Jul 10, 2020

The Process of Buying Solar Panels

Here at SinglePoint, we want to provide customers with an easy, hassle-free experience with the process of buying solar panels and their overall solar power experience. To help out, SinglePoint and our subsidiary, Direct Solar America is here to help consumers from beginning to end, finding and installing the best available solar energy system for your home or business, and ensuring you understand exactly what is going on in each step of the process. 

We strive to make sure that you have a solid understanding of what is going on and know that we will always be transparent – no smoke and mirrors here. With all that said, let’s dive into what the process looks like and how our subsidiary, Direct Solar America, can help.

Do Your Research on Solar Panels

The first step you should take when considering switching to solar power is doing your research. Most people have a basic understanding of what solar panels are and how solar power works, but do you understand it well enough to make educated decisions once the process begins?

Some things you may want to research include what types of solar panels are available, and what the difference is between them, something we have covered previously. Also, consider researching how solar energy works on the grid and how homes using solar energy impact it as well as how there is potential to be compensated for the solar energy your home harnesses. 

Determine Your Budget for Solar Panels

Hopefully one of the things you have researched is how much solar energy costs, from installation to maintenance. Although everyone’s budget and expected costs will vary and won’t be the same for everyone, you can usually determine a ballpark price.

One of the things Direct Solar America is here to help with is helping you save money when looking to buy a solar energy system. Through their services, you will put no money down, have no cost for an estimate, and they will help you potentially save up to 50% off of your electricity bill. Their goal is to help you save the most money possible throughout your solar energy system buying process.

Contact Solar Panel System Lenders & Financers

Most people who install solar panels can’t afford all of it out of pocket, which is common considering that a full solar panel system typically costs between $12,000 and $23,000 after tax credits. Since this is usually the case, there are many options available for financing your solar panel system. If the thought of having another loan makes you uneasy, keep in mind that solar loans will provide you with immediate returns by saving you money on your electricity bill right away, even as you’re repaying your solar energy loan.

Direct Solar America can help you with this process by helping you determine which lender is best for you, as well as helping you answer important questions such as if you want a secured or unsecured option, and how much you’re willing to pay for each monthly loan installment. 

P.S. Act soon! The federal government provides a 26% tax credit for solar panel installation in 2020 and then lowers to 22% in 2021. There is no tax credit scheduled for residential solar systems after that.

Evaluate Your Solar Panel Options

The last part of the process of purchasing your solar energy system is looking at the different options available for your home or business. You have many options to choose from, such as monocrystalline, polycrystalline, and thin film, as well as bifacial. When determining which one is the best fit for you and your solar energy needs, think about factors such as how the weather might affect solar panel performance, how efficiency compares, and which ones are more budget-friendly. These are all important questions that should be addressed when evaluating all your options. 

Again, finding the right fit when there are so many options available can make the process overwhelming and confusing. When you work with Direct Solar America, we help guide you through this process to make sure you find the perfect fit.

Feel informed and ready to get started on purchasing your solar energy system? Contact us today!

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