Curious about what solar companies might be keeping under wraps? Join us as we delve into the essential insights that often go unaddressed in the solar industry.
Potential Damage and Warranty Protection
Let's start with a critical consideration—potential damage to your solar system. In the event of a storm, such as wind or hail, what happens to your solar panels and your roof? Are you covered by warranty terms, or will you be left to foot the bill for repairs? These are questions that many solar companies may not proactively address, leaving homeowners in the dark about their protection in such scenarios.
The truth is, the home improvement industry doesn't cover acts of god. This means you need to choose a durable solar panel capable of handling storm damage. Depending on where you live, you may need to add the system to your homeowner’s insurance policy as well.
Most solar companies use cheaply made systems to save money, and they will tell you whatever you need to hear to get your business. This is a major issue, especially in states like Colorado where we have severe storms. Because cheap systems are not resistant to hail above 1 inch in size, Homeowners can be left paying thousands of dollars out of their pocket in fixing or replace their system.
If you choose a durable solar panel you may not need to add the system to your insurance policy. That is why it is crucial that you meet with an experienced and unbiased professional, in order to determine the best option for your situation.
In some cases, a durable solar system withstands the impact of a storm, but the roof shingles do not. In that case a detach and reset of the system will be required when replacing the roof. This is another example we have seen time and time again. In this scenario, it is essential that the homeowner prepares in advance. Your insurance company will not cover the detachment and reset of your solar system without adding it to the home’s insurance policy prior to the storm date. This is highly encouraged in areas that are at high risk of hail and high winds. The cost of a detach and reset averages around $200 - $300 per panel. Depending on system size, this could add up to thousands of dollars. Simply adding the detach and reset of a solar system to your policy will save you lots of headaches and money. If you have more questions about this process, schedule your free consultation with Colorado Energy Experts.
Limited Financing Options
Another aspect that often gets overlooked is the range of financing options available to homeowners. Many solar companies only offer one financing option for the sake of simplicity and a higher margin. As Independent Energy Consultants, we understand that one size doesn't fit all. Each homeowner's financial situation and goals vary and necessitate a more flexible approach to financing. As the customer you have the right to ask for multiple finance options so you can make an informed decision that aligns with your specific needs and circumstances.
Choosing the right financing option is just as crucial as selecting the perfect solar product and installer. It's about finding a solution that not only meets your energy needs but also fits seamlessly into your financial plan. With access to a diverse range of financing options, homeowners can ensure they're making the most financially sound decision for their solar upgrade. Picking the right finance option is just as important as choosing the right product and installer. Don’t get pigeonholed by a solar company.
Finding the Right Fit
Many Solar Salespeople will tout the benefits of solar panels increasing the value of your home. While the value of solar and independent energy production is obvious to those who are informed, it’s not as common for an average buyer. The solar will only increase the value of your home IF you’re using a qualified real estate agent and appraiser.
You need to work with a knowledgeable and experienced real estate agent that understands the long term value and impact of solar on a home. This kind of real estate agent will be able to properly position your home in the market and show the home to buyers whose values and interests align with your interests. In addition, an informed mortgage lender and qualified appraiser is necessary when building an accurate appraisal for your home. If the value of the solar system isn’t accurately recorded in the final appraisal, you’ll be missing out on that equity value. Fortunately Colorado Energy Experts has a network of qualified professionals to help through this process. If you have more questions about this process, please schedule a free consultation with us today.
In Conclusion
Ready to embark on your solar journey armed with all the necessary information? Look no further than Colorado Energy Experts. Our team is dedicated to providing transparent guidance and access to a variety of financing options tailored to your unique needs. Don't settle for one-size-fits-all solutions—let us help you find the perfect fit for your solar upgrade
Contact us today to discover the truth behind solar financing and ensure a seamless transition to renewable energy. Together, let's illuminate a brighter, more sustainable future.