Homeowner’s Guide to Investing in a Solar System in California

Homeowner’s Guide to Investing in a Solar System in California

As a homeowner in California, there are things you need to consider before you invest in a solar electric system. If you don’t know a lot about your options, then you might feel that having solar installed is a complicated process. There is no need to be confused, because our team at New Day Solar will answer all of your solar questions honestly and will take the time to explain all the details of having a solar system installed.

Solar Customizations for Your Home

It’s not as simple as placing a few solar panels on your roof and assuming that you are ready to go. Instead, you need to figure out the placement of the solar panels, so you get the optimum production by taking shading azimuth and tilt into consideration.  Also, a permit needs to be obtained from the City/County Building Department, types of financing need to be discussed and Net Metering paperwork for the utility company needs to be completed, among other items.

At New Day Solar, we offer various options that would meet the needs of each homeowner. We will complete an inspection of your roof, service panel and your past electric bills, in order to determine the design and number of solar panels that will match the monthly electric needs of your family. Our experienced team will assist with sizing the solar system to ensure that you will generate enough electricity to meet your energy needs.

Paying for the Solar Power System

Some homeowners choose to pay cash for the solar system; then they take advantage of tax credits that might be available at the time of installation.  If you finance your solar system, you can purchase a system with no money out of pocket and still take advantage of the 30% Federal Tax Credit.  We can talk to you about financing options that you might consider. For example, some homeowners use a Home Equity Line of Credit (HELOC) to fund the materials and installation or some just use a local credit union that has solar loans with 0 down for 12 years.

Even if you finance the solar power system, you will eventually pay off the loan and enjoy the benefits of free energy for many years, because the solar panels come with a manufacturer warranty of 25 years.  In many situations, your monthly solar loan payment is lower than what you were paying for electricity each month from the electric company.   You are spending money for your electric bill each month any ways, so you might as well put that money towards a solar system that you will own and then take advantage of the 30% Federal Tax Credit.

If you are considering a solar electric system for your home, you can call our team at New Day Solar.  We have 30 years of expertise and have won the Best Solar Company in the Inland Empire 3 years in a row.   Let us use our expertise to help lower the cost of your Electricity!  Call us to schedule a no-obligation consultation at: (855) 444-6329 or visit our website at: www.newdaysolar.com.

New Day Solar

Posted by New Day Solar
6 years ago / August 21, 2018

At New Day Solar, we are committed to improving the world we live in, as well as helping our community create brighter tomorrows!

With the expertise that New Day Solar provides, as well as the federal tax credits and rebates available, solar electricity is beneficial to everyone. Not only will you help conserve our environment, but you can save some money too! Solar electricity is not just a luxury, but also an investment for your home and country. Electricity is only going to get more expensive, but with help from New Day Solar, you can harness the sun’s energy and use it to your advantage.

Filed Under: Solar Energy System

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