Solar Panel Installation – a Cost-Effective Choice

With energy bills soaring, homeowners are left with minimal options to save. Solar can significantly reduce monthly costs and be a wise, cost-effective solution by relying on the sun’s energy while protecting homeowners from fluctuating utility prices. 

Home-buying trends are showing that contemporary buyers will pay more for homes with solar panels. A study done by the U.S. Department of Energy found that homes with solar panels installed sold for 4.1% more than homes without solar panels. Adding solar is not just a good option in the immediate present but for the future of real estate in competitive markets.

Relying on the sun for power gives homeowners a greater assurance of everyday energy demands. Even when we cannot count on the grid, we can count on the sun. This makes solar power sustainable and renewable. For homeowners who want to reduce their carbon footprint for the long-term health of our planet, solar power is one of the best ways to do so. The average solar system reduces carbon emissions by 4.9 metric tons per year. 

Solar is an important way to make our future cleaner and greener because it produces no carbon emissions or pollution. A study from the International Energy Agency found that energy derived from solar could provide up to 27% of the electricity in the world by the year 2050.

If purchasing solar panel installation with cash or through a solar loan, there is a federal tax credit up to 30% (Solar Investment Tax Credit). This tax credit was 26% in 2022 and will increase 30% through 2032. As an added bonus for some, NEM (net energy metering) is a way to have excess energy stored as a credit to use on a day when the solar panels aren’t producing much energy. NEM is just another added benefit for those who qualify under their utility company’s guidelines.

Why Choose OneSource Roofing and Restoration for Your Solar Panels?

You may be wondering why it’s a good idea to come to our roofing company for assistance with your solar panel installation. There are many reasons this is a good choice, including:

• Whether roofing or solar, we are dedicated to serving our community’s needs, not ours.
• We install solar because we believe in solar as an effective energy source
• Solar goes on roofs, so who better to understand placement and shading than a solar AND roofing expert
• We use the highest quality products on the market, from inverters to batteries to the panels themselves
• Price transparency (financing, cash, etc)

We can provide you with a variety of options for your new solar panel installation as well. Options for acquiring solar panels include:

• Cash: This is straightforward. Pay for your solar system outright and begin focusing on the benefits of solar without having to worry about a loan or financing fees.
• Loans: A loan is a way to purchase your solar system without paying for it all upfront. Just like any
  other loan, your solar gets financed with monthly payments. As an owner, this option still allows you to qualify for tax credits.
• PPA (Solar Leasing and Power Purchase Agreement): A PPA allows you to take advantage of a lower electricity bill without taking out a loan or affecting debt-to-income.

Bearing all of this in mind, you may be wondering about the process of solar panel installation. We’ve included a brief guide to the solar panel installation process so you know what you can expect once you have made the decision to have solar panels installed on your home or business. 

• Consultation: Provide OneSource Roofing and Restoration with a copy of your most recent electricity bill, and what questions you have, and inform us what is most important to your needs. This information will allow us to put together a free and detailed quote.
• Site Survey: A OneSource Roofing and Restoration  rep will come out to your home to confirm that your home meets all of the qualifications needed to go solar and answer any additional questions.
• Custom Design: We will put together a unique design that will meet your energy hopes and needs and make sure the sizing of all components will maximize the solar system’s effectiveness.
• Obtain Permit and HOA Approval: Many cities require permits and some neighborhoods require HOA approval for installing solar panels. We will only install it once the necessary documentation has been acquired.
• INSTALLATION: In most cases, solar panels can be installed in 1-3 days. We will communicate to each of our customers what they can expect.
• Maintenance: After installation, we recommend having the panels inspected and cleaned once per year for optimal performance.

Can Hail Damage Solar Panels?

Rarely. Solar panels are constantly being improved in their durability. Generally speaking, a hail event with any hail greater than baseball size may damage your solar panels. This occurs on a case-by-case basis, as hail density and wind-driven hail are factors in a solar panel enduring severe weather.

I Have Solar Panels and May Need Roof Replacement, What Do I Do?

Insurance will pay to have the solar company remove your panels and have them reinstalled after the roofer replaces the roof. If the insurance company did not initially add it to their report – you will just need to send them the solar estimate to get it added and paid.

Reach Out Today

We’re ready to help if you are interested in solar panel installation in Frisco, TX or the surrounding area. Give us a call today at 682-372-7221 to speak to one of the members of our team.