Testimonials
With tens of thousands of successful installations, our customer success stories are countless.
“I was contemplating installing solar system at my house for several months. When one of my friends recommended Ali, I called him up just to enquire and get some estimates. After my discussion with Ali, I was convinced that SolarTech was the right people to go to for installing my solar system. They are very professional, detail-oriented, and well-organized. I was happy with their pricing, the quality of their work, and the process.”
Arizona
“SolarTech installed my solar panels over 10 years ago now, and they are still performing as strong as ever! I can’t recommend SolarTech high enough as they have helped me with any issues or questions I’ve had with my solar over the years. They did a fantastic job on the install, and their customer service is second to none.”
California
“Very informative technicians. Very reasonably priced. Very helpful, explained to me how the whole system works”
California
“The tech guys were knowledgeable and professional. They checked with the office experts to advise me about my problem. So glad to work with solar tech!”
Colorado
“Very good customer service. The technician was nice and explained everything.”
Nevada
(619) 743 9193
sales@solartechonline.com
Installing solar is a fantastic way to save money on utility bills. Homeowners in California and Arizona typically see savings of about 50% on electricity bills averaging $300/month. While also adding value to the home when it comes time to sell. Besides being a smart financial decision, having a residential solar system allows you to become partially independent from the grid, meaning you won’t have to worry about blackouts or increasing energy prices.
There are several Federal and State incentives that make acquiring a residential solar system easier than ever, such as the Federal Solar Tax Credit.
Solar photovoltaics (PV) is the process of converting sunlight into electricity. When sunlight hits the solar panels, it energizes charged particles that pass from one layer of the solar cells to another. For most residential solar PV systems, this is done using silicon cells.
The energy produced via solar PV is direct current (DC), which is then converted to an alternating current (AC) — which powers our homes — by the solar inverter. That energy is then fed into the main electrical panel to be consumed by your home — consumed by appliances, lights, etc. — or sent to the electric company through the grid for Net Metering credits.
Net Energy Metering is an arrangement with the utility company that compensates a homeowner for producing more energy than they utilize. Instead of disconnecting from the utility grid (which would require significant on-site energy storage capabilities), most homeowners opt to remain as a customer of the utility, then install enough solar panels to offset all or most of the electricity they consume.
About half of the energy your solar panel system produces is consumed immediately by the home, but the rest is sent to the utility company to generate credit at rates close to, or equal to, retail rates for electricity. These credits are then used later at night when the solar panels aren’t producing electricity.
You can learn more about the current Net Metering and how it affects solar homeowners here.
The most common question asked about solar financing is whether to buy or lease a solar energy system. The answer depends on your financial situation, plans for the future in the home, and desired savings. Most California homeowners are choosing to own their solar panel systems with a cash purchase or one of several zero-down loan options. Choosing to own the system allows you to take advantage of the Federal Tax Credit and provides the opportunity to continue saving long after the loan has been paid off.
Leasing a solar energy system for your home will save you money on your monthly utility costs as well. While the savings are usually a little less attractive than owning solar panels, you’ll still save significantly over the traditional costs of electricity from the utility. Leasing carries several other advantages, including worry-free system performance for the length of the contract. That means any equipment maintenance or replacement, even after the product warranty expires, is the responsibility of the leasing companies.
Lease terms tend to be 20-25 years and often come with a production guarantee. For homeowners who cannot absorb the Federal Tax Credit, leases are an attractive option. A solar lease allows the third-party owner (TPO) to absorb the solar tax credit, then pass some of the savings on to the homeowner.
In the past few years, more and more solar financing options are becoming available. These options for financing a residential solar energy system help homeowners capture the value of installing solar panels. Acquiring a home equity line of credit has always been an option, but now many banks and credit unions are offering special unsecured solar loans to finance your home solar installation with no out-of-pocket costs.
These are great options that carry competitive interest rates as low as 1.99%. Financing options still allow you to take the Federal Solar Tax Credit — PACE programs, such as HERO and YGRENE, are also available to fund your residential solar installation and other energy-efficient home improvements through your property taxes.