Most solar providers are honest with their customers. However, some claims may be misleading. According to the California Solar Consumer Protection Guide, here are three common FALSE claims that anyone considering solar should keep in mind before making decisions.
“You can get free solar energy at no cost to you”
This may be true under certain circumstances. Only a handful of government-funded solar programs offer low-cost solar, or occasionally free solar, to qualified households. The truth is solar energy is rarely free. Honest companies are always upfront about all the costs you will pay. They will explain the solar income tax credits and other incentives you can get to help bring the cost of solar as low as possible.
“You will never pay an electricity bill again after a solar system is installed”
You should also consider is if you are planning to take out a loan. Customers who take out a loan or sign a lease will receive a monthly bill from their loan company or solar provider. PACE (Property Assessed Clean Energy) is a financing program which would require payments once or twice a year or even be included with your mortgage.
If you install the right size system, going solar will drastically reduce your electricity bill. However, you will still receive a 12-month-period Settlement bill.
Utility companies call this a “True Up” bill which we will explain more in future articles. Basically, the “True Up” bill breakdowns how much energy you have consumed and how much the utility company has credited to you.
For example, if you use gas, you’ll still have to pay the gas portion of your utility usage.
Customers who take out a loan or sign a lease will receive a monthly bill from their loan company or solar provider. PACE (Property Assessed Clean Energy) is a financing program that would require payments once or twice a year or even be included with your mortgage.
“Time is running out and you must quickly sign up to get solar”
You should never have to deal with a pushy salesperson. An honest salesperson will give you all the time you need to review the contract and ask questions until you feel comfortable with all the terms before signing.
Solar companies might suggest you go solar as soon as possible in order to maximize your Solar Income Tax Credit. Starting in 2020, the Solar Income Tax Credit will reduce from 30% to 26% and will continue to go down until it reaches ZERO in 2022. However, this shouldn’t be a reason for a solar company to rush you to sign the solar contract.