MYTHS & UPDATES
Combating disinformation
My homeowners will drop me:
After Michael, many unscrupulous and untrained contractors came through claiming to be solar installation specialists. Unbelievably, solar was installed on some homes with plywood. As a result, many insurance companies shied away from the concept of solar.
This is no longer the case. In fact, the few agents that have broached this as a possibility with their clients retracted their statements after speaking with us. Solar can be quite complex with all of the various programs and companies out there. To put it in perspective, over a hundred thousand homeowner in Florida have gone solar. If insurance companies had dropped all of these people, solar would not be going up everywhere.
Solar will make resale more difficult:
In fact, having a capped electric bill is a huge draw for potential home buyers. Showcasing the buyback agreement your property has with the utility provider, will give your realtor an edge on the competition. Zillow reports that solar can increase your homes value by an estimated 4.1%. As electricity rates continue to increase, this value does as well. Other studies have shown an even higher rate of return by boasting as much as a $5,911 increase per kilowatt. In this instance, a 10Kw system could increase the homes value by as much as $59,110.00
The National Renewable Energy Laboratory announced the for every 1$ saved on your electrical bill, the value of your home will increase by approximately $20. This translates to $12,000 if you were to save $600 the first year after going solar. There’s plenty of data out there to support a marked increase in home value after making the switch.
In any case, transferring the system is as simple as putting the electric in a new homeowner’s name. Simply contact your rep, solar company or system owner directly and look for a realtor educated in how to maximize and market the value of your home with solar.
Putting holes in my roof will cause leaks:
Again, if everyone who had solar also had roof leaks, solar would have stopped dead in it’s tracks. But, the momentum is stronger than ever and more homeowners are making the educated decision to go solar.
Unfortunately, as with any other industry, some unscrupulous players got involved. The hopes were to be selected as partners with funding recipients. Those businesses did not survive, but the scars left on a small percentage of homeowners have.
If selected for our program, your roof will be warrantied. For this reason, our process is so thorough. Obtaining detailed images of all parts of your home is the first step of our installation process. These images are relied upon by our design team, engineers, electrical department, and installation managers so that your’e never tasked with these issues.
It is important to not that no member of our team has ever encountered this issue.