Some important tips before getting started:
- Most solar companies will not install on a roof that is more than ten years old
- Solar panels will prolong the life of the sections of roof that they are covering
- Both leasing and buying can be done with no money upfront
- Lease prices are based on your current electric charges and can increase over time
- When you purchase solar panels, you are responsible for insuring them
- You may be eligible for state and federal tax credits, as well as a rebate from your power company
- Normally, you will still owe the power company a small monthly fee for being hooked to the grid
- Most solar installations will shut off during a power outage
- Some inverters can function as daytime power generators during a power outage
- Purchasing a solar system can substantially increase the value of your home
Ever since I started researching residential solar in 2013, I have received tons of questions from friends, neighbors and members of my community looking for my advice and asking about my experience having solar installed. Buying or leasing solar is a complicated process and there is a ton of information that I want to impart, but can never adequately explain in casual conversation. In an effort to provide the best, most comprehensive collection of advice and experience, I have compiled this solar buying guide.
While everyone’s situation is different, I hope to provide helpful advice for anyone looking to purchase or lease a solar installation for their home.