We’ve assembled a list of some common questions we receive about adding solar to a home. If you’re question isn’t here, don’t hesitate to reach out to us using the Contact page for a quick reply.
NOTE: Clicking on the question will reveal the answer.
How do solar panels work?
Solar panels absorb energy from the sun throughout the day and convert it into direct current (DC) electricity. Most homes and businesses run on alternating current (AC) electricity, so the DC electricity is then passed through an inverter to convert it to usable AC electricity. At that point, you either use the electricity in your house or send it back to the electric grid.
How much power can I make WITH a solar energy system?
Using satellite imaging to view your home/property, Agora’s solar designers will create a system that maximizes the power production to the power purchase limits, if applicable.
Using satellite imaging to view your home/property, our solar designers will create a system that maximizes the power production to the power purchase limits, if applicable.
What about the equipment?
Agora electrical engineers conduct a detailed analysis of the industry’s leading solar PV panels and inverters to ensure that the equipment we offer is top quality and the best price
Our electrical engineers conduct a detailed analysis of the industry’s leading solar PV panels and inverters to ensure that the equipment we offer is top quality and the best price.
What is the warranty?
Our equipment is covered by the manufacturers’ warranties. Solar PV panels are from Tier 1 suppliers and have a 25-year production warranty; Microinverters come with a 25-year warranty, panel racking system has a 20 year warranty, and we provide a 5-year workmanship warranty on our installation. The system has no moving parts and will produce trouble-free electricity for decades.
What incentives do I get if I add solar power to my home?
The most significant financial aspects of installing solar on your home are the incentives offered by the government and your electric utility providers. For all homeowners across the country, the federal government offers an Investment Tax Credit (ITC) for installation of solar and related accessories such as battery storage. The ITC is calculated by multiplying the final cost of the system times the ITC rate of 30% (the ITC can be as much as 70% if certain conditions such as Low Income Housing, new Tax Equity Market, Domestic Content rules are met) . This credit is then applied toward your federal tax liability for the year in which the system was installed or can be carried forward if the credit is larger than the tax liability. Also, some electric utility providers offer additional incentives based on the amount of electricity generated by the new solar system, As an example, Xcel Energy Solar Rewards program incentivizes solar system owners with additional funds (based on availability and first come first serve). Agora will help guide you to the available incentives and they will be reflected in your customized system proposal and financial analysis.
Is financing available?
There is a wide variety of financing available to homeowners. Agora works closely with a number of highly reputable finance firms, such as CU-GREEN that can connect you to local credit unions offering financing at very competitive rates. If you prefer the smallest possible monthly payments, we can provide 20-year financing through LoanPal.
What are the financial benefits of solar energy?
When you install a solar energy system on your property, you save money on your electricity bills and protect yourself against rising electricity rates in the future while adding value to your home. The exact amount you can save depends mostly upon the utility rates and solar policies in your area, but going solar is a smart investment regardless of where you live.
What is net metering?
Net metering is the system that utility companies use to credit solar energy system owners for the electricity produced by their solar panels. With net metering, you only pay for the electricity that you use beyond what your solar panels can generate.
How does solar impact my property values?
Studies have shown that homes with solar energy systems sell for more than homes without them. Your property value will only increase if you own, rather than lease, your solar panel system. In most parts of the country, going solar will actually increase your property value more than a kitchen renovation.
What happens if I sell my solar house?
If you own your solar energy system, your solar house will sell at a premium: studies have shown that solar increases property values. However, if you lease your system, that is not the case. You will need to either buy out your lease before you sell your home, or work with your leasing company to transfer the lease agreement to the home’s new owner.
What solar energy rebates and incentives are available?
Rebates and incentives for solar vary depending on where you live. The most significant is the 30% federal tax incentives, which allows you to deduct 30% of the cost of your solar energy system from your taxes. Some states offer additional tax credits, and certain municipalities and utilities also offer cash rebates or other incentives.
What are the environmental benefits of solar energy?
Solar power, like other green energy sources, has countless environmental and health benefits. Solar helps reduce greenhouse gas emissions and also results in fewer air pollutants such as sulfur dioxide and particulate matter, which can cause health problems
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