Isn’t going solar expensive?
The outdated stereotype that solar panels are expensive came from a time when the technology wasn’t efficient and the government wasn’t pushing for clean energy. Now, both of these problems are gone and getting panels is affordable with 30% federal credits from SEIA, state credits and individual rebates that can get the initial cost down by over 50% in total.
How do the panels perform in bad weather?
All the equipment we use can withstand extreme weather, be it snow, rain, sleet or hail. Because of this durability, they also require little to no regular maintenance. During the initial analysis of your home, our consultants will also make sure that the panels are positioned in an optimal place to gather the most sun possible, even on cloudy days.
What happens if there is a power outage?
Since your house will still be connected to your current energy company, your power will be cut as well so that utility workers can fix the outage and avoid your system back-feeding into the grid.
How is the energy from the solar shingles stored?
The utility company grid is an energy storage system. All the energy you produce but don’t use right away goes to the utility company you are connected to and they will credit your account through “net metering”—a billing mechanism that allows solar users to save money. Here in Illinois, the current law states that for every kilowatt of energy you send back, your energy company owes you a kilowatt. They aren’t buying this energy from you, but rather issuing credit for it. The first 5% of solar producers are guaranteed to have this 1 for 1 net metering deal, even when the law changes in the years to come. As of 2018, this first 5% has still not filled up, meaning you could still lock in this excellent rate for yourself!
What are Solar Renewable Energy Credits, or (SRECs)?
Every PV solar system receives SRECs, which act as commodities you can sell. The size of your solar panel system will determine how many credits you can receive. The Illinois Power Association will purchase 15 years’ worth of future credits, as much as 30% of the total cost of your system!
Are businesses and farms also eligible for incentives?
Like residential clients, businesses and farms still receive the 30% federal tax credit and are eligible to sell SRECs but also are allowed the use of the Modified Accelerated Cost Recovery System (MACRS) to recover costs from depreciation over time.
For information for farmers and REAP grants through the USDA, please visit www.rd.usda.gov.
For your free quote, give us a call at 630-948-5043 or submit a form on our contact page so you can enjoy the benefits of solar energy for yourself.