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Evaluating Photo voltaic Vitality Proposals and Quotes

Dinero Post by Dinero Post
February 9, 2023
in Utilities Sector
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In the event you’re making the transfer to solar energy (good on you!), you might be questioning, what’s one of the best ways to check proposals from completely different suppliers? Sadly, there isn’t any one commonplace format for photo voltaic proposals, however there are some key factors of data that you may search for to make an knowledgeable resolution.

On this put up, we’ll stroll you thru the mySunPower proposal device and level out the related info alongside the way in which. However first, a couple of issues to search for when evaluating photo voltaic proposals:

  • System measurement and vitality offset– Any photo voltaic proposal ought to clearly outline the scale of your system in kilowatts, and the estimated “offset” the system will present. Offset is the share of your vitality utilization that shall be coated by photo voltaic vitality.
  • The quantity you’ll pay and the quantity you’ll save- How a lot you pay on your photo voltaic system will rely in your system measurement, location and the kind of financing you select. The quantity you’ll save depends upon your native utility charges and the common anticipated enhance of their prices to you. (Each SunPower vendor is aware of methods to estimate this, and this metric ought to be famous in your proposal.)
  • The phrases of your settlement– How will you pay for solar energy? The financing car (money vs. mortgage, lease or PPA), the size of the contract and the warranties the corporate offers ought to all be clearly evident in your proposal. 
  • Manufacturing assure– Photo voltaic panels are likely to degrade over time — some greater than others. For some firms, this quantity can go as little as 80%, which is able to dramatically have an effect on your vitality manufacturing, and therefore, your monetary returns. SunPower ensures its programs will carry out at or above 92% over the 25-year guarantee of the system.

What is going to my SunPower proposal embrace?

When you’ve supplied your utility payments and your photo voltaic consultant has generated a quote, you’ll get a message in your e mail with a hyperlink to a photo voltaic proposal. The touchdown web page of the proposal will look one thing like this:

 

 

On this case, there are three financing choices– mortgage, lease or money. The scale of the system is proven, together with whether or not it’s photo voltaic or photo voltaic + storage. Select the choice you need and also you’ll be prompted by an in depth take a look at your system. You possibly can at all times return and select different choices to check them.

mySunPower is definitely a robust training device, so the primary few pages are easy explanations of how photo voltaic works.

 

Solar Proposal Screenshot

 

After you’ve run by these pages, you’ll see a display outlining the advantages of every monetary method. Right here’s an instance of the financing advantages web page:

 

Solar Proposal Screenshot

 

A few of the advantages of financing your system with SunPower embrace proudly owning the system outright vs. leasing it, and the flexibility to enhance the worth of your own homeonce you promote it down the street.

How a lot can I save with photo voltaic vitality?

You possibly can at all times “skip to proposal” to see the nuts and bolts of the system, which on this case appears like this:

Solar Proposal Screenshot

 

Our proposal device exhibits you the full system financial savings over 25 years in contrast with the price of not going photo voltaic. The financing particulars are on the fitting, displaying the full financed quantity much less the Federal Tax Credit score. On this case, the month-to-month fee could be $146.

When will I break even on the funding?

Let’s talk about the full price of the funding vs. the financed month-to-month fee. For the reply to this query, click on on the Financial savings Per 12 months tab, the place you possibly can see how a lot you’re saving yearly with photo voltaic, in contrast with the projected annual utility price with out photo voltaic.

 

Solar Proposal Screenshot

 

You possibly can transfer the vertical line forwards and backwards alongside the inexperienced financial savings continuum to seek out the place the place you’ll break even on the funding, on this case at round yr 15. (It is a extremely variable quantity primarily based on the financing possibility you select, so it’s good to check your choices.)

Able to signal? Right here’s how that’s carried out.

When you’ve reviewed your proposal and are able to take the following step, the system will immediate you thru a Docusign course of that clearly summarizes the main points. From there, it’s a easy course of of making your account inside MySunPower – which retains observe of your system efficiency and savings- scheduling your set up and also you’re carried out!

Need to see how the method works your self? Take our SunPower Design Studio for a take a look at drive and discover out what your own home appears like with photo voltaic.

 

Associated posts

Can You Add Photo voltaic Panels to an Present System?

The High 5 Causes Californians Ought to Go Photo voltaic Now

Three Issues You Ought to Know When Looking for a Photo voltaic Battery



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