Facebook Ad Bing Ad

Top 3 Ways Most Solar Companies Can Be Misleading in CT and How to Find Out the Truth.

Green Bolt
Top 3 Ways Most Solar Companies Can Be Misleading in CT and How to Find Out the Truth

In recent years, the solar power industry has been attracting some bad rep, and sometimes, justifiably so! The industry has its share of rotten apples – solar companies that prioritize a few quick bucks over customer satisfaction with their solar systems. Unsuspecting customers are misled into buying a solar system that costs too much, doesn’t meet their power needs, or just doesn’t deliver promised savings.

The good news is that it’s not really difficult to identify and avoid such companies. You should just know their lies. Keep reading to find out the common lies CT solar companies tell. 

  1. The Flat 26% Discount

This is one of the most common lies perpetuated by solar installers. The “discount” they are referring to is the Federal Income Tax Credit (ITC). As the name indicates, it’s a credit, not a discount. 

What this means is that if your ITC comes to $1,000 and your annual income taxes are $5,000, you only have to pay $4,000. But what if your annual taxes are just $500? In that case, you don’t get to enjoy the full ITC benefit in that taxable year.  The good news, is that does roll over to the following years allowing you to take advantage of the credit when you need the tax break

  1. Downplay The Costs

Despite the unbelievable drop in prices of solar panels over the past few years, solar installations can still require an upfront investment. There is no death of solar companies offering very low quotes via online quote generators to get you to notice them.

Once you sign the contract, you find out that the actual costs are higher, there are hidden costs, or that the installer used low-quality products to cut corners. 

Only you can save yourself from such companies. Get solar quotes from a reputable solar company. Go through the solar quote in detail, understand why the company is quoting the price and program, and find the most suitable option for you. Ideally, it should include products from reputed brands, and the installer must be an established player in the industry.

  1. Exaggerating the Savings

One of the common ways of attracting the attention of customers is to exaggerate the savings from residential solar power. Buying a solar system is not the time to be lazy when it comes to research.

The various incentives available for CT homeowners are well-publicized. We’ve covered them extensively too. You can use official sources to calculate these incentives and the net revenue they generate for you. Also, you can use your monthly utility bill to calculate your savings for the next 25-30 years.

With a bit of groundwork, you can make fairly accurate estimates of your potential savings, and you won’t have to rely on the solar company to provide you with those figures.

To reiterate, a small amount of research goes a long way in protecting your investment and solar dreams from being derailed by an opportunistic solar company.  Trust reviews and established companies with reputable brands.

Facebook
Twitter
LinkedIn
Pinterest

Leave a Reply

Your email address will not be published. Required fields are marked *

Lead-Acid vs. Lithium Batteries: Which Solar Battery Storage is Good for East Brunswick Homes?
Lead-Acid vs. Lithium Batteries: Which Solar Battery Storage is Good for East Brunswick Homes?

Homeowners are increasingly choosing to add battery storage to their solar power installation. When considering solar battery storage, you will always come down to the question: Should I choose a lead-acid battery or a lithium-ion battery? After all, these are the two most popular home storage batteries available in the market, and here is everything you need to know to make a decision.

Read More »
Will Solar Solutions Become More Affordable Over Time in Cedar Park?
Will Solar Solutions Become More Affordable Over Time in Cedar Park?

Green energy supporters in the U.S. who also support local economies have always been conscious of the fact that the majority of solar panels in the country are imported. They had an uneasy choice presented before them: choose green energy or support the local economy? What’s more, the imported solar panels were cheaper than the locally sourced solar panels too, tilting the balance in favor of foreign players.

Read More »

Get Started Today

Let’s talk about potential solar opportunities. We offer free, no obligation quotes to get you started on your solar journey.

If you’d like to talk with us outside of getting a quote then please reach out to us using our contact page.

"By hitting submit you recognize that we may contact you using phone, email, and/or text in regards to your inquiry. Please refer to our privacy policy for more information."
@ 2023 GREEN POWER ENERGY (844) 584-0008
47 East Street Annandale, NJ 08801

42 Ozick Dr, Suite 3, Durham, CT 06422

2112 Holly St, Austin, TX 78702

NJ HIC #13VH05559800

NJ ELC #34EB01151200

PA HIC #PA128259
CT HIC #0656622
CT ELC.0205319-E1
TECL #37773