Multiple cells are connected together and encased in a protective frame to form a solar panel.
- How They Work:
- When sunlight hits a solar cell, it energizes the electrons in the silicon.
- These energized electrons begin to flow, creating an electric current.
- The solar cells have a built-in electric field that directs this current.
- Metal contacts on the top and bottom of the cells capture this current.
- Types of Photovoltaic Cells: There are several types of PV cells used in solar panels:
- Monocrystalline silicon: Made from a single crystal structure, these are highly efficient but more expensive.
- Polycrystalline silicon: Made from multiple crystal structures, these are less efficient but more affordable.
- Thin-film: Made by depositing one or more thin layers of photovoltaic material on a substrate, these are flexible and lightweight but less efficient.
- Efficiency: The efficiency of a photovoltaic solar panel refers to how much of the sunlight hitting it is converted into usable electricity. Most commercially available panels have efficiencies ranging from 15% to 22%, with some high-end models reaching even higher efficiencies.
- Applications: Photovoltaic solar panels can be used in various settings:
- Residential rooftops
- Commercial buildings
- Solar farms
- Portable devices
- Space satellites
- Benefits:
- Clean, renewable energy source
- Low maintenance requirements
- No moving parts, leading to long lifespans
- Scalable from small to large installations
- Continuously improving technology and decreasing costs
Photovoltaic solar panels are at the heart of solar energy systems, providing a reliable, clean, and increasingly cost-effective way to generate electricity. As technology advances, these panels are becoming more efficient and affordable, making solar energy an increasingly attractive option for homeowners and businesses alike.
What is a state incentive?
In addition to the federal ITC, many states offer rebates or other incentives for going solar. Don’t worry, if there are state incentives available we will apply for them on your behalf. This will help you save even more by going solar!
In parts of CT, there are also additional Eversource incentives available, including bill credits for being a part of their Connected Solutions program.
Consult your tax professional for your specific situation. We do not assume responsibility for your tax situation or credits.
How heavy is a solar panel?
Imagine holding a medium-sized dog or a small child – that’s about the weight of a typical solar panel! But let’s break it down in more detail:
- The Skinny on Solar Heft:
- On average, a residential solar panel weighs between 30 to 50 pounds (14 to 23 kg).
- In terms of area, this translates to about 2-4 pounds per square foot.
- Most panels are roughly 65 inches by 39 inches, giving us around 17.5 square feet per panel.
- Putting It in Perspective:
- If solar panels were people, they’d be lightweight boxers, not heavyweight champions!
- A typical solar panel weighs about as much as:
- 3-5 gallons of milk
- A medium-sized dog
- An average 4-year-old child
- A fully loaded backpack
- The Roof Load Lowdown:
- Modern homes are typically designed to handle a “dead load” of about 15 pounds per square foot.
- With solar panels adding only 2-4 pounds per square foot, most roofs can easily handle the extra weight.
- Fun fact: A foot of fresh snow can weigh 10-20 pounds per square foot – so if your roof can handle a snowy winter, it can likely handle solar panels!
- Installation Insights:
- While individual panels aren’t too heavy, a full solar array can add significant weight to your roof.
- A typical 6kW system might have 20 panels, totaling 600-1000 pounds.
- That’s like parking a small grand piano or a baby grand buffalo on your roof!
- The Weighty Matter of Mounting:
- Don’t forget the mounting equipment! This can add another 3-5 pounds per square foot.
- All together, a solar installation typically adds about 5-9 pounds per square foot to your roof.
- Size Matters (But Not As Much As You’d Think):
- Interestingly, larger panels aren’t always heavier.
- Thanks to advancing technology, many high-efficiency panels pack more power without adding extra pounds.
- The Future is Light:
- Emerging technologies like thin-film solar panels are incredibly lightweight.
- Some weigh less than 1 pound per square foot – as light as a feather (well, a really big feather)!
Remember, while solar panels aren’t heavyweights, proper installation is crucial. At SAVKAT, we always conduct thorough structural assessments to ensure your roof can comfortably support your new solar array. After all, we want your solar experience to be uplifting, not weighed down with worries!
What does it mean to LEASE solar panels?
Leasing solar panels is an alternative to purchasing a solar energy system outright. It’s a financial arrangement that allows homeowners to go solar with little to no upfront costs. Here’s a comprehensive look at what solar panel leasing entails:
- Basic Concept:
- In a solar lease, a company installs and maintains a solar panel system on your property.
- You pay a fixed monthly fee to “rent” the system and use the electricity it produces.
- The leasing company owns the solar panels and equipment, not you.
- How It Works:
- The leasing company installs the solar panels on your roof at little or no cost to you.
- You pay a monthly lease payment, which is typically less than your current electric bill.
- The solar energy generated offsets your electricity consumption from the grid.
- Any excess energy may be fed back into the grid, potentially earning you credits (depending on local net metering policies).
- Lease Terms:
- Leases typically last 20-25 years, aligning with the expected lifespan of the solar panels.
- Monthly payments may be fixed for the entire lease term or may include an annual escalator (a small percentage increase each year).
- Some leases offer a buyout option at the end of the term or at specified intervals.
- Maintenance and Repairs:
- The leasing company is responsible for monitoring, maintaining, and repairing the system.
- This can be a significant advantage, as it removes the worry of unexpected repair costs.
- Advantages of Leasing:
- Low or no upfront costs, making solar accessible to more homeowners.
- Immediate savings on electricity bills in many cases.
- No responsibility for maintenance or repairs.
- Potential Drawbacks:
- You don’t own the system, so you can’t claim tax incentives or rebates.
- Overall, long-term savings are typically less than with owning the system outright but significantly more savings than staying with your electrical utility provider.
- May have less control over the equipment used or the system design.
- Leasing vs. Power Purchase Agreements (PPAs):
- Leases and PPAs are similar, but in a PPA, you pay for the power produced by the system, usually with a guarantee.
- Who Benefits Most from Leasing:
- Homeowners who want to go solar but can’t afford the upfront costs of purchasing a system.
- Those who don’t have a tax liability to benefit from the federal solar tax credit.
- People who prefer not to worry about system maintenance and performance.
- Considerations Before Leasing:
- Compare the long-term costs of leasing versus buying.
- Understand the terms of the lease, including any escalator clauses.
- Consider your long-term plans for your home, as leases can complicate home sales.
While leasing can make solar accessible to more homeowners, At SAVKAT, we’re happy to discuss whether leasing or purchasing is the best option for your specific situation, ensuring you make an informed decision that aligns with your financial goals and energy needs.
What is Net Metering?
Net metering is a billing mechanism that credits solar energy system owners for the electricity they add to the grid. Think of it as rollover minutes for your home’s electricity!
- The Basics:
- When your solar panels produce more electricity than you’re using, the excess is sent to the grid.
- Your utility meter actually runs backwards during these times.
- You’re credited for this excess electricity at the same rate you pay for electricity from the grid.
- How It Works:
- During the day, your solar panels often generate more power than you use.
- This excess power goes into the grid, spinning your meter backwards.
- At night or on cloudy days, when your panels aren’t producing enough, you draw power from the grid.
- You’re only billed for your “net” energy use.
- Billing:
- If you’ve provided more energy to the grid than you’ve used, you’ll see a credit on your bill.
- If you’ve used more than you’ve provided, you’ll be billed for the difference.
- Some utilities offer annual true-ups, where excess credits can be rolled over for up to a year.
- Benefits:
- Maximizes the value of your solar investment
- Reduces or eliminates your electricity bills
- Encourages solar adoption by making it more financially attractive
- Helps reduce strain on the grid during peak hours
- Variations:
- Full Retail Net Metering: You’re credited at the full retail rate for excess energy.
- Time-of-Use Net Metering: Credits vary based on when energy is produced.
- Net Billing: Excess energy is credited at a lower wholesale rate.
- State Policies:
- Net metering policies vary by state and sometimes by utility.
- Some states have moved away from traditional net metering to alternative compensation models.
- It’s important to understand your local policies when considering solar.
- Impact on Solar Payback:
- Net metering can significantly shorten the payback period for your solar investment.
- It allows you to offset your energy costs even when your panels aren’t producing.
- The Future of Net Metering:
- As solar adoption increases, some utilities are pushing for changes to net metering policies.
- New models may include time-of-use rates or reduced compensation for excess energy.
- Battery storage is becoming more popular as a way to maximize solar benefits, even with changing net metering policies.
- Things to Consider:
- Check your local utility’s specific net metering policy.
- Understand any caps on system size or total net metering capacity in your area.
- Be aware of any pending changes to net metering policies that could affect your long-term savings.
What does it mean to OWN your solar panel system?
Owning your own residential solar system means you’ve purchased the solar panels and related equipment outright, either with cash or through financing. It’s like owning your home instead of renting – you’re in control and reap all the benefits. Let’s break down what this means for you:
- Full Ownership:
- You own all the equipment: solar panels, inverters, mounting hardware, and sometimes batteries.
- The system becomes a part of your property, potentially increasing your home’s value.
- Financial Benefits:
- You’re eligible for the federal solar investment tax credit (ITC), currently at 30% of the system cost.
- You may qualify for additional state and local incentives or rebates.
- All the electricity your system produces is yours, potentially eliminating your electric bill.
- Any excess energy sent to the grid may earn you credits through net metering.
- Long-Term Savings:
- After the initial investment, your electricity is essentially free for the life of the system (25-30+ years).
- You’re protected against rising utility rates.
- The system typically pays for itself in 6-10 years, with decades of free electricity after that.
- Control and Customization:
- You can choose the exact equipment and system size that best fits your needs.
- You have the freedom to modify or expand your system in the future.
- Maintenance Responsibilities:
- You’re responsible for system maintenance, but solar panels generally require very little upkeep.
- Many installers offer long-term service agreements or warranties.
- Home Value:
- Owned solar systems can increase your home’s value, typically by about 4% according to recent studies.
- Unlike leased systems, owned systems are generally seen as assets when selling a home.
- Financing Options:
- Cash purchase: Highest upfront cost but maximum long-term savings.
- Solar loans: Spread the cost over time, often with $0 down options.
- Home equity loans or lines of credit: May offer tax-deductible interest.
- Performance Monitoring:
- Many systems come with monitoring apps, allowing you to track your energy production and savings.
- Environmental Impact:
- You’re directly reducing your carbon footprint.
- The energy payback time (time to produce the energy used in manufacturing) is typically 1-4 years.
- End-of-Life Considerations:
- You’re responsible for eventual system removal or replacement.
- Many solar components are recyclable, and the industry is developing more sustainable practices.
- Comparing to Leasing:
- Ownership typically provides greater long-term financial benefits than leasing.
- More control and flexibility compared to lease agreements.
- Higher upfront costs, but also access to incentives not available with leasing
What if I need more work like a roof or tree removal?
SAVKAT® will handle all of this for you. If additional work including: roofing, electrical upgrades, trenching, structural reinforcement or tree removal is needed, we will provide an estimate for you and it will be eligible to roll into the Solar project financing.
Can I get a Solar Storage (Battery) System or Electric Vehicle (EV) Chargers from you?
Absolutely! Both solar storage battery systems and EV chargers are excellent additions to a home solar setup. Let’s break down each option:
Solar Storage Battery Systems
- What they are:
- Batteries that store excess energy produced by your solar panels for use when the sun isn’t shining.
- Popular brands include Tesla Powerwall, SolarEdge, Franklin, and Enphase.
- Benefits:
- Energy Independence: Use stored solar energy at night or during power outages.
- Maximize Solar Usage: Store excess energy instead of sending it to the grid.
- Backup Power: Keep essential appliances running during blackouts.
- Peak Shaving: Use stored energy during high-rate periods to save money.
- Considerations:
- Cost: Adds to the overall system price.
- Space: Requires additional installation space, usually on a wall or floor.
- Lifespan: Typically 10-15 years, may need replacement before solar panels.
- Integration:
- Can be added to existing solar systems or installed with new ones.
- Requires a compatible inverter or additional hardware.
EV Chargers
- What they are:
- Home charging stations for electric vehicles.
- Range from simple 240V outlets to smart, connected charging units.
- Benefits:
- Convenience: Charge your EV at home, often overnight.
- Cost Savings: Home charging is typically cheaper than public charging stations.
- Solar Synergy: Use your own solar power to charge your car.
- Types:
- Level 1: Standard 120V outlet, slowest charging.
- Level 2: 240V outlet or hardwired unit, faster charging (most common for homes).
- DC Fast Charging: Fastest option, but rarely installed in homes due to high power requirements.
- Smart Features:
- Schedule charging during off-peak hours.
- Monitor and control charging from your smartphone.
- Some can communicate with your solar system to optimize charging times.
- Installation:
- May require electrical upgrades to your home.
- Best installed by a licensed electrician familiar with EV chargers.
Combining Solar, Batteries, and EV Charging
- The Ultimate Clean Energy Setup:
- Generate solar power during the day.
- Store excess energy in batteries.
- Use stored energy to power your home and charge your EV at night.
- Benefits of Integration:
- Maximize self-consumption of solar energy.
- Reduce or eliminate dependence on the grid.
- Potential for significant long-term savings.
- Smart Energy Management:
- Systems can be programmed to prioritize home energy needs, EV charging, or grid export based on your preferences and utility rates.
At SAVKAT, we’re excited about the possibilities these technologies offer. We can help you design a comprehensive system that integrates solar panels, battery storage, and EV charging to meet your energy needs and sustainability goals. Whether you’re looking to add these features to an existing solar setup or start from scratch, our team can provide expert guidance and quality installation services.
Remember, the best solution depends on your specific energy usage, budget, and future plans. We’re here to help you navigate these options and create a custom solution that works best for you.