Benefits of Solar Energy
Solar energy comes with multiple advantages. Here are some highlights.
- Reduced carbon footprint: Solar is one of the universe's most abundant clean energy sources, meaning you can minimize or conquer your home's dependence on fossil fuels.
- Lower energy bills: Sourcing some or all of your own energy will spend less on electricity long-term.
- Better energy independence: Solar panels can keep your home powered through emergencies and blackouts, giving you additional security. You can use your solar energy anytime with optional battery storage.
What Solar Incentives Are Available to Roswell Homeowners?
Georgia homeowners who go solar could qualify for tax credits, special financing, reimbursements and rebates. Here are just a few of the region's incentive offerings.
Incentive Type: Sales Tax Incentive
Incentive Amount:
100% exemption
Incentive Type: Rebate Program
Website: georgiapower.comIncentive Amount:
Single Family
Central AC Replacement: $50
Air/Duct Sealing: $300
Attic Insulation: $250
Heat Recovery Water Heater with Heat Pump: $250
Heat Pump Water Heater: $250
Solar Water Heater: $250
Home Energy Assessment: $150
Smart Thermostat: $75
Heat Pump conversion: $250
Multifamily
Central AC Replacement: $25
Air/Duct Sealing: $150
Attic Insulation: $125
Heat Recovery Water Heater with Heat Pump: $250
Heat Pump Water Heater: $250
Solar Water Heater: $250
Home Energy Assessment: $75
Smart Thermostat: $38
Heat Pump conversion: $125
Incentive Type: Loan Program
Website: cgemc.comIncentive Type: Personal Tax Credit
Website: ecowatch.comIncentive Amount:
30% federal tax credit for systems placed in service after 12/31/2021 and before 01/01/2033. Good for: solar water heat, solar photovoltaics, biomass, geothermal heat pumps, wind (small), fuel cells using renewable fuels.
How To Choose the Best Solar Company in Roswell
The price and effectiveness of solar panels often rely on the solar company that installed them. Make your choice based on the following key factors.
Your photovoltaic panels' type will impact how much electricity you can generate. Monocrystalline panels cost more but give you the best performance. Polycrystalline panels produce less power, but start at a more budget-friendly price point. Thin-film panels work well for small projects like RVs and sheds, but they're not ideal for larger installations due to their low performance.
If you want to charge an electric vehicle (EV) or use your solar power in inclement weather, you'll usually pay extra for add-ons. These will increase your total project price, but they can improve your solar system's performance. Not every solar provider includes these extras, so look for a provider that has them if it's a priority for you.
Licensing and Training
Georgia doesn't have solar-specific contractors' licenses, but the law does require solar installers to be licensed electrical contractors. The Georgia Secretary of State manages business filings and licenses. Solar providers can also pursue certificates from trade groups and standards organizations. The most recognized ones in the industry come from the North American Board of Certified Energy Practitioners. Most company websites will prominently display earned credentials, but you should also ask your estimator for more information.
Financing Options
Choosing the correct financing solution will affect your overall solar system cost and possible savings. Common payment options include power purchase agreements, loans, leases, and cash payments. Though it requires a large up-front payment, cash is the most economical choice because it doesn't accrue interest and qualifies you for incentives. Solar loans are the second most effective option. As with a car loan or mortgage, you'll pay a monthly rate towards system ownership, including interest. You can still apply for cost-saving solar incentives, and depending on your lender, you could put as little as $0 down. Solar leases involve paying a set monthly rate to use rooftop panels. A PPA (Power Purchase Agreement) lets you pay a monthly rate based only on the energy you use, akin to an electric bill. We typically don't recommend these two choices because you won't own the system and cannot use solar incentives. Ask each installer you're evaluating about the payment options it offers. A team member can help you determine the best option for your budget.
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Frequently Asked Questions About Solar in Roswell
How much money could I save by going solar in Roswell?
How common is solar energy in Roswell?
Should I expect a boost in my property value after adopting solar power?
How long does it take to pay back a solar loan in Roswell?
How can I assess my home's solar suitability?
How long does the photovoltaic installation process last?
What's the difference between a PPA and traditional financing?
In contrast, solar loans can come from the government, your installer's partners, specialty lenders and local banks. You'll need to pass a credit check to qualify for most of them. While the upfront costs are higher and you'll be responsible for upkeep, you'll also have full ownership rights and can apply for many more incentives.
