Testimonials

When photons hit a solar cell, they knock electrons loose from their atoms. If conductors are attached to the positive and negative sides of a cell, it forms an electrical circuit. When electrons flow through such a circuit, they generate electricity. Multiple cells make up a solar panel, and multiple panels (modules) can be wired together to form a solar array. The more panels you can deploy, the more energy you can expect to generate.

If you’ve been waiting for solar prices to come down, there’s good news. GTM Research reports that residential solar prices have dropped to an all-time low. However, because of a potential solar panel trade dispute, solar panel prices may not drop any further for a while. So, if you don’t go solar in 2020, you likely will be losing more than you’d gain by waiting.

As you may know, congress recently passed tax reform legislation that will reconfigure how Americans calculate their mortgage interest tax deductions. The good news for homeowners going solar is that the 26 percent solar investment tax credit (ITC) is still in place for 2020. However, the credit will drop to 10 percent in 2021.

For example, say your SunPower® solar system, including installation, costs $30,000. As long as it’s connected to the utility before the end of 2019, you can get a $7,800 tax credit (26% of $30,000 toward your 2020 income taxes).

Rest assured, your monthly loan payment will still be lower than your previous energy bill!

Solar panels are quite durable and can withstand even harsh weather conditions, including the impact of hail up to one inch in diameter. Only 1-in-20,000 SunPower panels are ever returned.

One of the advantages of solar energy is that the addition of PV panels generally increases home values. A recent study by the U.S. Department of Energy’s Lawrence Berkeley Laboratory analyzed about 22,000 home sales, almost 4,000 of which use PV solar systems in eight states. It found that a typical PV system added about $15,000 in value.