6 things you must know about going solar - yahoo homes
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8/18/2019 6 Things You Must Know About Going Solar - Yahoo Homes
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8/18/2019 6 Things You Must Know About Going Solar - Yahoo Homes
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7/24/2014 6 things you must know about going solar - Yahoo Homes
https://homes.yahoo.com/news/6-things-you-must-know-about-going-solar-221120074.html
line of credit, or a low-cost solar loan. You may trim your cost further
with incentives, such as rebates or sales- or property-tax exemptions,
from your state, municipality or electric utility.
(Visit www.dsireusa.org/solar to find loan programs and incentives
where you live.)
[ 6 Reasons to Hate Your Cable Company ]
4. Don’t buy. rent.
Let an installer pay for a system, then you pay the installer for the
electricity that your system produces each month—typically at a rate
that’s less than your local utility charges. With a solar lease, you’ll pay
a fixed monthly amount that smooths out seasonal variations. With a
power purchase agreement (PPA), available in 22 states and the
District of Columbia, your bill may vary. For example, with a lease you
might pay $50 a month year-round; with a PPA, you might pay $20 to
$30 a month in winter and $70 to $80 in summer. Both agreements
typically last 20 years, with options for upgrading or removing the
system, or conveying it if you sell your home. The installer maintains,
repairs and insures the system.
[Want to remodel your home? Click to find a contractor who can help
with your renovation now.]
5. You’re still on the grid.
Unless you live in a remote area, your system is tied into the local
utility. If it produces more electricity than you use, the excess is fed into
the grid; in 43 states and the District of Columbia, so-called net
metering—using a special meter that runs forward and backward—will
give you credit.
[ 7 Ways to Lower Your Property Tax Bill ]
6. Find an installer.
The largest multistate installers include SolarCity, Vivint Solar,
Verengo, REC Solar and Real Goods Solar. Or you can look for
smaller, independent installers. On the home page of the Solar Energy
Industries Association Web site, click on “Directory” and search by
state and “Contractor/Installer.” Then look for companies that employ
staff certified by the North American Board of Certified Energy
Practitioners or trained in a program accredited by the
Interstate Renewable Energy Council. Get at least three compar able
bids.
[Click to find a home contractor who can help with your home
renovation project now.]
More from Kiplinger:
• 7 Features Home Buyers Want Most
• What $300K Buys You Now
• 10 Cheapest U.S. Cities to Live In
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