Do Solar Electric Systems Require Maintenance?
Do you feel confused by all of the options for solar installations? As a homeowner, you might be comparing your choices to buy the system, obtain financing, or lease the equipment. What is the right solution to optimize your investment and maintain your cash flow at the same time?
The Cost of Solar Leasing
Many companies in the solar industry want their customers to lease the solar system because the company receives ongoing payments for 20 to 25 years. Those leasing company’s charge a lot of money, but people go with these services because they don’t know much about solar and it sounds good to hear that they will save money, with no money out of pocket.
The problem with leasing is that you will never own the solar power system. Do the math, and you will see that leasing is one of the most expensive ways to have solar on your home. A better solution is to pay cash or finance, so that you own the solar system in full when it is paid off. There are O down, 12 year solar loans available, with monthly payments about the same as the 20 year monthly lease payments. Also, when you purchase or finance the system, there is also a 30% federal tax credit that is available to you.
Solar Systems Require Minimal Maintenance
One of the selling points for leased solar power systems is that the company will take care of all of the ongoing maintenance work. Homeowners don’t want to add another thing on their to-do list, so it seems like a great proposal to have the experts manage this maintenance.
The truth is that residential solar power systems require minimal maintenance. Yes, the leasing company will take care of the maintenance, but there is very little maintenance that needs to be performed on solar electric systems. People get scared into the lease because they are worried about the ongoing repairs, only to discover that it doesn’t take much work to upkeep the system.
Our team at New Day Solar is working to provide transparency and quality for our customers. We offer free labor for the first 10 years, along with a 25-year manufacturer warranty for both the solar panels and inverters that we sell. Most of our systems are designed with one inverter per solar panel (micro-inverters), these inverters come with a 25 year manufacturer warranty. The solar panels require very little maintenance since there are no moving parts.
There’s no reason to be worried about maintenance when you choose quality equipment and a trusted team. Talk to us at New Day Solar to learn about your options: (855) 444-6329 or visit us online at: www.newdaysolar.com. We have 31 years of expertise and we will always answer all of your solar questions honestly.