We put together this buyers guide to equip with everything you need to know to make a wise decision when choosing your solar company and equipment.
Table of Contents
Solar can be up to 10x cheaper than electric bills!
Did you know that going solar can reduce or even eliminate your electric bills! By installing solar, you will be generating free power to your residential or commercial property, allowing you to save money on electric and utility bills.
Solar costs 16k on average, after incentives. Electric bills are 100k on average*
Long-term financial gain is one of the many reasons to go solar. After you pay off your system, you're generating free electricity!
Simply put, you can pay the electric company 100k OR go solar for 16k for the same energy!
Solar adds value to your home and becomes an asset. Electric bills do not!
Be in charge of where you spend your money! Solar becomes an asset by adding value to your property.
Why give your money away to the electric company when you have solar as an option?
Solar homes sell for up to 15% higher than non-solar homes, and faster.
Adding solar significantly increases the overall value of your residential or commercial property. Based on National Real Estate data, your building will sell faster and at a higher price than non-solar buildings!
Is installing solar really worth it?
On average Solar is 10X cheaper than paying electric bills in CA.
Our average size system is 6 kW / 6000 watts, average system cost after incentives is approximately $15,000.00. The average electric bill is $200 per month and considering utility inflation rates of 8% per year, you will pay $175,000 over 25 years. $175,000.00 divided by $16,000 = 10.93; Solar is 10.93 times cheaper than electric bills, you save $160,000.00.
On a national average solar pays back 101% of its costs upon the sale of the home. Homes sell faster and up to a 15% premium with solar. Not only do you save money but you also increase your homes value.
Let’s us prove it to you, Option One Solar offers a free financial benefit analysis, this will show you the financial benefit of solar vs. your electric company.
Can I install solar on my roof?
In most cases yes, Option One Solar can install on composition shingle, rolled comp, hot tar, rock, flat tile, S-tile, metal tile, wood shake, metal seam.
Spanish clay tiles or fragile lightweight tiles break easily and we must consider the cost of replacing broken tiles and or removing tiles and installing composition under the solar modules, these must be looked at case by case.
The ideal position for solar is 180 degrees due south, but any roof surface from west to east will usually work. North facing roofs are last resort, it will still produce but will require more modules or we can install tilt-up frames to elevate the modules up to face south, both options create additional costs.
Other things to consider are the age, condition, shading, etc. of the roof.
How do I know what size solar system I need to zero out my electric bill?
The system size required to offset your electric usage and bill will be based on your annual consumption history; we need the most recent 12 months electric bills and consumption history to determine annual kilowatt-hours, and with this information we can determine what size system is needed to offset 100% of your electric consumption.
We can also facilitate a conference call with your utility company and with you on the line they will supply us with the monthly electric consumption in kilowatt-hours.
As of Jan 2018, most utility companies have a minimum connection fee of approximately $10.00 per month.
Will I still have an electric bill and can I make money from overproducing?
Option One designs In CA, the utility company would only pay you wholesale rates, 3-6 cents per kWh, so keeping and using your credits for your own consumption is much more valuable. Should the Solar System have produced positive credits at the end of the year, the credits will carry over to the next year.
Do I have to clean the panels? Is any maintenance required on my solar panels?
Rain normally does a satisfactory job of cleaning the panel. During extended periods of no rain heavy pollen and dust, rinsing the panels with a hose removes most of the particulates. Never use detergent on the panels.
There is virtually no maintenance on the system other than an occasional rinsing.
We are currently partnered with several financing companies in order to bring you the best deal possible. We can work with you to design a system and a payment plan that suits you best.
How much does a solar system cost?
The cost of Solar varies throughout the year. At present the average a person is spending between $20,000 and $50,000 to meet there electrical goals. We use a modern and accurate strategy to design a system that meets your needs. Give us a call for a free quote.
Buying vs Leasing
Buying your solar installation is the best way to save money and invest into your property. On average solar is 10x cheaper than electric bills in California.
An alternative to buying your solar is to lease it. Under a lease agreement you are essentially renting the equipment and paying a rate that is expected to be lower than your current electric bill. However, you are only saving 10-30% compared to the potential 40-70% in savings seen with solar owners.
Most lease agreements are 20 years or more, and if you decided to put your house on the market before your lease is up, you would either have to buy out the lease or persuade the new buyer to take on the lease, which most people will be very hesitant to do.
On the flip side, buying solar adds value to your home. Zillow reports show solar increasing home values by up to 4.1% in comparison with homes without solar.
The Solar Panels have a 25-year power warranty. 90% for the first 10 years and 80% for the remainder of the 25 years and a 6-year warranty on materials and workmanship.
The SolarEdge inverters have a 25-year replacement warranty.
A solar panel converts sunlight into the direct current (DC) energy that is later used by your solar inverters. There are two types of solar panel modules: monofacial and bifacial. A monofacial solar panel can only produce energy from one side of the panel, while a bifacial solar panel can produce energy from both the front and backside of the solar panel. At Option One Solar we use the industries top-performing tier 1 bifacial and monofacial solar panels to maximize your energy production!
A solar inverter is used to convert the direct current (DC) energy that your solar panels capture into the alternative current (AC) energy used throughout your residential and commercial building. The three main manufacturers that produce the industries top-performing inverters are: SolarEdge, Enphase, and SMA.
Solar batteries work by storing the energy produced by your solar panels to use during a later time. The stored energy can be used during peak energy hours, during the night time when your solar panels aren't producing as much energy, or during the instance of a power outage. Whatever your reason may be for investing in a battery storage, we offer the industries top-performing batteries for your residential or commercial property!
A permanently installed Generac home backup generator protects your home automatically. It runs on natural gas or liquid propane (LP) fuel, and sits outside just like a central air conditioning unit. A home backup generator delivers power directly to your home’s electrical system, backing up your entire home or just the most essential items.
We back our products, label, and performance of equipment. Should you have any trouble with your installation we will send a technician to you to get any and all issues resolved as quickly as possible.
Occasional rinsing of your panels is the most maintenance that is needed for your solar installation. Rain can take care of this for you as well.
You are able to monitor your system's performance via SolarEdge and Tesla apps.
This makes it very convenient to see how your system is performing.
Our experience has enabled us to develop a process we are proud of. We educate you on every aspect of your solar installation. We believe it is important for anyone looking to make the switch to solar to be knowledgeable on the equipment, the process, and the financial expectations.
We work closely with every customer to design a system that matches their lifestyle and financial situation. We can answer any questions you might have about solar and set your mind at ease knowing you have made a wise decision rather than an impulsive one lead by an aggressive sales rep.
Give us a call and we can guide you through the whole process.