Install Solar Panels in Your Home
As the years continue to pass and the consequences of our everyday activities continue to negatively impact planet earth, it becomes more and more important for us all to learn more about the different ways that we can reduce our environmental impact.
One way to do so is by considering the installation of solar panels in our homes. To learn more about the importance of solar panels, I invite you to check out our previous post in this regard that provides a full explanation - "Importance of Solar Panels". On this occasion, I want to provide you with additional information to learn how the process of installation works.
NOTE: It is important to highly consider the tax incentive being offered for the installation of solar panels in your home. The Federal Investment Tax Credit (ITC) also called the Federal Residential Solar Energy Credit, is a tax credit that allows you to deduct 26 percent of the cost of installing a solar energy system from your federal taxes. To learn more about this tax credit, make sure to contact your tax advisor, and make sure to check out the following article provided by the Office of Energy Efficiency & Renewable Energy. https://www.energy.gov/eere/solar/homeowners-guide-federal-tax-credit-solar-photovoltaics
The first step in the process of installing solar panels is to get in contact with a specialist that can provide you with the guidance needed and lists of costs for this new service. For this we recommend getting in contact with Leonardo Boni - Mobile: (202)-855-8532 Email: [email protected]
For properties located in a condominium and/or homeowners association, first, it will be necessary for you to request authorization directly with your management company to obtain the permission necessary for the company to be able to install the rooftop system. In many cases, the property managers will request a number of documents that detail the information about the system to be installed, such must be obtained directly from the company hired for the service.
In the case of homeowners in communities with no HOA, you are free to proceed with the service at your own pace without the need for authorization.
For rooftop systems, it will be necessary to first schedule an inspection of your roof, to ensure that it is in good condition and determine its life expectancy. It is crucial for the roof to have the structural integrity to support solar panels for the 20-to-30 year lifespan of the solar energy system.
Find a solar installer that is certified by the North American Board of Certified Energy Practitioners (NABCEP) or Roof Integrated Solar Energy (RISE). You can also refer to the Solar Energy Industry Association of Maryland, DC, and Virginia (MDV-SEIA) or the Maryland Clean Energy Center for DMV-based contractors.
- Third-Party Ownership Financing: in this case, an agreement is established where the company completes the installation and then charges a fee for the electricity that they produce. In itself, this provides two types of contracts
- Solar Leases: a fixed amount is agreed to be paid each month for the use of the solar energy system. Such payment is calculated by estimating the amount of electricity the system will be able to produce.
- Power Purchase Agreement: in this case, a third-party developer owns, operates, and maintains the system. As a customer, you will simply agree to allow the installation of the system in your property and will pay a fixed rate to purchase the power generated. One of the advantages of this option over the lease is that if the panels are not working for a period of time, or are producing less power than quoted, then the payments for the system fall accordingly. With a pure lease, the monthly amount is due regardless of actual electricity production from the panels.
Note: Down payments will vary depending on the type of solar lease or PPAs selected. Some companies might offer $0 down, whereas others could be prepared. What is important to remember is that, while there may be no upfront cost to you, you do not own the system, and the solar energy produced is not free. The tax credits, rebates, and other financial incentives belong to the owner of the system (not you), so you do not receive these benefits.
I recently installed solar panels in my property with the help of Leonardo Boni, to see the results, make sure to check out all the videos listed below and do not hesitate to reach out to Leonardo to learn more about the process and get an estimate on the costs for the installation and service of solar panels. Leonardo Boni - Mobile: (202)-855-8532 Email: [email protected]
Process of Installation of Solar Panels:
Installation Completed of Solar Panels at a Townhome in Rockville, MD: